Tag: Wholesale Electricity Spot Market

Rizal Commercial Banking Corp., led by the Yuchengco group, reported Wednesday that its pre-provision operating profit climbed 13 percent year-on-year to P23.6 billion in the first nine months ending September, driven by healthier interest margins and steady core banking business. This key measure of underlying profitability shows how well the bank’s main operations are performing before setting aside funds to cover potential bad loans—a critical indicator for shareholders tracking long-term earning power.

Wholesale electricity prices across the Philippines climbed 18.4 percent in October from September levels, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

Thirty years ago, Ronald McDonald House Philippines began helping Filipino children get an early start in learning. Today, its idea of caring for children has grown beyond the classroom to include a place where parents can catch their breath while their little ones receive medical care.

Specialized technology professionals can command monthly salaries of up to P158,000 in the Philippines, as companies compete for workers with hard-to-find skills amid expanding digital operations and artificial intelligence adoption, according to Jobstreet by SEEK.