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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PSE buys DBP stake in PDS, moves closer to unified capital market structure

Corporate 0
The Philippine Stock Exchange Inc. has entered an agreement with state‑run Development Bank of the Philippines to acquire the latter’s shareholding in Philippine Dealing System Holdings Corp.

Government raises corn import quota to ease feed costs, shield consumers from meat price hikes

Agriculture 0
The Department of Agriculture has confirmed an increase in corn minimum access volume or MAV to 500,000 metric tons, a policy adjustment meant to shore up supply, bring down livestock feed expenses, and prevent steeper meat price increases for Filipino consumers.

CAB approves higher fuel surcharges for passenger, cargo flights starting November 1

Transport & Logistics 0
Air travelers and shippers will face higher transport costs next month after the Civil Aeronautics Board (CAB) raised the fuel surcharge level for domestic and international flights amid climbing jet fuel prices.

Samal bridge revamp advances, promising faster travel, stronger trade

Construction 0
The proposed restructuring of the Samal Island-Davao City Connector Project has cleared a key government review, bringing the toll-free bridge closer to final approval as officials seek to improve mobility, commerce and access to essential services in the region.

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