The local stock market inchd up despite losses in the US caused by Trump’s increasing attempts to influence the US Federal Reserve. The main index added 7.59 points or 0.12 percent to close at 6,145.59 as Miners led the advance, with only Banks retreating. Volume was thin at 593 million shares...
The hot summer season is indeed approaching as the Independent Electricity Market Operator of the Philippines (IEMOP) reported a spike in wholesale electricity spot market (WESM) prices in March. IEMOP data on Thursday, April 3, revealed that the average WESM price last month stood at ₱5.34 per...
Megawide Construction Corp.’s (Megawide) engineering, procurement, and construction (EPC) unit will commence with the construction of the ₱1-billion Block-2 of the ongoing Carbon Market redevelopment. The scope of work under the design and build contract for the Block-2 vertical structure...
The Sandiganbayan has affirmed the conviction of former Maguindanao governor Datu Sajid Islam Ampatuan for graft and malversation of public funds on the P393 million construction and rehabilitation of farm-to-market roads (FMRs) in 2009. Ampatuan, who is currently the vice mayor of Shariff Saydona...
Senatorial candidate Bam Aquino promised market vendors in Bataan that if he wins in the coming May 2025 midterm polls, he will serve as their “voice” in the upper chamber to push for laws and policies that will protect their rights and address their grievances. Senatorial candidate Bam Aquino...
The relentless march of artificial intelligence (AI) continues to reshape the digital landscape, showing no signs of slowing. From everyday assistance to automated content creation, workers are understandably anxious about the integration of AI tools and their potential impact on the future...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported a decline in Wholesale Electricity Spot Market (WESM) prices in February due to increased supply in the system. Data from IEMOP showed that the average system price declined by 7.8 percent to ₱2.73 per kilowatt-hour...
The Independent Electricity Market Operator of the Philippines (IEMOP) expects an increase in Renewable Energy Certificate (REC) issuance, driven by the ongoing Green Energy Auction Program (GEAP). Chris Warren C. Manalo, assistant manager of IEMOP’s market simulation and analysis division,...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported a substantial drop in electricity prices for January, driven by lower demand and increased supply. In a statement released on Tuesday, February 4, IEMOP said that the average electricity price in the Wholesale...
CEBU CITY – The provincial government of Bohol on Thursday, Jan. 23, broke ground on the 12-kilometer farm-to-market road linking two towns in the province. AUMENTADO (FB) Considered as the largest project in the history of the Philippine Rural Development Project (PRDP), the project links...
Baguio City has always served as the go-to vacation spot for most of us to cool down and escape the tropical heat, earning it the title as the Summer Capital of the Philippines. Temperatures in the beloved destination can go as low as 15°C during the cool season. It’s also home to a...
The Securities and Exchange Commission (SEC) announced the revocation of the corporate registration of Farm to Market (F2M) Agri-Farm OPC for soliciting investments from the public without the necessary license. In an order, the SEC Enforcement and Investor Protection Department (EIPD) revoked F2M...
