Tag: Wholesale Electricity Spot Market

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WESM rates up in February

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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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DigiPlus abandons New Zealand license bid

Corporate 0
DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Communications & Technology 0
Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Rockport Power secures renewed RES License

Energy & Mining 0
Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

Communications & Technology 0
The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.

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