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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PPA pushes inter-island sea travel for ASEAN‑linked five-day holiday

The Philippine Ports Authority (PPA) is inviting Filipinos to explore local tourist spots using the country’s modernized ports and budget‑friendly inter‑island sea travel for the November 14‑18 extended holiday tied to the 49th ASEAN Summit.

GMA Network’s nine-month net income plunges  98%

GMA Network Inc. reported a 98‑percent drop in its January‑September net income, as the end of election‑driven advertising revenue, inflation, and economic uncertainty dragged down its core broadcast business.

Meralco raises November rates by P0.49 per kWh

A weaker peso, more expensive imported natural gas, and rising electricity demand pushed up Meralco’s power procurement costs, prompting a P0.4895 per kilowatt-hour (kWh) increase in electricity rates for November.

Isuzu climbs to third in Philippine customer experience survey 

For a vehicle buyer, the relationship with a carmaker does not end when the keys are handed over. If anything, the real test begins when the first maintenance bill arrives or something needs fixing.

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