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.
Megaworld Corp. will begin transferring about 70,000 sqm of mall space to its REIT unit, Mreit Inc., next year, with the infusion to be done in two batches that may include a property-for-share swap.
Online gaming firm DigiPlus Interactive Corp. will discuss responsible gaming and corporate social responsibility at the Global Gaming Expo (G2E) Asia Philippines next week. The event will take place on December 10-11 at Newport World Resorts.
Low-income households in socialized housing communities are set to receive long-awaited relief on their monthly water bills on account of a new partnership forged under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.