DOE seeks solutions as weaker peso may hike electricity rates
SINGAPORE—Filipinos should brace for higher electricity prices as the peso continues to lose ground against the US dollar, Energy Secretary Sharon Garin said on Tuesday. According to her, the weaker Philippine peso will drive up the import costs of coal, diesel and liquefied natural gas. “So P64 is probably the highest we have now. So
Places named in this report: Singapore
Exact coordinates
singapore: 1.350, 103.820
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