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Philippine electric cooperative reforms face critical review

The Philippine Competition Commission (PCC), in coordination with the National Electrification Administration (NEA), is calling for a careful reassessment of proposed reforms to the ownership structure of electric cooperatives (ECs), as legislative franchises near expiration over the next five years.

Community recycling drive in Palawan sets new record for GSMI program

Communities in Palawan collected more than 70,000 used bottles in six months through Ginebra San Miguel Inc.’s (GSMI) BOTEful Philippines program, marking the highest collection since the initiative started in 2017.

Salmon Bank names new leaders amid rapid growth

Salmon Bank has appointed new senior leaders as it pushes ahead with expansion after more than doubling its loan portfolio and assets in 2025.

 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.

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