The Manila Electric Co. (Meralco) has revised its power sales forecast this year to only 4.6 percent, signaling a weaker performance versus the previous year. The revised projection comes following an exceptional spike in demand due to the effects of El Niño in 2024, which is unlikely to repeat this year.
The Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) provisional authority to implement a refund scheme amounting to P19.95 billion, covering an over-recovery of rates from 1 July 2022, to 31 December 2024. The scheme will be executed over 36 months, with refunds starting in the next billing cycle.
Meralco PowerGen Corp. renewable energy arm, MGEN Renewable Energy Inc. (MGreen), has successfully launched a 52.8-megawatt (MW) MGreen Cordon Solar power plant in Cordon, Isabela. This marks MGreen as one of the largest operational solar plants in the Cagayan Valley region under the Department of Energy's (DOE) second Green Energy Auction program.
The Manila Electric Co. (Meralco) has renewed its emergency power supply agreement (EPSA) with Aboitiz Power’s GNPower Dinginin Ltd. for the supply of 300...
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.
At Expo 2025 in Osaka, Japan, the Philippine Pavilion offers more than just visual storytelling — it serves up a flavorful immersion into Filipino culture through Hain, a contemporary take-out concept by renowned Filipino restaurant Via Mare.
Bank lending by universal and commercial banks (U/KBs) continued to grow in July, albeit at a slightly slower pace, with year-on-year expansion at 11.8 percent, down from 12.1 percent in June, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
The government is opening the operations and maintenance (O&M) of the 147-kilometer North-South Commuter Railway (NSCR) System to international and local partners, marking a key shift in transport infrastructure policy toward greater private sector involvement.
President Ferdinand Marcos Jr. led the official launch in this town today of his flagship food program, “Benteng Bigas, Meron Na!”, an initiative that makes the P20-per-kilo rice available to thousands of qualified beneficiaries. This flagship initiative of President Marcos carried out by the Department of Agriculture is a key step toward delivering affordable food to every Filipino household.