Higher reserves help ease WESM rates in December
The average price of electricity at the Wholesale Electricity Spot Market (WESM) eased in December, according to the Independent Electricity Market Operator of the Philippines (IEMOP). It attributed the decrease in the average spot price of power to higher levels of reserves.
ACEN Corp. draws P11 billion in sustainability-linked loan from ADB, BPI
The Asian Development Bank (ADB) and the Bank of the Philippine Islands (BPI) have extended ACEN Corp. an P11-billion sustainability-linked loan to finance its solar projects.
Converge powers LBC connectivity requirements
LBC Express Incorporated, the country’s premier courier provider, has tapped Converge ICT Solutions Inc. for its fiber broadband connectivity requirements nationwide.
WalterMart partners with 2GO for seamless grocery delivery in Metro Manila
2GO, the country's largest transportation and logistics solutions provider and a part of the SM Group, is only recently selected as primary logistics solutions and delivery partner for WalterMart Supermarket’s e-commerce business.
PAL in codeshare pact with American Air
Philippine Airlines has entered into a codeshare partnership with American Airlines to roll out the first marketed flights by a Philippine carrier to several US destinations and allow American’s customers to travel to Manila, and Cebu.
