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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BPI earns P48.9B as loans, fee income drive growth

Corporate 0
The Bank of the Philippine Islands (BPI) reported net income of P48.9 billion for the first nine months of 2026, supported by sustained loan expansion, stronger fee-based revenues and continued business activity, while higher operating costs and credit provisions tempered earnings.

ADB warns Philippine farms, infrastructure face rising coastal flood risks

Environment 0
The Philippines faces mounting risks to agricultural production, infrastructure and economic activity as coastal flooding intensifies, underscoring the need to integrate climate resilience into development planning and investment decisions, according to the Asian Development Bank’s (ADB) Asia–Pacific Climate Report 2026.

Vivant Foundation upgrades La Union schools, expands library

Social Responsibility & Sustainability 0
Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

JPMorganChase earns two awards for workplace inclusion

Corporate Bulletins 0
JPMorganChase has received two major distinctions at the 2026 Bahaghari Awards organized by Philippine Financial and Inter-Industry PRIDE (PFIP), highlighting its efforts to advance LGBTQ+ inclusion, employee engagement and workplace diversity in the Philippines.

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