Manila, Oct. 29 -- Singaporean businesses are strengthening their tie-up with Philippine counterparts given the attractiveness of the Philippines' energy sector, an official of the Sustainable Energy Association of Singapore (SEAS) said Wednesday.
SEAS Executive Director Kavita Gandhi, in an interview on the sidelines of the Singapore International Energy Week (SIEW), said there are "some investors that are looking at (the) Philippines actively."
"(The) Philippines is a very attractive market. Your tariffs are very high, you know, one of the highest in Asia. I guess, almost similar to Singapore. So that gives room for renewables to play," she said.
Gandhi, however, said some of the investors worry about the regulatory challenges in the...
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