11-month NG debt rises to P14.51 trillion
The outstanding debt of the national government in November stood at P14.51 trillion, up P27.92 billion from the level in October due mainly to the net issuance of treasury debt papers in the domestic capital market for budget support.
Commercial operation of power reserves market seen in four weeks
The Independent Electricity Market Operator of the Philippines (IEMOP) on Wednesday projected the coming online or the full commercial operation of the power reserves market before the end of the month.
SEC rejects deferment calls to implement new sustainability reporting guidelines
The Securities and Exchange Commission has adopted revised sustainability reporting guidelines and the use of SuRe forms for listed firms starting this year despite calls for the deferment of their implementation.
Restoration of Panay Island power supply underway
The National Grid Corporation of the Philippines (NGCP) appealed for better energy resource planning following a power outage traced to multiple power plant failures that isolated Panay island from the rest of the Visayas grid on Tuesday.
ACEN affiliate completes acquisition of Indonesian wind projects
ACEN Corp. affiliate ACEN Investments HK Ltd. and its Indonesian partner have acquired UPC Renewables Asia Pacific Holdings which is even now pursuing wind-driven power projects in Indonesia.
