MANILA—Local exporters of electronic products are concerned over the country's power situation as brownouts again hit parts of Luzon, an industry official said Wednesday.
"Hopefully we'll see the DOE (Department of Energy) prioritize projects of national significance," Dan Lachica, chairman of the Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI) said in an interview with ANC.
His remarks come on the heels of Meralco's announcement earlier in the day that rotational brownouts could affect some areas after Luzon was placed on the highest alert due to insufficient power reserves.
Lachica said that, besides the effects of the US-China trade war on the global demand for electronics, the power situation was also a "challenge" for electronics manufacturers.
Another domestic concern was the upcoming elections and the possibility of new regulations on controlled chemicals used in manufacturing. Lachica also said port congestion remained a problem for manufacturers.
While he expects a "flattening" demand for electronics, Lachica said SEIPI is still optimistic that it can meet its target 3-percent growth this year.
"We just have to survive the tides, the ebbs and tides of the variation in industry demand," he said.