Meralco power rates up P2.1496/kWh in July as power rates cost normalize
The Manila Electric Co. announced Monday a substantial increase in electricity rates for July, citing a rise in the generation charge after a brief period of artificially low rates.
T-bill yields up slightly at Monday’s auction; market awaits interest rate cues
Treasury bill yields inched up at the auction Monday as the market waits for clearer signal from the Bangko Sentral ng Pilipinas on monetary policy easing.
PLDT Group undeterred by continued LGU foot dragging on telco projects
The PLDT Group on Monday reaffirmed its commitment to support government initiatives in streamlining the permitting process for telecom infrastructure development across the country.
Air Asia taking full advantage of emerging travel trend dubbed ‘travel journey’
AirAsia Philippines reported a surge in bookings in the first seven months of 2024, fueled in part by the itinerant tendencies of tech-savvy Gen Z and Millennial travelers.
ERC eyes lowering RCOA threshold to 100 kWh in four years
The Energy Regulatory Commission (ERC) plans to lower the threshold of the retail competition and open access (RCOA) program to as low as 100 kilowatt hours (kWh) instead of 500 kWh as implemented at present.
