Electricity spot market rates jump 38% in May
Electricity prices across the Wholesale Electricity Spot Market (WESM) rose by 38.5 percent in May, according to data released Wednesday by the Independent Electricity Market Operator of the Philippines (IEMOP).
Razon group extends aid to quake-hit areas in Mindanao
Companies under the Razon Group have mobilized relief efforts in Mindanao following the devastating 7.8-magnitude earthquake that struck the region on Monday, bringing much-needed assistance to communities heavily affected by the disaster.
Bamboo: A green building solution still largely missing from Philippine cities
Bamboo is the world’s most renewable building material — it matures in 3–5 years, regrows without replanting, and absorbs carbon.
BPI expands financial wellness offerings with Auntie Anne’s
The Bank of the Philippine Islands (BPI) has partnered with Pretiolas Philippines Inc., operator of Auntie Anne’s in the country, to roll out BPI Salary On-Demand for its over 500 employees.
Globe deploys Starlink satellite service after Mindanao quake
Globe Telecom, with Elon Musk’s Starlink, has launched satellite-to-mobile service in South Cotabato, Sultan Kudarat, and Sarangani following a magnitude 7.8 earthquake. Approved quickly by the NTC, it is Globe’s first use of this tech for emergency response in the country.
