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...
An increase of P0.0846 per kilowatt hour (kWh) in the January billing cycle of Manila Electric Company (Meralco) will bring slight squeeze in the pockets of its roughly 8.0 million customers in the initial month of this year. The power utility firm announced that its tariff will climb to P11.3430...
The higher availability and dispatch of generated capacities from power plants have been softening prices in the Wholesale Electricity Spot Market (WESM) – and if the trend will be sustained, that could redound as reduction in the January electric bills of consumers. According to the Independent...
The Energy Regulatory Commission (ERC) is scheduling public consultations on the proposed regulatory review and enforcement of rules that will directly impact consumers’ pockets as well the overall business viability of the power industry. The industry regulator apprised all relevant stakeholders...
CITY OF SAN FERNANDO, La Union – The Department of Public Works and Highways-La Union First District Engineering Office has completed two significant projects worth P58 million in this province. THE Baroro River flood mitigation project in Barangay Santa Rosa, San Juan, La Union. (Photo via...
The Christmas gift for the roughly 8.0 million customers of Manila Electric Company (Meralco) will be bundled up in their electric bills, as the overall tariff of the utility firm in its December billing cycle had been down by P0.7961 per kilowatt hour. On an all-inclusive basis, the electricity...
Last week, we were at the Marina Bay Sands attending Asia’s leading entertainment content market in Singapore—the Asia TV Forum and Market (ATF) where ABS CBN was given the Legacy Award at the 2023 Asian Academy Creative Awards. Asia TV Forum and Market We listened to the Korea...
President Marcos has called on all labor stakeholders to remain united in promoting the labor market's full recovery amid economic challenges. President Ferdinand 'Bongbong' Marcos Jr. (file photo) Marcos said this as the Department of Labor and Employment (DOLE) celebrated its 90th anniversary on...
BACOLOD CITY – A new Burgos Public Market will rise in this city in two years. City Engineer Loben Raphael Ceballos said that P525 million has been allocated from the city’s loan for the renovation of the 8,000-square meter Burgos Public Market into a two-story structure. The city government...
Investors and traders can expect mounting speculation of market conditions in 2024 as the local market attempts a rally heading into the last month of 2023. Online brokerage firm 2TradeAsia.com noted that "all eyes are now on drivers for 2024, and whether or not broader market forces will follow...
