Following last month’s decline, the overall rate of power distributor Manila Electric Co. (Meralco) is likely to be higher in ...

Electricity rates in the country’s Wholesale Electricity Spot Market dropped in January, thanks to the cooler weather that led to lower demand.

The Philippines’ inflation settled at 2.9 percent in January 2025, within the government’s target range of 2 percent to 4 ...

The average systemwide electricity price at the Wholesale Electricity Spot Market (WESM) fell 14.3 percent to P2.96 per kilowatt hour (kWh) in January from P3.45 per kWh in December 2024. Based on the ...

MIC president Rafael Consing Jr. said that its investment in NGCP could help in the government's aim of lowering power prices ...

MANILA, Philippines – The Maharlika Investment Fund’s (MIF) maiden investment in the country’s power grid will help lower power prices, the Department of Energy (DOE) said Tuesday, January 28.

MANILA, Feb. 5 (Xinhua) -- The Philippines' annual inflation rate remained at 2.9 percent in January, the same annual growth rate recorded in December 2024, the Philippine Statistics Authority (PSA) ...