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    Tag: Meralco

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    Meralco power rates lower in Feb

    Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge. 

    PRC cites Meralco personnel, practices in full compliance of law

    The Manila Electric Company (Meralco) has earned the distinction as the only distribution utility in the country cited by the Professional Regulation Commission (PRC) as fully compliant with the law on electrical engineering.

    Philippine companies populate Bloomberg Gender-Equality Index

    Conglomerate DMCI Holdings Inc. and its unit Semirara Mining and Power Corp., plus two other listed firms form part of the 2023 Bloomberg Gender-Equality Index (GEI) for the third year in a series. 

    300 MW Meralco, AboitizPower EPSA ends

    The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.

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    FPIP, locators join Brigada Eskwela in Tanauan

    Volunteers from Lopez-led First Philippine Industrial Park (FPIP) joined the annual Brigada Eskwela pre-school opening activities of the Department of Education (DepEd) in Tanauan, Batangas, to show their support for the city hosting the world-class industrial park.

    BOP swings into $3B deficit in Q1 amid trade woes

    The Philippines posted a balance of payments (BOP) deficit of US$3 billion in the first three months this year, a reversal from the US$238 million surplus posted during the same period in 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP). The deterioration underscores mounting external pressures on the economy, with significant implications for macroeconomic stability and international investor sentiment.

    Cold storage for rice seeds now in key provinces

    The Department of Agriculture (DA) has expressed its gratitude to the South Korean government for its sustained support—channeled through Official Development Assistance (ODA) Korea—toward the Philippines’ efforts to modernize its rice sector, a key pillar of President Ferdinand Marcos Jr. 's broader food security agenda.

    Stocks slide as Israel-Iran conflict reignites

    Wall Street wrapped up the week on a sour note as renewed tensions between Israel and Iran rattled global markets on Friday. 

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