Tag: Wholesale Electricity Spot Market

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WESM rates up in February

The cost of power obtained from the Wholesale Electricity Spot Market (WESM) in Luzon and the Visayas thus far this month trended up, according to the independent electricity market operator of the Philippines (IEMOP).

Meralco power rates lower in Feb

Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge. 

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Smart call-drop rate breaches NTC standard in Undas tests

Smart Communications recorded a 5.26 percent call-drop rate in government tests at Metro Manila bus terminals ahead of Undas, breaching the National Telecommunications Commission’s prescribed ceiling of less than 2 percent even as the regulator found generally strong mobile network performance.

Clark-led demand drives Pampanga property boom

Pampanga’s property market is set for sustained growth as investments in Clark draw workers, migrants and homebuyers, driving housing demand faster than in neighboring Central Luzon provinces, according to Hausland Holdings Inc.

MICC seeks return of ancestral lands to Indigenous control

The Mining Industry Coordinating Council (MICC) is seeking to restore Indigenous Peoples’ control over ancestral lands after mining companies complete their operations and rehabilitation obligations, putting post-mining land rights at the center of proposed reforms.

Eala’s double faults prove costly in Toray

In tennis, sometimes the difference between victory and defeat is just one point. For Alex Eala, it was a double fault at precisely the wrong moment.

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