Tag: ERC

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Dupinga Hydro Plant cleared for commercial operations

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

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

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 

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

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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Bloomberry bets on digital growth as VIP demand softens

Bloomberry Resorts Corp. is leaning harder into digital gaming and cost discipline as weak demand from VIP and premium mass players keeps pressure on its traditional gaming business.

Rockwell Land profit surges 46% on property growth

Rockwell Land Corp. delivered a stronger first half in 2026 as robust residential sales and an expanding commercial business pushed revenue and profit sharply higher, while also allowing the property developer to raise its dividend to a record level.

Philippine growth lifts poor, but shocks threaten gains

Economic growth has lifted millions of Filipinos out of poverty over the past 15 years, but many remain close enough to the poverty line to be pushed back by the next serious flood, conflict, or economic shock.

JobStreet survey offers three fixes for pay unhappiness

Fair pay, it turns out, is not quite the same thing as happy pay. Filipino employees may believe they are being paid fairly, but a much smaller share say they are happy with their salaries, highlighting a growing challenge for employers trying to retain talent without simply throwing bigger raises at the problem.

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