Home2025February (Page 113)

ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) declined in January due to a higher average system margin, according to the Independent Electricity Market Operator of the Philippines (IEMOP).Preliminary data from IEMOP showed that the WESM price system-wide dropped by 14.3% to P2.96 per

PRYCE CORP. reported a 30.34% increase in net income for 2024, primarily driven by improved margins in its liquefied petroleum gas (LPG) products, with notable growth in the Luzon market.The company’s net income stood at P3.07 billion, up from P2.36 billion in 2023, it said

DANCE MEETS DESIGN as Jor-el Espina collaborates with Ballet Philippines for its Filipiniana-themed season-ender, Ang Panaginip (The Dream).Mr. Espina is making the costumes for the ballet, which were shown in a short luncheon fashion show cum preview on Jan. 28 in Solaire. Ang Panaginip is

DIGIPLUS.COM.PHDIGIPLUS Interactive Corp. is exploring the possibility of teaming up with a local partner in Brazil to support the company’s expansion.“We’re always exploring possibilities. It’s better to have a local partner,” DigiPlus Chairman Eusebio H. Tanco said at a recent media briefing.“It is not so