SINGAPORE—The Spain-Portugal blackouts, which had been partly blamed on overreliance on solar without enough capacity backup, signal a warranted acceleration of energy storage investments for markets like the Philippines that have been betting on massive-scale renewables. In an exclusive...
Borrowing rates for short-dated T-bills rose across the board on Monday, May 5, but it didn 't stop the Bureau of the Treasury (BTr) from raising the ₱25 billion it sought to borrow. In a statement, the BTr said it awarded ₱8 billion in the benchmark 91-day treasury bills at 5.573...
Amid concerns of a cooling Chinese economy, SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, remains upbeat about its businesses in China, where it has also ventured into the office leasing business in addition to malls. “In China, there is nothing to...
Students and business owners in Barangay Malabog, Davao City are able to progress as accessible electric power finally reaches their homes and establishments. Mitch Balbuena, 14, dreams of being a teacher but initially found it hard to focus on her studies, relying on intermittent power from solar...