Peso continues slide to historic lows, slumps to 57

The peso continued its daily slide against the US dollar Tuesday.

It dipped to a fresh all-time low of 57 as stronger greenback overseas weighed on investor sentiment.

The Philippine currency has lost over 11 percent of its value against the US dollar since the beginning of the year.

DOE raises RE utilization percentage for on-grid areas

The Department of Energy (DOE) has increased the percentage of the utilization of renewable energy for on-grid areas from one percent to 2.52 percent in line with the administration’s goal of transitioning towards a sustainable and clean energy future.

DOE raises RE utilization percentage for on-grid areas

The Department of Energy (DOE) has increased the percentage of the utilization of renewable energy for on-grid areas from one percent to 2.52 percent in line with the administration’s goal of transitioning towards a sustainable and clean energy future.