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 Philippine Ports Authority (PPA) is inviting Filipinos to explore local tourist spots using the country’s modernized ports and budget‑friendly inter‑island sea travel for the November 14‑18 extended holiday tied to the 49th ASEAN Summit.
GMA Network Inc. reported a 98‑percent drop in its January‑September net income, as the end of election‑driven advertising revenue, inflation, and economic uncertainty dragged down its core broadcast business.
A weaker peso, more expensive imported natural gas, and rising electricity demand pushed up Meralco’s power procurement costs, prompting a P0.4895 per kilowatt-hour (kWh) increase in electricity rates for November.
For a vehicle buyer, the relationship with a carmaker does not end when the keys are handed over. If anything, the real test begins when the first maintenance bill arrives or something needs fixing.