TOKYO — Asian shares mostly slipped Thursday, Jan. 2, as the region’s main stock market in Tokyo stayed closed for the New Year’s holidays. Investors remained cautious amid worries about what President Donald Trump might mean for policy changes, while the political uncertainty in South Korea...
BACOLOD CITY – The Bago Public Market in Barangay Maquiling, Sagay City, Negros Occidental officially opened on Wednesday, Dec. 18, after a two-year rehabilitation. THE NEW Bago Public Market in Barangay Maquiling, Sagay City, Negros Occidental was unveiled on Wednesday, Dec. 18. (Photo courtesy...
The Independent Electricity Market Operator of the Philippines (IEMOP) expressed optimism about the country's power situation in 2025, stating that the chances of power outages are low. In a briefing on Tuesday, Dec. 17, Isidro Cacho Jr., IEMOP head of trading operations, said that power strains...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported a minimal increase in Wholesale Electricity Spot Market (WESM) prices in November. IEMOP data showed a two percent decrease in both average supply and demand. Supply dropped from 19,897 megawatts (MW) to 19,492 MW,...
The Independent Electricity Market Operator of the Philippines (IEMOP) is preparing for the launch of the renewable energy (RE) market, aiming to start commercial operations by next month. In a briefing on Thursday, Nov. 7, Arjon Valencia, IEMOP corporate planning and communications manager,...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported an increase in the average electricity prices in October due to a slight hike in demand. During a media briefing on Tuesday, Nov. 5, the IEMOP noted that last month saw a significant increase in the Wholesale...
The stock market ended firmer on Monday, Oct. 7, as investor optimism was fueled by the significant slowdown in the country’s inflation rate last month. The bellwether index rose by 1.16 percent or 86.76 points to close at 7,554.68 while the broader All Shares grew 1.02 percent or 41.32 points to...
A whopping scale of capital mobilization that will reach as much as $500 billion (roughly P27.5 trillion) will have to be concretized so the country’s energy systems will be substantially decarbonized, according to the Department of Energy. As cited by the energy department, “the Philippines is...
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Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing Japan as additional export market for beefed up coal output from its Semirara mine in Antique province. SMPC President and Chief Operating Officer Maria Cristina C. Gotianun told reporters that the company had already done trial...
Growth in the country's bond market slowed in the second quarter of the year owing to reduced issuance from both corporate and government sectors, amid potential interest rate cut by the Bangko Sentral ng Pilipinas (BSP). Based on the Asian Development Bank’s (ADB) Asia Bond Monitor (ABM) report,...
The Securities and Exchange Commission (SEC) has ordered Farm to Market (F2M) Agri-Farm OPC and its related entities to stop soliciting investments from the public since it does not have the necessary approvals from the Commission. In its cease and desist order dated August 20, 2024, the Commission...
