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.
SMAC, the country’s leading loyalty program, and BDO Remit, BDO Unibank’s trusted remittance service, have formed a new partnership to give more value to overseas Filipino workers (OFWs) and their families. The agreement was formalized in November at the BDO Corporate Center in Ortigas, Pasig.
The Department of Energy (DOE) and the Land Bank of the Philippines have signed a memorandum of agreement to operationalize the Philippine Geothermal Resource De-Risking Facility (PGRDF), a $170-million program aimed at reducing the financial risks of early-stage geothermal exploration.