The Department of Public Works and Highways (DPWH) stated that the construction of a public market in Bayombong, Nueva Vizcaya has provided a huge support to small and independent businesses in the area. (Photo: DPWH) DPWH Region 2 Director Reynaldo C. Alconcel noted that the P15-million public...
The Philippine Electricity Market Corporation (PEMC) and Independent Electricity Market Corporation of the Philippines (IEMOP) said they have clearly "demarcated" the respective functions of each entity in the operation of the Renewable Energy Market (REM), which will serve as added layer of...
The Energy Regulatory Commission (ERC) has been discussing with the Independent Electricity Market Operator of the Philippines (IEMOP) the proposed measures for the pass-on of P22.64 billion worth of deferred charges which accumulated in 2013 following strained supply in the Luzon grid due to...
Independent Electricity Market Operator of the Philippines (IEMOP) won the tug-of-war as to which entity shall be finally authorized to operate the Renewable Energy Market (RE Market), a platform that will be used for the trading of RE certificates. According to IEMOP President Richard J....
For an investment instrument as volatile as stocks, is it still possible to predict how stock prices will move at a given time? Veteran market pundits say this is very much in play, stressing that there is science behind the controlled chaos that is the stock market. During the TradeTalks...
Customers of Manila Electric Company (Meralco) can temporarily heave a sigh of relief because their electric bills this month will have a reduction of P0.1180 per kilowatt hour (kWh). As announced by Meralco, the rate decline resulted in an all-inclusive tariff of P11.3168 per kWh to be reflected...
BACOLOD CITY – Property totaling P7 million was lost in a fire that hit a public market in Barangay Cabacungan, La Castellana, Negros Occidental on Monday, April 10. FIREMEN conduct mopping-up operation after the fire that razed 18 stalls in a public market in Barangay Cabacungan, La Castellana,...
The summer heat will somehow be eased, as customers of Manila Electric Company (Meralco) are expected to enjoy reduction in their electric bills this month. There was preliminary expectation of a rate hike, but in the final computation, there were factors that ended up pulling down the overall cost...
The Energy Regulatory Commission (ERC) has admitted weakness in investigating anti-competitive behavior, especially for company participants that are trading their generated capacities in the Wholesale Electricity Spot Market (WESM). Given this difficulty in its market policing power, ERC...
Now open at 33 malls nationwide, from 7AM to 2PM, the SM Sunday Market has begun to offer fresh produce and fruits in season, flowers and plants grown by local farmers. The SM Sunday Market is a joint initiative of SM Supermalls, SM Cares, and the SM Foundation Inc. (SMFI) which spotlights its...
BAGUIO CITY – The city government launched free Wi-Fi at the public market here on Sunday, March 26. Mayor Benjamin Magalong led the switch-on ceremony. MAYOR Benjamin Magalong leads the launching of the free Wi-Fi at the Baguio City Public Market on Sunday, March 26. (JJ Landingin) Magalong said...
A spike in the secondary price cap for the Wholesale Electricity Spot Market (WESM) to the tune of P10,000 to P15,000 per megawatt hour (MWh) - or equivalent P10-P15 per kilowatt hour) - has been proposed by the generation companies (GenCos) to the Energy Regulatory Commission (ERC), according to...
