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.
The Luzon Economic Corridor is fast becoming the centerpiece of deepening economic ties among the US, Japan, and the Philippines, a senior U.S. diplomat said Tuesday, underscoring its role in reshaping regional supply chains and crowding in private capital.
At the annual board meeting of the US-Philippines Society on Tuesday, Ambassador ENDO Kazuya underscored the growing role of non-government actors in promoting peace and prosperity in the Indo-Pacific region.
Security Bank Foundation, Inc. (SBFI) has turned over a new two-storey, six-classroom Technical-Livelihood Education (TLE) building to Zamboanga City High School Main (ZCHSM), marking its 900th classroom built nationwide.
Ayala Land Logistics Holdings Corp. (ALLHC) joined forces with the Philippine Economic Zone Authority (PEZA) and the Philippine Trade and Investment Center in Taipei (PTIC-Taipei) to pitch Philippine industrial parks to Taiwanese firms eyeing Southeast Asian expansion.