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).
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.
AIA Philippines has introduced AIA Advantage Max, a single-premium investment-linked insurance product that combines life insurance protection until age 100 with access to global investment funds offering potential quarterly income distributions.
The National Dairy Authority (NDA) has received 1,419 pregnant dairy cattle from Australia — its first such import in nearly three years — to grow the country’s dairy herd and raise domestic milk production.
Motorists and households will welcome a bigger price drop for gasoline this week, but diesel users face higher costs as fuel companies implement mixed changes for the third week running, the Department of Energy (DOE) confirmed Monday.
Businesses in Cebu and across the Visayas must invest in more resilient power systems as structural grid challenges are expected to persist through 2028, according to COREPLUS, a subsidiary of Vivant Energy.