PH growth requires reliable, inexpensive electricity

THE stability of electricity supply must be consistently reliable, and its prices must be reasonable to help sustain and invite investments that would further spur the growth of the Philippine economy, industry experts said at The Manila Times economic forum, titled "Insights 2024: Immersive, generative globalization."

"What we need to do is make sure that the country has enough stable, reliable and cost-effective [power] capacity to power the economy. That's what we need to do first and foremost," Aboitiz Power Corp. President and Chief Executive Officer (CEO) Emmanuel "Manny" Rubio said during the fireside chat portion of the program at Sheraton Manila Hotel in Pasay City.