Tag: ERC

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Dupinga Hydro Plant cleared for commercial operations

Energy & Mining Context.ph Context.ph -
Dupinga Mini Hydro Corp. (DMHC) has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission for its 5-megawatt Dupinga Run-of-River (ROR) Power Plant, paving the way for the facility’s commercial operations.

Meralco says ERC rejects NASECORE bid to stall rate reset

Energy & Mining Context.ph Context.ph -
Manila Electric Co. (Meralco) said its pending rate reset application before the Energy Regulatory Commission (ERC) will move forward after regulators denied a bid by consumer advocacy group National Association of Electricity Consumers for Reforms Inc. (NASECORE) to stall the proceedings.

 Meralco lowers May power rates slightly

Energy & Mining Context.ph Context.ph -
The Manila Electric Co. (Meralco) announced a modest decrease of P0.0151 per kWh in electricity rates for May, bringing the typical household rate to P14.3345 per kWh, down from P14.3496 in April.

Maharlika consortium rolls out P2.1B microgrids nationwide 

Trade & Investments Context.ph Context.ph -
A private consortium is ramping up rural electrification with a P2.1-billion investment to deploy one of the Philippines’ largest portfolios of off-grid microgrids, targeting underserved island communities.

ERC expands lifeline discounts for low-income power users

Energy & Mining Context.ph Context.ph -
Low-income electricity consumers are set to get bigger relief on their power bills after regulators approved a new, uniform national lifeline subsidy.
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San Miguel Food and Beverage net income drops 4% amid tighter consumer spending

Corporate 0
San Miguel Food and Beverage Inc. (SMFB) reported Wednesday that its net income fell 4 percent to P22.1 billion in the first half of the year, down from P22.96 billion in the same period last year. The decline came as higher commodity prices, slower economic growth, and global supply chain issues reduced consumer spending and hurt some export markets.

AI could add $50.7B to PH economy by 2030

Communications & Technology 0
Artificial intelligence is projected to unlock US$50.7 billion in economic value for Philippine businesses by 2030, driving growth and competitiveness. While most firms have started using AI, 65 percent remain stuck in pilot stages due to gaps in infrastructure, system integration, and skilled talent.

Smart rolls out Apple Pay for load and bill payments starting Aug. 4

Communications & Technology 0
Smart Communications has launched Apple Pay for its subscribers, offering a fast, secure way to buy load and settle bills beginning August 4.

PCCI calls AI hub Philippines’ chance to reshape economy

Communications & Technology 0
The Philippine Chamber of Commerce and Industry (PCCI) has endorsed the proposed Pax Silica AI hub, calling it a "once-in-a-lifetime" opportunity for the country to secure a foothold in one of the world's fastest-growing industries and move up the global technology value chain.

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