Tag: Meralco

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 Meralco lowers May power rates slightly

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.

Meralco expands solar initiatives across facilities nationwide

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.

Meralco sells controlling stake in Bayad Center

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.

Laiya residents seek Meralco help to bolster growth

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.

Power giant Meralco braces for oil shock

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.

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AI reshapes Metro Manila office leasing as firms pause

Metro Manila's office market entered a wait-and-see phase in the first half of 2026 as companies delayed leasing decisions to reassess how artificial intelligence will reshape their workplace needs, although demand continued to favor premium office buildings in prime business districts.

Pax Silica project seen creating 500,000 digital jobs

The Department of Information and Communications Technology (DICT) says the proposed Pax Silica initiative could generate between 180,000 and 500,000 digital and digital-related jobs, as the Philippines emerges as a top choice for artificial intelligence and data center investments.

AEV first half net income 62% to P13.6 billion led by power segment

Aboitiz Equity Ventures Inc. reported a 62 percent jump in first-half net income to P13.6 billion from P8.38 billion a year earlier, driven mainly by a stronger power business. Second-quarter earnings alone grew 40 percent to P7.3 billion.

Globe’s Hapag Movement wins two international awards, exceeds hunger relief targets

Globe’s Hapag Movement, its nationwide drive to end involuntary hunger, has taken home two honors at the Marketing Interactive PR Asia Awards in Singapore.

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