MANILA, Philippines – A significant number of business executives may exit the Philippines amid concerns over power stability, with the country heavily relying on fossil fuel imports, according to a survey.
The poll—commissioned by E3G, We Mean Business Coalition and the Global Renewables Alliance—showed that 92 percent of Filipino business leaders said that the local market was “too reliant” on power imports.
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The report noted that it was the “highest figure” logged among all 18 countries surveyed.FEATURED STORIES
