Power utility giant Manila Electric Company (Meralco) has applied for regulatory approval on its proposal to refund to its customers P13.885 billion cost over-recoveries arising from the implementation of its actual weighted average tariff (AWAT) within the lapsed regulatory period from July 2015...
The Energy Regulatory Commission (ERC) has tapped mid-tier accounting and advisory firm Roxas Cruz Tagle and Co., a member company of BDO International Ltd., to be its third party consultant in the audit of refunds carried out by power utility giant Manila Electric Company....
Power utility giant Manila Electric Company (Meralco) had been ordered to refund P1.4 billion worth of over-collections on pass-through charges relating to transmission rate; lifeline subsidy rate and senior citizen subsidy rate. Nevertheless, the customers of the utility firm will not fully enjoy...
With the resumption of international leisure travel and with travel agency operations again allowed to resume operations, the Philippine Travel Agencies Association (PTAA) has renewed calls for airlines to fully refund P315.55 million in cancelled flights since March when the government-imposed...