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 Philippines is advancing plans for a sustainable and resilient future, with a focus on clean energy, economic growth, and stronger public-private partnerships, officials said at the Pilipinas Conference 2025.
Fuel prices will see mixed changes this week, with gasoline dropping slightly while diesel and kerosene rise. The various retailers will implement the adjustments by Tuesday morning.
The Bureau of Internal Revenue (BIR), under the direct supervision of newly minted Finance Secretary Frederick D. Go, on Monday announced the immediate and temporary suspension of all field audits and related operations, including the issuance of Letters of Authority (LOAs) and Mission Orders (MOs), following widespread taxpayer concerns over audit practices.