ERC says thin competition, not collusion, drove GEA-3 bids
The Energy Regulatory Commission (ERC) rejected allegations that developers colluded during the third round of the Green Energy Auction (GEA-3), saying bids…
· 3 min read
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The Energy Regulatory Commission (ERC) rejected allegations that developers colluded during the third round of the Green Energy Auction (GEA-3), saying bids…
· 3 min read

It’s 100 percent skin. And at the same time, it comes from an animal that went extinct 67 million years ago.
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The BIR ruling removes the risk of unnecessary costs being baked into electricity bills by clarifying that the collections are merely passing through…
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Electricity consumers have been spared the irony of being taxed on charges meant to help them.
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The nearly P9.30/kWh rate reflects the high cost of developing and operating pioneer Waste-To-Energy facilities, including specialized combustion equipment,…
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The Soviets seized the Imperial Romanov collection after the 1917 Russian Revolution.
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The budget posted a surplus of P31.4 billion in April, helping narrow the fiscal shortfall for the year until April despite higher government spending during…
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Saudi Aramco raised $25.6 billion on the Riyadh stock exchange in December 2019.
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January to March revenues reached P1.14 billion, with electricity sales contributing 85 percent of the total, while EBITDA jumped 53 percent to P593 million…
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According to the ERC, the move is expected to reduce electricity rates by about P0.03 per kilowatt-hour, translating to roughly P6 in monthly savings for…
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The Bureau of Customs (BoC) has sold a 2023 Rolls Royce Phantom for P25 million, one of the 12 luxury cars auctioned off by the agency. It was bought by…
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The Department of Energy (DoE) is betting big on Mindanao as it lines up a sweeping expansion of renewable energy projects in its next auction cycle, with…
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PARIS, France (AFP) — An art-loving engineer from Paris was the lucky winner of an original Picasso painting worth over a million euros at a charity raffle in…
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Three luxury vehicles linked to controversial contractors Pacifico “Curlee” Discaya and Cezarah Rowena “Sarah” Discaya were sold at a Bureau of Customs (BoC)…
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At auctions like Liveauctioneers.com, up for bidding alongside artworks and jewelry are eyeglasses and eyewear cases and accessories — even nose pieces.
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The Manila Electric Co. (Meralco) and its power generation arm, Meralco PowerGen Corp. (MGen), are keeping a close eye on the upcoming Semirara Mining and…
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In essence, Angeles’ and Samonte’s works seek growth not merely in resolution, but also in presence.
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Globe is set to raise up to P25 billion through the sale of 12.5 million non-voting preferred shares at P2,000 apiece.
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