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.
Manulife Investments Philippines sees opportunities for investors to lock in elevated yields while preparing portfolios for an eventual shift in the country’s monetary cycle, favoring income, diversification, and flexibility over aggressive bets on an imminent rate cut.
SM Prime Holdings Inc. is expanding three malls in Iloilo, Batangas, and Naga, adding about 70,000 square meters of gross floor area to its regional retail portfolio in the fourth quarter of 2026.
Ferronoux Holdings Inc. shareholders have approved a P1.52-billion property-for-share swap with Eagle I Landholdings Inc., giving the latter a majority stake in the listed investment holding company as Ferronoux expands into real estate.
The Anti-Red Tape Authority is moving to help clear regulatory bottlenecks for the proposed Pax Silica Innovation Ecosystem in New Clark City, while insisting that faster government approvals will not mean weaker legal, environmental, or social safeguards.