Diversified conglomerate San Miguel Corp., the country's biggest business group, is going full blast in its expansion into the extractive industry
SOLVING A CRISIS. The Aquino administration vows to find solutions to the Mindanao energy crisis and put into place sustainable power supply for the region.
MANILA, Philippines - The Aquino government is still keen on pursuing nuclear energy as a means to prevent any power shortage in the future and to make electricity costs more affordable in the Philippines.
In the Socioeconomic Report 2010 to 2012, the National Economic and Development Authority (NEDA) said the government intends to focus its efforts on studying alternative technologies in power generation, specifically nuclear power.
The NEDA said the Department of Energy (DOE) is currently undertaking efforts to prepare the country for nuclear power use. The agency said the DOE is in the process of undertaking human resource capacity building to prepare for the eventuality.
The report stated that:
The NEDA added that the government is also open to studying energy policies in other ASEAN countries, particularly Thailand, Indonesia, Malaysia and Singapore.
The agency said it wants to:
- Rappler.com
Diversified conglomerate San Miguel Corp., the country's biggest business group, is going full blast in its expansion into the extractive industry
Two of the country's biggest business groups have added a new battleground for their -- and their Asian tycoon principals' -- intersecting interests