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    Tag: President Marcos

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    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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    Cooler climate tempers Meralco sales growth; commercial, residential demand hold steady

    Energy 0
    Meralco, the country's largest power distributor, projects marginal growth in power sales for 1H 2025, a slowdown attributed primarily to cooler summer weather conditions that reduced energy consumption, particularly in the residential segment. Despite this, the company maintains a degree of resilience, with slight upticks in retail trade and restaurant-driven demand, signaling continued post-pandemic consumer activity.

    PHI cuts power rates, delivers household savings in Visayas

    Energy 0
    Razon-led Primelectric Holdings Inc. (PHI) is accelerating infrastructure upgrades, system loss reduction initiatives, and smart market strategies across its three power distribution utilities to maintain competitive electricity rates and enhance service quality.

    Gas, diesel prices slashed as oil dips

    Top News 0
    Motorists can expect a significant relief at the pumps starting Tuesday, as fuel prices are set to drop further following a full week of global crude trading and a de-escalation of geopolitical tensions in the Middle East.

    Rice price drop in June may slow inflation; broader risks remain

    Agriculture 0
    Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).

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    Clark and Collier Named Captains for 2025 WNBA All-Star Game

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    Indiana Fever’s Caitlin Clark, the reigning Rookie of the Year and a 2024 All-WNBA First Team honoree, and Minnesota Lynx’s Napheesa Collier, the 2024 Defensive Player of the Year and MVP runner-up, have been named team captains for the 2025 WNBA All-Star Game. The selection comes following the conclusion of fan voting for this year’s event, which will take place on July 20 (Manila) at Gainbridge Fieldhouse in Indianapolis, Clark’s home arena.
    Energy

    Cooler climate tempers Meralco sales growth; commercial, residential demand hold steady

    0
    Meralco, the country's largest power distributor, projects marginal growth in power sales for 1H 2025, a slowdown attributed primarily to cooler summer weather conditions that reduced energy consumption, particularly in the residential segment. Despite this, the company maintains a degree of resilience, with slight upticks in retail trade and restaurant-driven demand, signaling continued post-pandemic consumer activity.
    Energy

    PHI cuts power rates, delivers household savings in Visayas

    0
    Razon-led Primelectric Holdings Inc. (PHI) is accelerating infrastructure upgrades, system loss reduction initiatives, and smart market strategies across its three power distribution utilities to maintain competitive electricity rates and enhance service quality.
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