September WESM prices rise 3.1% nationwide, set to reflect in October bills
Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.
Rockwell joins expanded 4PH to widen homeownership access
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
Ayala Land’s Vermosa earns top green district certification
Ayala Land’s 752-hectare Vermosa estate in Cavite has received the highest rating under the Philippine Green Building Council’s (PHILGBC) BERDE Districts certification system, adding a sustainability credential to its bid to establish itself as a major residential and commercial growth center south of Metro Manila.
Prosecutors withdraw 3 of 4 articles in VP Duterte impeachment
House prosecutors in the impeachment trial of Vice President Sara Duterte have decided to focus on Article 2, which covers allegations of ill-gotten wealth, while withdrawing charges involving the misuse of confidential funds, bribery, and threats.
Haus Talk targets 1,500 housing units in Batangas expansion
Listed property developer Haus Talk Inc. (HTI) is expanding its residential footprint in Southern Luzon, planning to develop more than 1,500 housing units on two properties in Batangas as it seeks to capture demand from economic and mid-market homebuyers.
