Cryptocurrency guidelines in the works – Recto
The regulators are crafting the guidelines helping shield cryptocurrency investors from fraudsters and other market actors who take advantage of the unwitting and the unsophisticated, Finance Secretary Ralph Recto said.
IEMOP signals WESM price hikes as mercury levels climb in the hot months ahead
The Independent Electricity Market Operator of the Philippines (IEMOP) projected peak power demand rising 6 percent at the Wholesale Electricity Spot Market (WESM) as temperature climbs in the hot months forward when the island groups across the country demand the most from the power grid.
Alabat Wind supplies NGCP with 62.4 MW in a new interconnection pact
The Alabat Wind Power Corp. (AWPC), the renewable energy arm of Alternergy Holdings Corp., is supplying the National Grid Corporation of the Philippines (NGCP) with 62.4 megawatts (MW) from its wind power project in Alabat, Quezon in an interconnection agreement (ICA)
Lone bidder at Meralco CSP exercise raises likelihood of negotiated power purchase
Only one company has expressed interest to provide the Manila Electric Co. (Meralco) with the 260 megawatts of power it needs for its franchise area in the hot months ahead.
Property market stay bought through 2024 and beyond, Colliers
The property market in Cebu is expected to stay buoyant beyond 2024, with most development likely focused in cities of Cebu, Mandaue and Lapu-Lapu
