Meralco rate down in September on lower generation costs
The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.
New water system unveiled in Basilan
The Manila Water Foundation, Metrobank Foundation, Zuellig Family Foundation, and local government partners launched a new water system in Barangay Bohelebung, Tipo-Tipo, Basilan.
VITRO Inc. reports record growth in colocation business
VITRO Inc., the data center division of the PLDT Group and a wholly-owned subsidiary of ePLDT, has posted a 36 percent year-on-year revenue increase in its colocation business for the first half of the year.
MPCALA partners to complete CALAX construction
MPCALA Holdings Inc., the concessionaire of the Cavite-Laguna Expressway (CALAX), has signed an agreement with EEI Corporation and CM Pancho Construction, Inc. (CMPCI) to complete the remaining construction works of CALAX.
FDI remains a vital capital source despite slower inflows
Foreign direct investments (FDI) continue to provide critical supplementary capital that the Philippines cannot generate domestically, despite a slowdown in inflows, according to the Bangko Sentral ng Pilipinas (BSP).
