Solar, wind projected to lead renewable energy expansion

SOLAR and wind energy projects will continue to drive the growth of Philippine renewable energy (RE) with additional capacity estimated at 6.8 gigawatts (GW) over the next 10 years, Fitch Solutions Country Risk and Industry Research estimated in a report. 

Farmers lobby Marcos not to extend EO setting low rice tariffs

THE Federation of Free Farmers (FFF) asked President Ferdinand R. Marcos, Jr. not to extend the effectivity of an executive order setting lower tariffs for rice imports. 

IT-BPM shift to WFH: Issues and questions

By Eleanor Lucas Roque
Among the many things that the pandemic taught us is the ability to work efficiently at home. We have discovered the joys and challenges of just rolling out of bed and barely combing our hair to join our early morning Teams or Zoom call. The ability to work without the horrendous sacrifice of sitting in traffic or braving the jam-packed MRT are but a couple of the perks of working from home.

Mindanao WESM targeted for launch in early 2023

THE INDEPENDENT Electricity Market Operator of the Philippines (IEMOP) said it hopes to launch Mindanao’s wholesale electricity spot market (WESM) by the first quarter of next year.  

P250-M startup fund expected to be launched next year

THE DEPARTMENT of Trade and Industry (DTI) said it hopes to roll out a P250-million startup fund by early next year.

Israel water industry sees Cebu as potential market for desalination technology

ISRAEL’s water industry considers Cebu as a potential market for desalination technology to address its inadequate water supply, Israel’s economic attache to Manila said.

Increasing RE should take priority over going nuclear, think tank says

INCREASING the share of renewable energy (RE) in the power mix should take priority over the Department of Energy’s (DoE’s) plans to introduce nuclear power, an energy think tank said.

FTA with US seen expanding investment in PHL

A FREE TRADE agreement (FTA) with the US remains a Philippine priority, the Department of Trade and Industry (DTI) said, citing such a deal’s potential for increasing investment in the Philippines.

Undaunted and unstoppable in the face of uncertainty

By Henry M. Tan
Throughout history, we have seen how times of great uncertainty and disruption have triggered sudden leaps and progress despite the problems and challenges they bring.

Thailand’s Charoen Pokphand weighing more PHL investments

THAILAND’s Charoen Pokphand Group Co. Ltd. (CP Group) has expressed interest in investing in Philippine aquaculture and hog production, the Office of the President said in a statement.

PEZA sees Japanese interest in renewables, electric vehicle projects

THE Philippine Economic Zone Authority (PEZA) said Japanese manufacturers are considering investing in Philippine renewable energy and electric vehicle (EV) projects.  

National strategy for logistics industry due in December

THE government is drafting a national strategy for the logistics sector for launch next month, with the goal of attracting more investment into the industry, the Department of Trade and Industry (DTI) said.  
BusinessWorld Online