The deferred pass-on of generation charges that was ordered by regulators could reflexively inflate electricity rates to be reflected in the bills this month, hence, the customers of Manila Electric Company (Meralco) are being prompted to brace for highly probable hike in rates that they shall be...
The Marcos administration’s inter-agency committee on inflation said that the importation of refined sugar must arrive in the country before October this year to help bridge the local production gap. At its meeting on Friday, June 28, the Inter-Agency Committee on Inflation and Market Outlook...
This image provided by ONE PARK×ONE TOWN shows an artist rendering of a waterfront stadium and skyscrapers planned to be built at the site of the former Tsukiji fish market in Tokyo. (ONE PARK×ONE TOWN via AP) TOKYO (AP) — The site of Tokyo's famed Tsukiji fish market, left empty after it was...
BACOLOD CITY – Mayor Albee Benitez said that he is open to reconsidering the renovation of the Burgos Public Market here if groups of vendors and consumers can prove that majority of them are in favor of the project. VENDORS of the Burgos Public Market in Bacolod City attend a dialogue with Mayor...
The Philippine Electricity Market Corporation (PEMC), which serves as the governance body of the Wholesale Electricity Spot Market (WESM), has elected its new set of board of directors and officers that will help oversee the operations of the country’s power spot market. The reconstituted board...
BACOLOD CITY – Mayor Albee Benitez has canceled the proposed P525-million renovation of the Burgos Public Market here after majority of vendors opposed the project due to livelihood concerns. BENITEZ (Glazyl Masculino) The city government has decided to use the budget to fund other projects that...
The Energy Regulatory Commission (ERC) has ordered all distribution utilities (DUs) in the Luzon and Visayas grids to delay charging consumers preliminary generation charges. In a statement, ERC said on Tuesday, June 10, that DUs should wait until the release of the final statement (FS) by the...
BACOLOD CITY – Mayor Albee Benitez said that some vendors have opposed the city government’s plan to renovate one of the three major public markets here. MAYOR Alfredo Benitez meets vendors on Saturday, May 25, to discuss the proposed renovation of the Burgos Public Market in Bacolod City....
The Energy Regulatory Commission (ERC) has directed the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon Region effective Monday afternoon, May 27, due to insufficient generation capacity in the grid. In a statement, ERC said the decision to suspend WESM operations followed...
ILOILO CITY – A newspaper editor here has raised concerns over threats made by Mayor Jerry Treñas of this city to file libel cases against journalists for reporting on the controversial demolition of Iloilo Central Market, a presumed important cultural property (ICP). MAYOR Jerry Treñas of...
ILOILO CITY – Skepticism looms over the approval of the city government of the demolition of the Iloilo Central Market, a presumed Important Cultural Property (ICP) under the National Heritage Act of 2009. THE Central Market in Iloilo City is an Important Cultural Property (ICP) that was...
The Energy Regulatory Commission (ERC) has primarily issued warning on system operator National Grid Corporation of the Philippines (NGCP) and market operator Independent Electricity Market Operator of the Philippines (IEMOP) that they could be meted with penalties if they will not strictly comply...
