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.
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.
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.
Alternergy Holdings Corp. said the Energy Regulatory Commission (ERC) has approved the application of Alternergy Tanay Wind Corp. (ATWC) to integrate its 128-megaWatt Tanay...
The Philippines' near-term growth outlook remains subdued, but easing inflation could offer policymakers more room to support the economy as global headwinds begin to soften.
Senate President Sherwin Gatchalian opened the 20th Congress with a legislative agenda aimed squarely at the issues weighing most heavily on Filipino households, signaling that the chamber intends to focus less on politics and more on the cost of living.
The Bank of the Philippine Islands (BPI) is hosting a special two-day event titled “Discover the Magic of Saving: BPI Jumpstart” at the Glorietta Activity Center on August 1 and 2, inviting families, young dreamers, and Disney fans to experience learning about savings in a fun, engaging way. Open primarily to children aged 7 to 12 and extended to those up to 17 years old, the event serves as the official showcase for BPI’s new Jumpstart savings account, which blends practical banking features, financial education, and interactive digital elements.
COREnergy, the retail electricity arm of Vivant Energy, has sealed a two-year power supply agreement with FDC Misamis Power Corp. for 20 megawatts of baseload power to serve contestable customers.