Tag: Meralco

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San Miguel completes Meralco deal with Landbank after 17 years

San Miguel Corp. (SMC), one of the Philippines’ largest conglomerates, announced that its power unit, San Miguel Global Power Holdings Corp., has finally acquired a long-contested 3.9 percent stake in Manila Electric Co. (Meralco), nearly two decades after first attempting the deal.

MGreen early listing plans counts SPNEC as backdoor option

MGen Renewable Energy Inc. (MGreen),  the green energy arm of Meralco PowerGen Corp. (MGen), is exploring the possibility of a public listing, with key advisors recently retained to guide the process, its listed affiliate, SP New Energy Corp. (SPNEC) told the Philippine Stock Exchange. 

Meralco reduces power rates for June bill

Manila Electric Co., the country’s largest power distributor better known as Meralco, announced on Wednesday a reduction in electricity rates, lowering charges by P0.1076 per kiloWatt-hourin June, the second rate reduction in as many months.

DHL, MSpectrum partner for solar training center

MSpectrum, Inc., the solar energy arm of Meralco, has completed a 120-kilowatt peak (kWp) rooftop solar project for DHL Supply Chain, powering the logistics...

Meralco cuts May rates amid power supply stability

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. 

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12+ geothermal projects up for ₱10-B de-risking fund

The Department of Energy (DOE) has confirmed more than 12 proposed geothermal projects are set to benefit from the Philippine Geothermal Resource De-Risking Facility (PGRDF), a ₱10.07-billion program designed to clear key barriers to renewable energy investment.

Visayas hotel boom draws global brands

The Visayas is emerging as the Philippines’ busiest hotel...

DMCI develops socialized housing to meet gov’t mandate 

DMCI Project Developers Inc., the real estate arm of Consunji-led DMCI Holdings Inc., is rolling out its first socialized housing project to comply with national regulations requiring real estate developers to provide affordable homes for the public.

BIR Commissioner Mendoza pushes fair, simple, predictable and partnership-driven tax administration at inaugural ECCP Tax Forum

Bureau of Internal Revenue (BIR) Commissioner Charlito Martin R. Mendoza outlined the Bureau’s direction toward a tax administration that is fair, simple, predictable, and partnership-driven as he presented four commitments—Predictability, Simplicity, Fairness, and Partnership—supported by the BIR DARES reform and legacy agenda at the European Chamber of Commerce of the Philippines (ECCP) Tax Forum 2026 on August 13, 2026.

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