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DOE in awe of UK OSWs turning in profits on generation charge three times lower than Meralco’s, yet remaining viable

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It is possible for domestic offshore wind projects (OSWs) to turn a profit and remain viable as a business by seeking significantly lower generation...

Catholic Church keeps lion share of Filipino religious even as share shrinks

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Is the Catholic Church gradually losing its grip among Filipinos?

In office space absorption, occupancy matters more than yield over next three years

Property Context.ph Context.ph -
Property consultant KMC Savills Inc. on Wednesday said even if there is a commendable rebound in office net absorption last year, there will remain...

DOF, NEDA, DBM welcome RCEP ratification

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The Department of Finance (DOF), the National Economic and Development Authority (NEDA), and the Department of Budget and Management (DBM) all welcomed the ratification...

RCEP ‘must be ratified’—Balisacan

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The Philippines has no other option but ratify the Regional Comprehensive Economic Partnership (RCEP) agreement, with officials saying a non-ratification of the treaty would...
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ERC approves provisional FIT-All rate hike to P0.3359 Per kWh

Energy & Mining 0
The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Meralco backs ERC-ordered P9.5B consumer refund program

Energy & Mining 0
Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

PCCI says power bill relief must lead to deeper energy reforms

Energy & Mining 0
The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.

Fuel prices expected to drop after five serial weeks of increases 

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Motorists may finally see relief at the pump as local fuel prices are projected to decrease this week, marking the first rollback following five straight weeks of price hikes.

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