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 Department of Transportation announced Monday that the LRT-2 will extend its operating hours from December 9 to 30 to accommodate late-night commuters during the holiday rush, following President Ferdinand Marcos Jr.’s directive to keep rail lines open longer this Christmas season.
The Securities and Exchange Commission (SEC) is proposing a new tiered system for minimum public ownership (MPO) requirements for companies planning to go public.