The Philippines Mulls Bringing Nuclear Power in the Country’s Energy Mix
According to media reports, the Philippine’s Energy Secretary is seeking approval of a proposed executive order (EO) that will include nuclear power in the country’s Energy mix. This proposal is in response to the rapid growth of electricity demand in the Philippines....
Philippines Hoping to Achieve ‘A’ Credit Rating Within Two Years
According to Bangko Sentral ng Pilipinas Governor, the Philippines is on its way to achieve an “A’’ credit rating grade by international debt rating agencies. Since 2013, the Philippines has enjoyed an investment grade rating of BBB/stable from Fitch Ratings. S&P...
Philippines Orders 12 Cargo Helicopters from Russia
President Rodrigo Duterte confirmed that the Philippines had placed an order of 12 cargo helicopters from Russia during an interview with a Russian television network. The plan to purchase the helicopters from Russia got delayed due to budget constraint but it was...