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Peso up, exports up, power down

Big business establishments in the Davao region are now providing their own generator sets to help ease the power problem in Mindanao.

SM City Davao, one of the largest mall operators in the region, is now running its own generator set every two hours daily in the afternoon.

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Markets in Singapore, Taiwan and Malaysia all ticked slightly higher. In the Philippines, stocks rose 0.21 percent to 3,114.

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Philippine exports rose at the fastest pace in more than 14 years in January as demand for electronics goods gained amid the global economic recovery. The peso climbed to an eight-week high.

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