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.
Lawmakers are pressing the Department of Budget and Management (DBM) to finally clear nearly P4 billion in government arrears owed to two major automakers under the Comprehensive Automotive Resurgence Strategy (CARS), a move seen as critical to restoring investor confidence in the Philippines’ industrial policy.
MREIT, Inc., the real estate investment trust of Megaworld Corp., is expanding its footprint after its board approved the infusion of nine Grade A office buildings through a property-for-share swap valued at P16.22 billion.
Maya has tapped M Pioneer Insurance Inc. In offering SafeTrip travel insurance directly in the Maya app, giving Filipino travelers simple, affordable, and easy access to protection before they go abroad.
Olivia McDaniel was likely bargaining with the football gods as she lunged to her left, body angled, hands stretching just far enough to meet a ball that slipped from her grasp for a split second—then stayed. When she collapsed in front of goal, clutching salvation, a long-awaited chapter in Philippine football history finally turned its page.