Latest in natural gasThe Philippines has implemented more policy measures to counter the global oil shock than any other economy in Southeast Asia, according to a report by the Asian Development Bank (ADB). The Manila-based multilateral lender’s latest brief showed the Philippines adopted 7 of 8 major policy…
Low-income households in Metro Manila could see their savings erased even under a conservative 5 percent inflation scenario driven by the ongoing oil crisis, an economist warned. University of Asia and the Pacific (UA&P) School of Economics Dean Dr. Peter Lee U put the numbers plainly during a…
The Philippines could slash its fuel import costs by as much as 20 times by shifting to nuclear power, yet the country continues to source roughly three-quarters of its electricity from coal and natural gas, Pangasinan Rep. Mark Cojuangco said Saturday, April 18. Cojuangco, chairman of the House…
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