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.
The Philippines will showcase investment opportunities across the critical-minerals value chain at Australia’s largest mining conference, seeking to attract capital that can transform its mineral resources into higher-value industries and strengthen its position in global supply chains.
The Bangko Sentral ng Pilipinas has launched a new book titled “Bahandi: The Surigao Treasure and Related Finds”at its head office in Manila. The publication shines a spotlight on extraordinary pre-colonial gold artifacts, revealing the rich cultural heritage and advanced civilization of early Filipinos long before the arrival of Spanish colonizers.
The Department of Agriculture (DA) has welcomed a $34.1-million (approx. ₱2.1-billion) grant from the United States government aimed at boosting the Philippine ube industry and connecting local growers to expanding international food and beverage markets.