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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NAIA gears up as 1.25M travelers expected for Undas rush

Transport & Logistics 0
The Ninoy Aquino International Airport (NAIA) is bracing for a major holiday rush, with up to 1.25 million air passengers expected to travel during the upcoming Undas observance.

Central bank bars five unregistered money changers to protect consumers 

Banking & Insurance 0
The Bangko Sentral ng Pilipinas has denied central bank registration to five entities found operating as money service businesses without prior authorization. Under strict regulatory measures, the Monetary Board declared the five establishments disqualified from registering or legally operating in the country.

ASEAN Summit 2026: flight adjustments & traffic delays expected – what you need to know 

Transport & Logistics 0
With the 49th ASEAN Summit set for November 16–18, 2026, the Civil Aeronautics Board (CAB) is advising the public and airlines to brace for possible flight schedule changes, airport adjustments, and heavier traffic around key areas.

BPI marks 175-year milestone with proposed ₱5-Billion sustainable bond issuance 

Banking & Insurance 0
The Bank of the Philippine Islands (BPI) is set to expand its sustainability efforts and mark a major milestone in its corporate history with a proposed ₱5-billion bond offering. Dubbed the BPI SIBOL Bonds, this issuance serves as the third tranche under the bank’s broader ₱200-billion bond and commercial paper program, with an option to increase the offer size based on demand.

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