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.
Villa Escudero Corp., the company behind the well-known tourist destination in Tiaong, Quezon, has started building its first major commercial and retail project as it expands into property development.
A deepening corporate power struggle inside one of the Philippines’ most influential business families has escalated into a regulatory flashpoint, with the controlling shareholders of Lopez Inc. calling for an official probe into alleged disclosure lapses tied to major energy transactions and so-called "poison pill" provisions.
The Department of Environment and Natural Resources (DENR) has confirmed that Boracay Water successfully established and maintained its 20-hectare watershed rehabilitation site in Sitio Mananga, Barangay Nabaoy, Malay, Aklan.