The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.
Metro Manila water rates will increase starting next year, the Metropolitan Waterworks and Sewerage System–Regulatory Office (MWSS-RO) said on Monday. The adjustments are meant to reflect changes in taxes and environmental charges.
The various fuel retailers will raise gasoline prices by P0.20 per liter starting Tuesday morning, while prices of diesel and kerosene will be cut by P0.20 per liter.
International Container Terminal Services Inc. (ICTSI) will invest R$948 million to expand and modernize the Rio Brasil Terminal at the Port of Rio de Janeiro from 2025 to 2029.
The Philippine Competition Commission (PCC) and the Securities and Exchange Commission (SEC) have signed a data sharing agreement to strengthen cooperation in promoting transparency and fair competition in the corporate sector.