Electricity rates for Manila Electric Co. customers will edge lower in August as a P9.5-billion regulatory refund offsets higher transmission, tax, and other pass-through charges.
Electricity bills are climbing again in July as higher fuel costs, tighter power supply and increased taxes combined to drive up power rates, underscoring the Philippines' continued exposure to global energy price swings and supply disruptions.
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.
Many aspiring business owners look far and wide for the next big concept, but some of the most promising opportunities lie right within familiar culture, traditions, and communities.
AirAsia MOVE (MOVE), the all-in-one travel booking platform, has secured official accreditation from the International Air Transport Association (IATA) in the Philippines — a milestone set to expand flight choices and streamline booking for Filipinos traveling home or abroad.
Motorists traveling between Pulilan, Bulacan and San Fernando, Pampanga on the North Luzon Expressway (NLEX) will not pay toll fees beginning September 2, as the government and NLEX Corporation move to ease severe traffic congestion caused by flooding at Tulaoc Bridge in San Simon, Pampanga.
Chinabank secured two honors at the 22nd Philippine Quill Awards, anchoring the SM Group’s total of 15 recognitions alongside BDO Unibank, BDO Life, SM Foundation and SM Supermalls. Its “CBC Investor Relations: Focused on Value” won in Financial Communication and Investor Relations, while “My CBC: An App Fit for Beauty Queens” took home the Marketing, Advertising and Brand Communication award.