Tag: Meralco

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Meralco lines up massive spending for future projects

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.

Meralco, Aboitiz deepen US nuclear push

Energy heavyweights Manila Electric Co. (Meralco) and Aboitiz Power Corp. (AboitizPower) have joined senior US and Philippine officials in accelerating civilian nuclear cooperation, marking a decisive step in Manila’s bid to integrate nuclear energy into its power mix by 2032.

Silicon Valley sparks Meralco grid push

Manuel V. Pangilinan-led Manila Electric Company (Meralco) went technology shopping in the US, and came home with more than just ideas.

ERC expands lifeline discounts for low-income power users

Low-income electricity consumers are set to get bigger relief on their power bills after regulators approved a new, uniform national lifeline subsidy.

Meralco rates tick up as grid costs bite

After two months of lower power bills, Meralco customers are seeing a reversal in February as electricity rates climb on higher grid-related charges.

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Metrobank reports ₱12.6B profit in Q1 2026

Metropolitan Bank & Trust Co. (Metrobank) posted a net income of ₱12.6 billion in the first quarter of 2026, supported by steady asset growth, improved margins, and higher fee-based income.

Inflation hits 3-year high on oil shocks, policy tightening eyed

Philippine inflation surged to a three-year high in April, exceeding expectations and strengthening the case for further monetary tightening, according to data released by the Philippine Statistics Authority.

TESDA, Nestlé expand coffee training for farmers 

The Technical Education and Skills Development Authority (TESDA) and Nestlé Philippines are ramping up a joint initiative to upskill Filipino coffee farmers, aiming to boost productivity, enhance bean quality, and create more sustainable livelihoods in rural communities.

Agricultural trade deficit widens in March to $1.17B

The Philippines’ agricultural trade deficit widened sharply in March as import growth continued to outpace exports, highlighting persistent supply constraints despite rising overall trade, according to the Philippine Statistics Authority.

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