Tag: Cheaper Electricity

NLEX Corp. aims to finish building the 2-kilometer Section 1A of Segment 8.2, from Mindanao Avenue to Quirino Highway, by the third quarter of 2026. Built with partner China Road and Bridge Corp. at a cost of P2.2 billion, the elevated expressway will run over local roads and the Tullahan River, letting motorists bypass heavy traffic spots. Open 24/7 to all vehicles, it is expected to serve 11,000 cars daily and decongest roads in Novaliches.

Steel manufacturing giant SteelAsia Manufacturing Corp. has hired 106 repatriated overseas Filipino workers (OFWs) across its four mills as it ramps up plans to expand domestic steel production.

The National Government (NG) has demonstrated strong annual revenue collection of just under 14 percent, record-breaking efficiency and a pivot from "windfalls" to core tax sustainability in the past four years, according to Bureau of the Treasury (BTr) data.

Primelectric Holdings Inc. is banking on cheaper power supply deals and market efficiencies to deliver the lowest electricity rates in the Visayas amid volatile global fuel prices.