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.
VinFast Philippines is strengthening its foothold in the country’s growing electric vehicle (EV) market by expanding its dealership and after-sales network, betting that easier access to service, parts, and charging will help drive wider adoption.
The Philippine Deposit Insurance Corp. (PDIC) has been recognized by the Bankers Institute of the Philippines (BAIPHIL) as one of its most active member institutions, underscoring the deposit insurer’s support for professional development and a stronger Philippine banking industry.
Visa and USSC Money Services Inc. (UMSI) are taking digital payments deeper into the Philippine MSME market with a smartphone-based solution that lets small businesses accept card payments without buying a traditional point-of-sale terminal.