The public can look forward to cheaper prices for rice, pork, chicken and vegetables in Metro Manila and other urban centers very soon. Expect also the elimination of middlemen and cartels which manipulate the supply and price of rice and other agricultural products. We all clamor for additional and sustainable power supply as low reserves continue. Recently, Meralco secured a 1,700-megawatt power supply agreement through a public bidding called the “competitive selection process (CSP).”Initially, Phinma Energy Corp., San Miguel Energy Corp. and South Premiere Power Corp. (SPPC) offered the lowest rates beginning December. Two days after, First Gen Hydro Power, Phinma Energy and SPPC were awarded contracts to supply midmerit capacity.
Source: Philippine Daily Inquirer September 30, 2019 20:03 UTC