Households across Metro Manila and nearby provinces will face slightly higher electricity bills this month as the Manila Electric Co. (Meralco) raised its rates by P0.1520 per kilowatt-hour (kWh).
Manila Electric Co. (Meralco), the country’s largest private power distributor, has partnered with US-based Itron Inc. to accelerate its smart grid modernization program and support the Philippines’ digital and sustainable energy transition.
The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.
PLDT Inc., the country’s largest integrated telecommunications firm, has subscribed to 594 million additional shares in Kayana Solutions Inc. to maintain its 45 percent equity interest in the digital experience company formerly known as DigiCo.
San Miguel Corp., one of the country’s largest conglomerates, has completed a long-delayed transaction to acquire 1.03 million shares of Manila Electric Co. from the Land Bank of the Philippines.
State-run pension fund Social Security System (SSS) is set to roll out another round of pension increases and a new micro loan program after its reserve fund breached the P1-trillion mark for the first time in its 69-year history, the Department of Finance (DOF) announced Thursday.
The Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) and the International Tropical Fruits Network (TFNet) have signed a partnership to strengthen tropical fruit production in the region. The agreement, formalized through a memorandum of understanding (MOU) on February 12, aims to promote research, education, innovation, and capacity-building across Southeast Asia and other tropical fruit-producing areas.
The Globe Group is stepping up its push to make innovation a core part of its corporate strategy by directly linking startups with real business environments.