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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ASF vaccination milestone helps rebuild PH pork supply

Agriculture 0
The Department of Agriculture (DA) has vaccinated nearly 500,000 pigs against the African  Swine  Fever (ASF), marking a major milestone in the seven‑year push to rebuild the country’s hog sector and stabilize local pork supply for consumers.

Fuel prices set for another drop this week; relief for motorists, businesses 

Energy & Mining 0
Fuel prices are poised for another round of cuts this week, according to a local fuel retailer, marking continued downward adjustments that will ease fuel‑related costs for motorists, households, and businesses nationwide.

APECO, Canadian firm explore renewable power for industrial zone

Trade & Investments 0
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is courting Canadian renewable energy developer JCM Power to explore solar and wind projects that could help attract manufacturers, industrial locators and data centers to Casiguran, Aurora.

ASEAN chip roadmap aims to capture bigger share of AI boom

Communications & Technology 0
The Philippines and its ASEAN neighbors are seeking a bigger stake in the global artificial intelligence boom by coordinating semiconductor investments and strengthening regional supply chains, Finance Secretary Frederick Go said, as the bloc moves to capture more value from surging chip demand.

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