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Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

DOH warns health workers vs gifts from pharma firms

The DOH on Monday issued a memorandum on upholding ethical standards following reports of pharmaceutical firms offering privileges to medical professionals and using multi-level marketing tactics to promote prescriptions. .....»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

Citicore Renewables officially moves IPO to next quarter

Citicore Renewable Energy Corp. gave notice to the exchange that it “decided to adjust the indicative date of the Offer from March 2024 to the 2nd quarter of 2024.”.....»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Earth Hour electricity savings reached 132.11 megawatts – DOE

Electricity savings from last Saturday’s Earth Hour increased by 110.73 percent to 132.11 megawatts from last year’s savings of 62.69 MW, according to the Department of Energy......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

GT Capital diversifying into healthcare, renewables

Conglomerate GT Capital Holdings Inc. is exploring opportunities to diversify into new business segments, but the company said any investment outside of its current business portfolio would still take time to materialize......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Residential electricity rate up by P0.13 for March – April billing

Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers

At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

UP, PhilSA to help identify areas without electricity

The University of the Philippines will use satellites built by engineers and scientists of the UP Electrical and Electronics Engineering Institute to help the National Electrification Administration (NEA) identify areas in the country that remain without electricity......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Is Philippine electricity really Asia’s costliest?

Filipinos have always thought their electricity to be Asia’s costliest. But comparison shows that’s untrue......»»

Category: newsSource:  philstarRelated NewsJan 16th, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Residential electricity rates up by P0.19/kWh for Jan-Feb billing.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

ACEN secures certification for WESM trading standards

ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System –  the first  among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Military personnel banned from using TikTok

Military personnel are banned from using TikTok amid concerns over its possible use for espionage by China......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

CDC, Landbank offer online payment option for Clark firms

CDC, Landbank offer online payment option for Clark firms.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

State firms get higher subsidies

The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

IT-BPM firms deemed best places to work in Philippines

Firms engaged in information technology and business process management topped this year’s list of the best places to work in the country......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Korean firms to help curb Northern Samar floods

Korean firms to help curb Northern Samar floods.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

2 logistics firms expand in Balamban

2 logistics firms expand in Balamban.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Sandigan affirms dismissal of forfeiture vs 3 coco levy firms

The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

3 nabbed for using FL’s name in extortion scheme

Three persons are facing criminal charges following their arrest in Pasay City for allegedly using the name of First Lady Liza Marcos in extorting P5 million from a businessman......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024