Tag: Meralco

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Meralco lines up massive spending for future projects

Energy & Mining Context.ph Context.ph -
Power giant Manila Electric Co. is revving up for a historic spending cycle, lining up P272.2 billion in capital expenditures to modernize its grid, harden infrastructure, and keep pace with the country’s swelling power demand.

Meralco, Aboitiz deepen US nuclear push

Energy & Mining Context.ph Context.ph -
Energy heavyweights Manila Electric Co. (Meralco) and Aboitiz Power Corp. (AboitizPower) have joined senior US and Philippine officials in accelerating civilian nuclear cooperation, marking a decisive step in Manila’s bid to integrate nuclear energy into its power mix by 2032.

Silicon Valley sparks Meralco grid push

Energy & Mining Context.ph Context.ph -
Manuel V. Pangilinan-led Manila Electric Company (Meralco) went technology shopping in the US, and came home with more than just ideas.

ERC expands lifeline discounts for low-income power users

Energy & Mining Context.ph Context.ph -
Low-income electricity consumers are set to get bigger relief on their power bills after regulators approved a new, uniform national lifeline subsidy.

Meralco rates tick up as grid costs bite

Energy & Mining Context.ph Context.ph -
After two months of lower power bills, Meralco customers are seeing a reversal in February as electricity rates climb on higher grid-related charges.
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Part-time, tech jobs surge as demand holds

Economy 0
Job demand in the Philippines has remained broadly stable over the past year, even as part-time work and specialized technology roles gain ground, according to Jobstreet by SEEK.

Ayala Land cuts spending as profits drop

Corporate 0
Ayala Land Inc. said it will reduce its capital spending this year to P50 billion, down by more than a third from its earlier plan of P70 billion to P80 billion, as earnings declined.

RRHI profit drops 35% in Q1 on higher costs

Corporate 0
Robinsons Retail Holdings Inc. (RRHI) reported a 35 percent drop in net income for the first quarter, falling to ₱489 million from ₱759.78 million a year earlier, mainly due to higher interest expenses linked to its reacquisition of shares from DFI Group.

Fuel prices seen rising again next week

Energy & Mining 0
A local fuel retailer said gasoline and diesel prices iare likely to increase again next week due to ongoing tensions between the United States and Iran.

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