The Philippine Electricity Market Corp. is awaiting advice from the Department of Energy on the final Visayas launch date of the Wholesale Electricity Spot Market, where suppliers and buyers can trade electricity as a commodity.

We have achieved technical readiness, we await advice from the DOE, said Mario Pangilinan, PEMC executive vice president, in a statement.

The Philippine Electricity Market board, the governing body of the WESM, already certified on Feb. 22 the technical readiness of the electricity bourse to begin commercial operations in the Visayas.

Saudi company needs drivers

Saudi Ready Mix Co. Limited of Alkhobar One is in need of 150 heavy-duty drivers, the Bacolod City Public Employment Services Office said.

Company representatives are accepting applications at the PESO Office, City Health Compound, until today.

Benefits offered to potential hirees are free-trade test and medical examination, basic salary (tax free) plus free food and accommodation, open overtime and performance bonus. 

2 firms link up for online games

MANILA – Philippine broadcaster GMA has formed a joint venture with an information technology company to offer Internet on-line games, officials of both companies announced yesterday.

The 50-50 joint venture between GMA, the country's second largest broadcaster and Intellectual Property Ventures Group is called I-Play and will have capitalization of P800 million ($19.8 million).

I-Play will offer Internet games mainly to Filipinos and will make money from advertising on the games and from sales of the products on the Internet gaming portal, I-Play chief executive officer Enrique Gonzalez said.

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