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.....»»
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......»»
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......»»
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......»»
Is Philippine electricity really Asia’s costliest?
Filipinos have always thought their electricity to be Asia’s costliest. But comparison shows that’s untrue......»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
RLC kicks off 2024 residential launches with Cubao condo
Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City......»»
RLC kicks off 2024 residential launches with Cubao condo
Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City......»»
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»
Trealva residential community in Midlands West breaks ground
Midlands West, the newest residential district in Tagaytay Highlands, has broken ground for its first community which integrates eco-centric living in a luxury mountain resort environment......»»
Lapu-Lapu City to build 5 residential buildings in Pusok
Lapu-Lapu City to build 5 residential buildings in Pusok.....»»
Bello’s cyber libel trial set on Feb. 26
DAVAO CITY (MindaNews / 22 February)—The trial of defeated vice presidential candidate Walden Bello for the two counts of cyber libel charges has been scheduled for Feb. 26 at the Regional Trial Court Branch 10 in Davao City. The hearing was originally set for Feb. 1 but it was postponed following the work and classes […].....»»
Inflation halts 4-month decline
Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»
Davao electricity rates rise due to El Niño
RESIDENTIAL consumers of Davao Light and Power Co., Inc. (Davao Light) will see a slight increase of P1.6254 per kilowatt hour (kWh) in the overall power rate for the period of May 11 to June 10, 2024, bringing it to 10.7608 per kWh from last April's P9.1354 per kWh......»»
Higher power rates in Baguio, Benguet this month
Electricity bills in this city and Benguet will increase this month......»»
Meralco power rates slightly up anew in March
This would be the electricity concessionaire’s third consecutive power rate uptick this year. .....»»
Power rates to rise in February — Meralco
With the latest power rate hike, P115 will be the increase in the total electricity bill of a customer consuming 200 kilowatt-hour......»»
Pagasa: Mostly cloudy to cloudy skies in Metro Cebu until Feb. 1
CEBU CITY, Philippines — The northeast monsoon, locally known as Amihan, continues to affect the country, according to the state weather bureau stationed in Mactan. Based on Pagasa-Mactan’s weather specialist on Sunday, Jan. 28, Metro Cebu will experience mostly cloudy to cloudy weather conditions in the next five days or until Thursday, Feb. 1. “Ang.....»»
Philippines Feb. 6 landslide death toll rises to 37, search continues
MANILA, Feb. 11 (Xinhua) -- The death toll from a landslide in the southern Philippines has risen to 37, the government said Sunday, as rescue workers comb mud and rubble in search for the over 60 missing people. The landslide hit the mountain town of Maco in Davao de Oro province on the evening of Feb. 6, burying several homes, vehicles and dozens of people. Previous reports said 35 people were found dea.....»»
Philippines Feb. 6 landslide death toll rises to 37, search continues
MANILA, Feb. 11 (Xinhua) -- The death toll from a landslide in the southern Philippines has risen to 37, the government said Sunday, as rescue workers comb mud and rubble in search for the over 60 missing people. The landslide hit the mountain town of Maco in Davao de Oro province on the evening of Feb. 6, burying several homes, vehicles and dozens of people. Previous reports said 35 people were found dea.....»»