Despite an earlier projection of a rate hike, several cost-offsetting measures ultimately pulled down the electricity tariff of Manila Electric Company (Meralco) by a marginal P0.2087 per kilowatt hour (kWh) for the August billing cycle. As noted by Meralco Vice President Lawrence S. Fernandez,...
The country’s agriculture output shrank in the second-quarter, but the contraction moved at a much slower pace compared with the previous year, the Philippine Statistics Authority (PSA) said. The PSA reported on Monday, Aug. 8, that the value of production of the local farm sector, which accounts...
The number of unemployed Filipinos inched up in June as job seekers joining the labor force increased, but the unemployment rate was steady at 6 percent, data from the Philippine Statistics Authority (PSA) showed on Monday, Aug. 8. Based on the June 2022 round of PSA’s Labor Force Survey, there...
Leviste-led Solar Philippines Batangas Baseload Corporation (SPBBC) offered power utility giant Manila Electric Company (Meralco) 200 megawatt (MW) baseload capacity or round-the-clock electricity supply for 20 years. The SPBBC offer was granted an “original proponent status" and will be...
Power utility giant Manila Electric Company (Meralco) is lining up series of competitive supply selection processes (CSPs) for 1,400-megawatt capacity requirement in the immediate to medium-term. According to Atty Jose Ronald Valles, first vice president and head of regulatory at Meralco, after the...
Growth in consumer prices soared further in July to 6.4 percent from 6.1 percent in June, bringing year to date inflation to 4.7 percent, as supply limitations in the domestic market squeezed food costs, the Philippine Statistics Authority (PSA) reported Friday, Aug. 5. Headline inflation, which...
The Philippines is sending four teams to compete in the Asian Junior Tenpin Bowling Championships scheduled on Aug. 14 to 20 in Bangkok, Thailand. Boys Team 1 is composed of Singapore-based bowlers Stephen Luke Diwa and Zach Ramin, as well as Justin Dinham and Kurt Anthony Capellan, while Team 2...
Tan-led Asia Brewery Inc. (ABI) has inked a power supply agreement (PSA) with Shell Energy Philippines, which requires the latter to supply at least 15 megawatts of renewable energy-generated electricity to the diversified beverage company. In a statement, ABI noted that its shift to green energy...
Bowling legend Bong Coo said she would concentrate on strengthening programs for women following her appointment as one of the board members of the Philippine Sports Commission (PSC). Screen grab from PSA Forum livestream “Advocacy ko na noon pa ang sports for all among women, to have more women...
Ahunan Power Inc., a subsidiary of Razon-led Prime Infrastructure Capital Inc., has proposed a power supply agreement (PSA) with the Manila Electric Company (Meralco) to deliver 500 megawatts of mid-merit power capacity from a pumped storage hydropower facility. In a statement to the media, Ahunan...
Ernie Gawilan The Philippine team is optimistic of its chances when it competes in the 11 th ASEAN Para Games set July 30 to Aug. 6 in Solo, Indonesia. “Mga gutom at uhaw kami, kaya lalo na kaming naging excited to bring home the honors,” said athletics coach Joel Deriada in Tuesday’s...
Factory output grew at a much faster pace in May due to strong production of machinery and equipment, the Philippine Statistics Authority (PSA) reported Thursday, July 7. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA said the country's volume of production index (VoPI)...
