Tag: Meralco

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 Meralco lowers May power rates slightly

The Manila Electric Co. (Meralco) announced a modest decrease of P0.0151 per kWh in electricity rates for May, bringing the typical household rate to P14.3345 per kWh, down from P14.3496 in April.

Meralco expands solar initiatives across facilities nationwide

Manila Electric Co. (Meralco) has reaffirmed its commitment to sustainability, highlighting ongoing solar rooftop installations across its facilities as part of a broader energy efficiency and environmental strategy.

Meralco sells controlling stake in Bayad Center

Manila Electric Co., the country’s largest power distributor by sales, and its unit, Corporate Information Solutions Inc., have agreed to sell their combined stake in CIS Bayad Center Inc. to Kayana Solutions Inc., which currently holds a 10 percent stake in the outsourced electronics payments service provider.

Laiya residents seek Meralco help to bolster growth

Residents of Laiya, a popular tourist draw in San Juan, a town at the edge of Batangas province, are calling on BATELEC II to allow Manila Electric Co. to assist in providing reliable electricity service to unlock the seaside community’s full economic potential.

Power giant Meralco braces for oil shock

Manila Electric Co. chairman Manuel V. Pangilinan said the country’s largest power distributor is reviewing its fuel mix as tensions in the Middle East threaten to push electricity costs higher.

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Unilab, Ayala, Metrobank lead Philippine firms in TIME employer ranking

United Laboratories, Ayala Corp. and Metropolitan Bank & Trust Co. emerged as the highest-ranked Philippine employers in TIME’s Asia-Pacific’s Best Employers 2027 list, with all three making the regional top 50 in a ranking of 500 companies.

DA says 8 flawed FMR projects were executive budget entries

The Department of Agriculture (DA) is scrambling to correct coordinate errors in eight farm-to-market road (FMR) projects that could cost them funding, while insisting the disputed entries were part of the executive branch’s original 2027 budget proposal and not congressional insertions.

DOF advances regional insurance plan to protect public infrastructure

The Philippines is pursuing a regional insurance mechanism that would build multi-year disaster coverage into infrastructure projects financed by development partners, potentially reducing the government’s exposure to mounting reconstruction costs after typhoons, floods and other calamities.

Skyro taps credit network to improve borrower risk assessments

Fintech lender Skyro is strengthening its credit evaluation capabilities through access to a wider pool of borrower information, as it expands beyond purchase financing into broader consumer financial services.

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