Tag: Meralco

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Kayana takes control of Bayad in P2.7B deal 

Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), are selling their stakes in payment services provider CIS Bayad Center Inc. (Bayad) to Kayana Solutions Inc. for P2.7 billion, tightening Kayana’s control over the business.

Meralco builds talent pipeline via BTCI partnership 

For an industry built on keeping the lights on, Manila Electric Co. (Meralco) is also thinking several years ahead.

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Meralco urges smarter grids as energy system evolves

Manila Electric Co. (Meralco) is pushing for electricity distribution to be treated as strategic national infrastructure as rooftop solar, battery storage, and electric vehicles reshape how power is produced, delivered, and consumed.

Movem, Filinvest Malls expand EV charging network

Movem Electric Inc. (Movem), the wholly owned electric mobility solutions provider of Manila Electric Co. (Meralco), has partnered with Filinvest Malls to expand electric vehicle (EV) charging infrastructure at Festival Mall in Muntinlupa City.

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ASEAN signs digital pact targeting $2T economy by 2030

ASEAN trade ministers have signed a landmark Digital Economy Framework Agreement (DEFA), establishing common rules for online commerce, digital payments and cross-border data flows in a bid to double Southeast Asia’s digital economy to USD2 trillion by 2030.

Philippines, Canada conclude FTA talks, target 2027 signing

The Philippines and Canada have concluded negotiations for a bilateral free trade agreement (FTA), setting the stage for expanded market access, greater investment flows and new opportunities for exporters, service providers and small businesses.

ADB: ASEAN needs USD7.1T for infrastructure, bankable projects lag

Southeast Asia needs an estimated USD7.1 trillion in infrastructure investment through 2040, but a shortage of commercially viable projects is preventing governments from mobilizing enough private capital to meet the region’s growing needs, Asian Development Bank (ADB) President Masato Kanda said Saturday.

A week of unfortunate events: Ay, naku!

If the past week's tea leaves had a message, it was this: ay, naku. The economy served up a one-two punch of sluggish growth and runaway prices, then appeared to ask whether we wanted seconds. Monday brought third-quarter GDP growth of 2.1 percent, down from 2.4 percent in the previous quarter and below the 2.8 percent consensus forecast. That marked five consecutive quarters of slowing growth and the weakest performance since the pandemic. October inflation, meanwhile, averaged 7.8 percent. Some wanted the monetary authorities to wield a bigger stick through a jumbo rate hike. Tame prices without choking an already parched economy? Sige, good luck. With stocks around 5,600 and the peso near P64 to the dollar, even sharply cheaper gasoline felt less like salvation than a promo expiring next week.

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