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PeakMetrics / Fact Checks

Economy & business fact checks

Explore claims publishers have checked about economy & business. Read their original ratings and follow the evidence.

7,091 published reviews in this topic

VERA FilesEconomy & business

The Philippines has the highest electricity rate in Asia.

Publisher’s rating: False

Research from related reporting says the Philippines does not have Asia’s highest electricity prices: an Energy Regulatory Commission chairman said it has the third-highest, behind Japan and Singapore. The report attributes the high prices to factors including the cost of capital, separate power grids, imported fuels, and taxes.