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Tuesday, 02 December 2025, 12:01 pm

    Tag: Meralco

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    Meralco cuts May rates amid power supply stability

    Energy Context.ph Context.ph -
    Manila Electric Co., the country’s largest power distributor by sales, announced on Tuesday a significant reduction in electricity rates for May, lowering the overall rate to P2.2628 per kiloWatt-hour from P13.0127 in April. 

    Meralco Q1 income up 9% to P10.45B

    Corporate Context.ph Context.ph -
    Manila Electric Co. (Meralco), the country's largest power distribution company, posted a 9 percent increase in net income for the first quarter, reaching P10.45 billion, driven by a rise in electricity sales between January and March.

    New Meralco franchise to start June 2028

    Context Dispatch Context.ph Context.ph -
    Manila Electric Co., the country’s largest power distributor, said its new 25-year franchise will commence upon the expiration of its current license on June 28, 2028. Better known as Meralco, the company said Republic Act 12146 that grants it a new franchise will take effect 15 days from its publication of at least two newspapers of general circulation. President Ferdinand Marcos Jr. signed the law on April 11.

    Meralco rejects DOE claim vs its delayed power supply deal

    Energy Context.ph Context.ph -
    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”

    President Marcos extends Meralco franchise through 2050

    Energy Context.ph Context.ph -
    President Ferdinand Marcos Jr. has signed into law a measure extending the franchise of Manila Electric Co. (Meralco), the country’s largest power distributor by sales and footprint, for another 25 years through 2050, Malacañan announced Tuesday.
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    Top Line primes expansion with preferred shares pivot

    Corporate 0
    Top Line Business Development Corp. (TOP) is gearing up for a major capital push after shareholders approved the reclassification of 800 million unissued common shares into preferred shares and authorized the board to undertake fundraising initiatives ranging from private placements to follow-on offerings and debt issuances. The approval was granted by stockholders during their special meeting held Tuesday, Decemmber 2.

    Global trade shifts toward reliability – WTCA

    Markets 0
    A global push for “resilience-first” supply chains is reshaping trade and investment, according to speakers at the 2025 World Trade Centers Association (WTCA) member forum.

    Andersons Group tightens grip with P861.8M AGI share sweep

    Corporate 0
    Alliance Global Group Inc. (AGI), the listed investment holding firm of tycoon Andrew Tan, said that affiliate California Orchard Growers Investment Inc. has sold its entire block of 120 million AGI shares to The Andersons Group Inc., the company’s principal shareholder.

    Cebu Pacific promotes insider as new treasurer

    Corporate Bulletins 0
    Cebu Air Inc., the Gokongwei Group’s listed airline operator behind the Cebu Pacific brand, has named long-time executive Pamela Rae Chua as its new treasurer effective December 1. She succeeds Elynore Villanueva, who has retired from the post.

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    DTI resets expectations, redraws export path

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    The Department of Trade and Industry is set to unveil sharply reduced export targets for 2025—and for the remaining years of the Philippine Export Development Plan (PEDP) 2023–2028—at a December 4 launch expected to formally reset the country’s export trajectory.
    Corporate

    Top Line primes expansion with preferred shares pivot

    0
    Top Line Business Development Corp. (TOP) is gearing up for a major capital push after shareholders approved the reclassification of 800 million unissued common shares into preferred shares and authorized the board to undertake fundraising initiatives ranging from private placements to follow-on offerings and debt issuances. The approval was granted by stockholders during their special meeting held Tuesday, Decemmber 2.
    Markets

    Global trade shifts toward reliability – WTCA

    0
    A global push for “resilience-first” supply chains is reshaping trade and investment, according to speakers at the 2025 World Trade Centers Association (WTCA) member forum.
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