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...
PacificLight Power Pte Ltd (PLP), a subsidiary of the Meralco PowerGen Corporation (MGen), has cornered a deal on the provision of 100 megawatts (MW) of ‘fast start’ generation capacity for the Singapore electricity market. The supply deal had been awarded by the Energy Market Authority (EMA),...
The Energy Regulatory Commission has partially lifted the enforced suspension on cost settlements at the reserve market, hence, allowing the generation companies (GenCos) to recoup P1.723 billion worth of deferred cost recoveries which accrued when they supplied the ancillary services requirements...
While most consumers expected radical spike in electricity rates, power utility giant Manila Electric Company (Meralco) had announced a rather moderate hike of P0.4621 per kilowatt hour (kWh) in its overall pass-on tariff that will be reflected in the bills of consumers this May. For residential...
Market! Market!, the beloved shopping destination in Bonifacio Global City (BGC) known for its affordable offerings, is poised for a major transformation. The Bases Conversion and Development Authority (BCDA) announced that the redevelopment of the shopping mall in Taguig City is underway as the...
Family budgets could be stretched a little further this week, as consumers will be greeted with relatively substantial reprieve on their drive to the petroleum stations – especially with the big-time rollback for gasoline prices. Based on the pricing adjustment advisories of the oil companies,...
