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‘Problematic power generation doubled electricity cost’

From P6 to P7 per kilowatt-hour, the cost of electricity has doubled to P11 per kwh due to problematic power generation, according to Sen. Sherwin Gatchalian......»»

Category: newsSource:  philstarRelated NewsApr 28th, 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

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

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

ERC urged to defer power rate hikes

It would be best for the Energy Regulatory Commission to withhold the requests of power distributors and generating firms to collect higher electricity bills while the industry is on yellow alert due to high power demand this summer, a member of the House of Representatives said......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Alerts raised on Visayas, Luzon grids due to power woes

MANILA, Philippines — The Visayas grid was placed on yellow alert while the Luzon grid on red alert by the National Grid Corp. of the Philippines (NGCP) on Tuesday, April 16. This was after 42 power plants either stopped supplying electricity or reduced their output. When power supply is insufficient to meet consumer demand then.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Farmers, fishers demand immediate relief for El Niño impacts

“NFA should release the rice from warehouses and distribute it to farmers and fishermen who lost their income due to El Niño instead of making a profit and selling to private traders. Many are already complaining of hunger and loss, so the distribution of aid and compensation should be stepped up." The post Farmers, fishers demand immediate relief for El Niño impacts appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 5th, 2024

Demand for PCs softens last year

Issues on government procurement and a decline in corporate demand led to fewer orders for personal computers last year, a global IT market intelligence firm said......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Demand high for production workers

Demand high for production workers.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

Urbanization fuels high demand for furniture

Urbanization fuels high demand for furniture.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

OFWs drive demand for real property

OFWs drive demand for real property.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

High demand to feed growth in broiler output

Local broiler production could grow by at least two percent to as much as 1.943 million metric tons this year on the back of growing demand as chicken meat remains an affordable commodity for Filipino households......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

T-bill rates ease as demand swells

Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Global oil demand to grow by 1.9 million bpd in 2024

LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Egg retail prices drop due to low demand

Egg traders are reeling from the decreasing farmgate and retail prices as well as from low demand for the poultry product, according to Gregorio San Diego, chairman of the United Broiler Raisers’ Association......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

New Car District showroom opens to address demand for local and imported cars

In response to the rising demand for premium brand-new and pre-owned cars, Car District opens its showroom along M.L. Quezon Street, Casuntingan, Mandaue City, Cebu, curating a collection of foreign and local car brands for its discerning clientele. The ceremonial ribbon-cutting for the opening of the new Car District showroom was led by Jonas Dy.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

Youth, labor groups demand release of 6 activists arrested on Labor Day

“Peaceful and justified,” these are the words of Azrael de Guzman, one of the six arrested youth activists during the May 1 protest, in an open letter to the public, calling for their immediate release. The post Youth, labor groups demand release of 6 activists arrested on Labor Day appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 3rd, 2024

Cebu Daily Newscast: P25 fare increase: Jeepney drivers to demand this hike if…

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, May 2, 2024. P25 fare increase: Jeepney drivers to demand this hike if… Ordinary passengers who rely on commuting daily will face a much greater burden on their wallets, as jeepney drivers will.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024