Manila Electric Co., the country’s largest power distributor by sales, and its unit, Corporate Information Solutions Inc., have agreed to sell their combined stake in CIS Bayad Center Inc. to Kayana Solutions Inc., which currently holds a 10 percent stake in the outsourced electronics payments service provider.
Residents of Laiya, a popular tourist draw in San Juan, a town at the edge of Batangas province, are calling on BATELEC II to allow Manila Electric Co. to assist in providing reliable electricity service to unlock the seaside community’s full economic potential.
Manila Electric Co. chairman Manuel V. Pangilinan said the country’s largest power distributor is reviewing its fuel mix as tensions in the Middle East threaten to push electricity costs higher.
Movem, the e-mobility arm of Manila Electric Co. (Meralco), has teamed up with Rockwell Property Management Corp. to launch five electric vehicle (EV) charging stations at Edades Tower and Edades Suites in Rockwell Center.
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.
Manila Water has released its July desludging schedule, encouraging qualified customers to take part in this regular maintenance to keep septic systems safe and reliable. Desludging clears accumulated sludge from septic tanks to prevent blockages, foul odors, and overflows, while also helping households avoid costly repairs and supporting proper wastewater treatment and environmental protection.
Digital borrowing is becoming a regular part of household money management in the Philippines, with more Filipinos turning to mobile lending apps not just for emergencies but also to cover everyday expenses and short-term cash needs, according to a new industry study.
South Asialink Finance Corp. (SAFC) has named Maricel D. Dejongoy as its new President and Chief Executive Officer, betting on an experienced insider to lead the lender's next phase of growth and deepen its financial inclusion efforts.
The Philippine Economic Zone Authority (PEZA) has registered Hann Philippines Inc. as a Tourism Ecozone Domestic Market Enterprise, clearing the way for the continued development of its multibillion-peso Hann Reserve project in New Clark City.