Thursday, 20 November 2025, 10:24 am

    Tag: Wholesale Electricity Spot Market

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    Meralco power rates lower in Feb

    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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    Megawide powers forward with oversubscribed listing

    Megawide Construction Corp. charged into year-end with fresh momentum as it successfully listed P3.0 billion worth of Series 7 Preferred Shares on November 19, an offer that ended 2.3 times oversubscribed.

    AI boom sends Nvidia shares higher

    Nvidia shares ticked up Tuesday after the world’s leading accelerated-computing powerhouse posted record third-quarter revenue of USD57.0 billion, a 22 percent jump from the previous quarter and a 62 percent surge from a year earlier, extending a scorching run fueled by relentless global demand for artificial-intelligence infrastructure.

    Visayas placed under Yellow Alert due multiple plant outages

    The National Grid Corporation of the Philippines (NGCP) placed the Visayas grid under a yellow alert on Wednesday, November 19, from 3 p.m. to 8 p.m., following the unavailability of several power plants.

    PH external buffers strengthen as peso faces persistent challenges

    The Philippines posted a US$706-million balance of payments (BOP) surplus in October, signaling an improvement in external accounts and helping lift the gross international reserves (GIR) to US$110.2 billion.

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