Tag: Meralco

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Meralco, Aboitiz deepen US nuclear push

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

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

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

After two months of lower power bills, Meralco customers are seeing a reversal in February as electricity rates climb on higher grid-related charges.

Big power groups jostle for Meralco’s 200MW RE

Major power generation groups are emerging as key contenders in Manila Electric Co.’s (Meralco) Competitive Selection Process (CSP) for its 200-megawatt renewable energy (RE) baseload supply, highlighting how established energy players are positioning themselves for long-term clean power contracts.

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SSS, RCBC team up to widen digital microloans

The Social Security System (SSS) and Rizal Commercial Banking Corp. have signed a memorandum of understanding to expand digital access to short-term credit, rolling out the pension fund’s LoanLite facility through RCBC’s mobile platform.

Luzon Grid under yellow alert due to power plant outages

The Luzon power grid was placed under a yellow alert from 4 p.m. to 10 p.m. on Thursday, April 16, due to several power plants going offline.

Jollibee wins Korea nod for Shabu All Day

Jollibee Foods Corp., the Philippines’ largest fast-food chain, said it has secured regulatory approval in South Korea for its planned acquisition of All Day Fresh Co., Ltd., the company behind the “Shabu All Day” hot pot chain, marking a key step in expanding its presence in one of Asia’s most competitive dining markets.

PAL expands US network with new non-stop service to Chicago

Philippine Airlines (PAL) will launch a new nonstop flight between Manila and Chicago starting November 9, expanding its network in the United States. Chicago becomes PAL’s eighth U.S. and U.S. territory destination, alongside Honolulu, Los Angeles, San Francisco, Seattle, New York, Guam, and Saipan.

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