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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Subic EnerZone upgrading grid as Freeport demand rises

Energy & Mining 0
Subic EnerZone Corp., the AboitizPower-led electricity distributor at the Subic Bay Freeport Zone, is preparing network upgrades to accommodate rising power demand as the economic hub expands, following a 25-year extension of its partnership with the Subic Bay Metropolitan Authority (SBMA).

DA urges OFWs to explore agribusiness as extra or long-term income 

Agriculture 0
The Department of Agriculture encourages overseas Filipino workers (OFW) to look into agribusiness as a practical alternative source of income and sustainable livelihood for when they come back home to the Philippines.

Marcos vows to defend peso as oil-driven inflation pressures economy

Economy 0
President Ferdinand Marcos Jr. has vowed to use the government’s available foreign exchange reserves and policy tools to defend the peso against further depreciation, while acknowledging that surging oil prices and supply-side constraints continue to fuel inflation.

Palawan Group, RFC widen loan access via new partnerships

Finance 0
The Palawan Group of Companies (PGC) and Radiowealth Finance Company (RFC) are expanding their partnership to simplify loan disbursements and repayments, combining branch-based services with digital payments to reach more Filipino borrowers.

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