A South Cotabato regional trial court has dismissed a petition seeking to overturn the South Cotabato Electric Cooperative II (SOCOTECO II) board's rejection of Manila Electric Co.'s proposed joint venture, ruling that the dispute falls under the jurisdiction of the National Electrification Administration (NEA).
The Manila Electric Co. (Meralco), the country’s largest power distributor by sales, has emerged as the leading distribution utility in advancing consumer choice after the Energy Regulatory Commission (ERC) recognized it for having the largest number of participants in customer choice programs across Luzon.
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.
Manila Electric Co. (Meralco) has reaffirmed its commitment to sustainability, highlighting ongoing solar rooftop installations across its facilities as part of a broader energy efficiency and environmental strategy.
EastWest has rolled out its comprehensive "Banking Made Safer" initiative, a robust set of upgraded security and fraud prevention measures designed to safeguard customer accounts and savings while maintaining the ease and accessibility of digital banking.
Philippine companies swimming in unprecedented amounts of data should focus less on collecting more information and more on ensuring its reliability, depth, and context, business leaders said at a panel discussion organized by CIBI Information Inc.
BPI Wealth, the asset and wealth management division of the Bank of the Philippine Islands, has selected BlackRock’s Aladdin investment and wealth management platforms to modernize its operational ecosystem and future-proof its asset management infrastructure. This strategic technology adoption marks a major operational shift for the institution, unifying risk analytics, portfolio management, and daily workflows into a single institutional-grade system.
Consumer finance company Skyro is expanding support for Philippine small businesses beyond financing, offering merchant tools, account management, and marketing assistance as micro, small, and medium enterprises (MSMEs) contend with credit constraints and pressure on consumer spending.