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Thursday, 06 November 2025, 5:08 pm

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    WESM prices surge 49% in October on tight supply, higher demand

    Energy 0
    The average price of electricity at the Wholesale Electricity Spot Market (WESM) soared by 49.4 percent in October, reaching ₱4.54 per kilowatt-hour (kWh) from ₱3.04/kWh in September, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

    Dizon files more complaints vs. contractors over alleged DPWH bid rigging

    Transport & Communications 0
    Public Works Secretary Vince Dizon has lodged two additional complaints before the Philippine Competition Commission (PCC) for a preliminary inquiry into alleged bid rigging and project manipulation involving two contractors and three project contracts in Davao Occidental and La Union.

    BPI expands digital reach with Pay&Go tie-up 

    Banking & Insurance 0
    The Bank of the Philippine Islands (BPI), through its digital wallet VYBE, has partnered with Pay&Go to let users cash in for free at over 3,000 kiosks nationwide. 

    Robust enterprise demand spurs Converge 9-month profit growth

    Corporate 0
    Converge Information and Communications Technology Solutions, Inc. (PSE: CNVRG) posted an 8.4 percent rise in net income to P8.9 billion for the first nine months of 2025, from P8.2 billion a year earlier, as strong enterprise demand and steady residential growth lifted revenues.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Only Tawi-Tawi yet to get P20/kg rice — DA

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    The Department of Agriculture (DA) announced that only Tawi-Tawi province has yet to be covered by the government’s P20-per-kilo rice program.
    Energy

    WESM prices surge 49% in October on tight supply, higher demand

    0
    The average price of electricity at the Wholesale Electricity Spot Market (WESM) soared by 49.4 percent in October, reaching ₱4.54 per kilowatt-hour (kWh) from ₱3.04/kWh in September, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
    Transport & Communications

    Dizon files more complaints vs. contractors over alleged DPWH bid rigging

    0
    Public Works Secretary Vince Dizon has lodged two additional complaints before the Philippine Competition Commission (PCC) for a preliminary inquiry into alleged bid rigging and project manipulation involving two contractors and three project contracts in Davao Occidental and La Union.
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