After more than two decades of deregulation in the power sector and countless collusion allegations at the spot market, it is finally coming to the senses of industry regulators to step up ‘police powers’ against anti-competitive behavior that could distort market dynamics in the private...
Senator Ramon “Bong” Revilla, Jr. on Sunday, February 18, urged the Department of Agriculture (DA) to guarantee there is continuous support for the country’s farmers as experts warn of a massive drought in the next few weeks. Sen. Ramon "Bong" Revilla, Jr. meeting with farm leaders in...
Which is faster on the draw than Cupid’s arrow that can steal the ‘thrill of romance’ on Valentine’s Day? Electricity consumption! Wait, what?! Alright, so you’ve already spent for your dreamy dates, chocolates and roses. Well, watch out next for your electric bills – it could flutter...
Albay 2nd district Rep. Joey Salceda answering questions during a press briefing. (Dexter Barro II, MANILA BULLETIN) The Philippine stock market will feel the immediate impact of an improved economy if the proposed amendments to the “restrictive”...
Roughly 8.0 million customers of Manila Electric Company (Meralco) will live through financial torment when they receive their February bills, as the overall rate of the country’s biggest power utility will rise by P0.5738 per kWh. On account of that, Meralco announced that the all-inclusive...
The household budgets of customers served by power utility giant Manila Electric Company (Meralco) will be stretched thin this February, because the all-inclusive electricity rate to be passed on by the giant utility firm is anticipated to increase in this billing cycle. According to Meralco Vice...
SAN FERNANDO CITY, La Union -- Stall owners affected by the fire that razed the public wet market in this city on January 11 have received P10-million cash aid from the Department of Social Welfare and Development (DSWD). P7.5 million came from the DSWD Field Unit 1 while P2.5...
There had been downtrend in overall electricity tariffs for traded capacities in the Wholesale Electricity Spot Market (WESM), and that had been attributed partly by the Energy Regulatory Commission (ERC) to the entry of new capacities from the renewable energy (RE) sector. “It appears that the...
PAGBILAO, Quezon – The newly renovated public market here was inaugurated on Saturday, January 27. MAYOR Gigi Portes (fifth from right) leads the inauguration of the newly renovated public market in Pagbilao, Quezon on Saturday, January 27. (Danny Estacio) Four tractors were distributed to...
The commercial operations of the ancillary services (AS) market will guarantee the full procurement of power reserves needed by system operator National Grid Corporation of the Philippines (NGCP) in efficiently running the country’s electricity system. After more than a decade of planning, policy...
SAN FERNANDO CITY, La Union – The provincial government has provided assistance to more than 1,150 registered stall owners affected by the fire that razed a public wet market in Barangay Ilocanos Sur here this week. VENDORS affected by the fire that razed a public market in San Fernando City, La...
SAN FERNANDO CITY, La Union – A fire razed the public wet market in Barangay Ilocanos Sur here on Thursday, January 11. SMOKE rises from the wet market in San Fernando City, La Union destroyed in a fire on Thursday, January 11. (City government of San Fernando, La Union FB) Fire Chief Insp. Jun...
