Asia exports to outperform with 2024 growth of 7.4%
EXPORTS from Asia are expected to grow 7.4% this year, outperforming other regions, the World Trade Organization (WTO) reported. In its October Global Trade Outlook and Statistics, the WTO upgraded its forecast for world merchandise trade growth in 2024 to 2.7%
NGCP seeks ERC approval to connect Mindoro, Batangas
THE National Grid Corp. of the Philippines (NGCP) said it is seeking Energy Regulatory Commission (ERC) approval for the 500-kilovolt (kV) Batangas–Mindoro Interconnection and Backbone Project (BMIBP).The NGCP filed an application to the ERC for provisional authority to carry out
DBCC to review targets in ‘special meeting’
THE cabinet-level Development Budget Coordination Committee (DBCC) will convene in a “special meeting” early next month to review its macroeconomic assumptions and fiscal targets through 2028, Budget Secretary Amenah F. Pangandaman said. “I think we scheduled it sometime in November,” Ms.
Smaller nuclear power plants deemed more suitable for PHL
By Sheldeen Joy Talavera, Reporter BUILDING small modular reactors (SMRs) and micro modular reactors (MMRs) will help produce a more “distributed” power generation strategy as opposed to investing in large, expensive facilities, an analyst said. “If the Philippines adds nuclear power to
PHL agri market access project rated ‘satisfactory’ by funder WB
PHILIPPINE STAR/ MICHAEL VARCASTHE World Bank (WB) said it returned a “satisfactory” rating on progress made by the Department of Agriculture in enhancing farmer and fisherfolk market access.The government borrowed $600 million from the World Bank for the Rural Development