Retail electricity supplier Rockport Power Inc. is expanding its operations through new partnerships with major distribution utilities and electric cooperatives to help commercial and industrial consumers manage their power costs. In a statement, Rockport Power said the company has secured...
BATAC CITY – The city government of Batac is reviving its "Dayo," a traditional livestock auction market where local farmers, buyers, and traders gather to trade cattle and carabaos, with the first session set for June 21 at the new Bagsakan area near the public market. In the olden times, these...
Electricity consumers are set to break away from traditional utility monopolies next week, as regulators lower the threshold for market contestability to let households and small businesses choose their own power suppliers. Starting June 26, the Energy Regulatory Commission (ERC) will reduce the...
After a slight pullback last month, customers should brace for higher electricity prices in June following an upward adjustment in generation charges, according to Manila Electric Co. (Meralco). Meralco said on Thursday, June 11, that it is increasing electricity rates by ₱0.1488 per...
Wholesale electricity spot market prices could hit new highs in the coming weeks as grid alerts in Visayas and earthquake-induced plant outages in Mindanao squeeze power supply, according to the Independent Electricity Market Operator of the Philippines Inc. (IEMOP). During a press briefing on...
The Philippines recorded the lowest demand for digital skills among six Asia-Pacific economies studied by the Manila-based Asian Development Bank (ADB), although employers’ requirements for digital competencies have been rising steadily as technology spreads across a broader range of occupations....
In 1913, at a roulette table in the Monte Carlo Casino, the ball lands on black five times in a row. Sensing opportunity, a couple of players lean in and place small bets on red, thinking the streak had gone on long enough, and that the next spin will probably be red. The ball continues landing on...
Complaints involving eight alleged “ghost” farm-to-market road (FMR) pro jects in Davao Occidental worth around P94 million were filed by the Department of Agriculture (DA) before the Office of the Ombudsman on Thursday, May 21, against Department of Public Works and Highways (DPWH) officials...
The Metro Manila residential sector showed early signs of recovery in the first quarter of 2026 as condominium preselling activity sharply rebounded and unsold inventory was absorbed at a faster pace, according to property consultancy Colliers Philippines. In its latest Metro Manila residential...
From the first quarter report of Leechiu Property Consultants Inc. (LCPI), the Philippine property market showed genuine signs of recovery. However, the industry remains vulnerable to the challenges brought by the increasing uncertainties and unfavorable financing conditions stemming from the...
The Energy Regulatory Commission (ERC) lifted the suspension of the Wholesale Electricity Spot Market (WESM) across the Luzon, Visayas, and Mindanao grids, restoring normal trading operations effective Friday, May 1. In a statement, the ERC explained that this WESM resumption marks a return to...
With Filipino consumers already reeling from punishing summer power bills, it’s time to confront an uncomfortable truth: the ₱0.0371/kWh GEA-All charge surreptitiously embedded in electricity rates is not anchored on solid statutory footing under Republic Act 9136 (EPIRA) or the Renewable...
