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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VinFast VF 3 tops Philippine electric vehicle sales

The VinFast VF 3 emerged as the Philippines’ best-selling battery electric vehicle (BEV) model in the first eight months of 2026, recording 2,906 units sold from January to August, according to data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) cited by the company.

September auto sales up 21%, but 9-month slump persists

Philippine automotive sales rebounded 21 percent in September as dealerships recovered from weather-related disruptions, but the monthly surge has yet to reverse the industry’s double-digit decline for the first nine months of 2026.

DTI proposes tougher e-bike rules, higher compliance costs

The Department of Trade and Industry (DTI) is proposing mandatory safety certification for electric bicycles, scooters and other light electric vehicles (LEVs), a move that could drive up compliance costs for businesses while tightening safeguards against electrical and battery-related hazards.

FMI marks 30 years, targets growth through technology, skills

Facilities Managers, Inc. (FMI) is marking its 30th anniversary with plans to expand its facilities management business through technology adoption, workforce development and international opportunities, building on a three-decade track record that has generated employment for around 6,000 Filipinos.

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