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ERC suspending WESM during grid red alert | Lenie Lectura and Samuel P. Medenilla - Vimarsana News

ERC suspending WESM during grid red alert | Lenie Lectura and Samuel P. Medenilla

THE Energy Regulatory Commission (ERC) has moved to protect consumers from the spike in power rates by suspending the operations of the Wholesale Electricity Spot Market (WESM) in Luzon and Visayas whenever the red alert notice is issued by the system operator. President Ferdinand R. Marcos Jr. promptly hailed the…

Submit financial reports on time, FDA orders pharmas, other stakeholders - Vimarsana News

Submit financial reports on time, FDA orders pharmas, other stakeholders

The Food and Drug Administration (FDA) has reminded its stakeholders to submit their financial reports through the agency’s Online Disclosure Reporting System (ODRS), covering the year 2023. FDA’s reminder came following the alleged multi-level marketing scheme involving a pharmaceutical firm and some doctors. “Pursuant to Section 35 (b) of Republic…

PhilRice: RTL raised rice yield - Vimarsana News

PhilRice: RTL raised rice yield

The Philippine Rice Research Institute (PhilRice), a government corporate entity attached to the Department of Agriculture (DA), claimed that the Rice Tariffication Law (RTL) improved rice yield and reduced production costs five years after its enactment. In a paper it presented during a hearing at the House of Representatives last…

BAP willing to sell stake in trading market owner - Vimarsana News

BAP willing to sell stake in trading market owner

The Bankers Association of the Philippines (BAP) considers selling its stake in Philippine Dealing System Corp. (PDS) under the right conditions. This move could reshape the fixed-income trading market. Stay updated as discussions unfold. #BAP #PDS #MarketNews #Finance

Red alert stops spot market - Vimarsana News

Red alert stops spot market

PBBM order blocks bill spikes