Tag: Manila Electric

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Meralco cuts September power rates as costs shift

Manila Electric Co. (Meralco) said electricity rates will decline for the second straight month, giving households some relief even as higher fuel costs and a weaker peso push up generation expenses.

When floodwaters rose, Meralco brought relief

The floodwaters came fast, swallowing roads, closing small businesses, and turning familiar streets into stretches of murky water.

Meralco works to restore power as floods hit

About 98,000 Meralco customers remained without electricity as of 10 a.m. Sunday as the enhanced southwest monsoon triggered flooding and damaged power facilities in several areas.

Meralco backs EPIRA overhaul, warns on system loss

Manila Electric Co. (Meralco) has backed President Ferdinand R. Marcos Jr.'s call to amend the Electric Power Industry Reform Act (EPIRA), but cautioned that scrapping system loss charges will require reforms that protect both consumers and the long-term stability of the country's power grid.

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Vietjet launches first direct Clark–Ho Chi Minh City flights, boosting PH–Vietnam business and tourism links

Vietjet has officially started direct flights between Clark and Ho Chi Minh City, marking the first nonstop air route connecting the two destinations and strengthening ties between the Philippines and Vietnam.

PAL launches forst non-stop Manila–Chicago flights

The Philippine Airlines (PAL) officially launched its first nonstop flights between Manila and Chicago today, marking a key expansion of the carrier's network in North America.

Ayala’s 200-year legacy rests on trust, renewal and leadership

Ayala Corp.’s preparations for its 200th anniversary are putting renewed focus on leadership succession, institutional values and the ability to adapt, as chairman Jaime Augusto Zobel de Ayala and his son Jaime Alfonso shared how the country’s oldest conglomerate prepares the next generation to carry its legacy forward.

SM Investments net income up 9% to ₱70 billion in first nine months of 2026

SM Investments Corporation posted a 9 percent rise in consolidated net income to ₱70.2 billion for the first nine months of 2026, from ₱64.4 billion in the same period last year. Consolidated revenues also grew 5 percent to ₱506.8 billion.

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