First Metro Investment Corporation (FMIC), the investment banking arm of Metrobank, expects the Philippine economy to grow faster this year and continue to be among the best performing economies in Asia. “In the face of domestic and global challenges, the Philippine economy achieved a commendable...
The Department of Energy (DOE) is recommending the establishment of a ‘new protocol’ that shall firmly guide National Grid Corporation of the Philippines (NGCP) on power supply-demand balance at the course of its grid operations during emergency situations. As stated by Energy Undersecretary...
The country’s economy is expected to reach six percent this year with the help of robust private consumption and government infrastructure spending, the Metrobank Group’s investment arm First Metro Investment Corp. said. In a breifing, First Metro President Jose Patricio Dumlao said that the...
ACT Teachers Party-list Rep. France Castro (PPAB) To prioritize service over profit, House Deputy Minority leader and ACT Teachers Party-list Rep. France Castro has espoused proposals to nationalize the power industry. Castro says that the option of a State...
Senator Imee Marcos on Tuesday, January 9 said she remains unconvinced over proposals that investing part of the Maharlika Fund in the National Grid Corporation of the Philippines (NGCP) would be the best way to solve the country’s power transmission problems. Marcos pointed out...
Maharlika Investment Corp. (MIC) President and Chief Executive Officer Rafael Consing Jr. believes that a probable investment by the sovereign fund into the National Grid Corporation of the Philippines (NGCP) will be profitable, as well as bring stability to the grid and power communities across...
The National Grid Corporation of the Philippines (NGCP) said the company should not be solely held accountable for the recent Panay power outage, as other parties in the energy sector were also involved. In an interview with the ANC on Monday, Jan. 8, NGCP Spokesperson Cynthia Alabanza said they do...
The Maharlika Investment Corporation (MIC) has plans to invest in the country’s energy sector, particularly in the National Grid Corporation of the Philippines (NGCP), to lower energy costs and transform it into a more reliable and resilient grid to power communities. National Grid Corporation of...
Gokongwei Group's Universal Robina Corporation (URC) continues to expand SONEDCO, its sugar mill in Kabankalan, Negros Occidental, even as it has evolved to become an integral part of the town’s legacy and the core of the local economy. For over 35 years, SONEDCO has grown from being just a...
President Marcos has ordered the Energy Regulatory Commission (ERC) to promptly complete the reset of the National Grid Corporation of the Philippines (NGCP) rates, following the island-wide blackout in Western Visayas since January 2. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) Marcos...
The National Grid Corporation of the Philippines (NGCP) defended itself against claims of failing to stabilize the transmission system in Panay Island, stating that it followed the necessary protocols. In a statement on Friday, Jan. 5, NGCP said the company solely provides transmission...
ILOILO CITY – Power was restored in Panay Island on Friday afternoon, January 5, four days after a massive blackout crippled the area on January 2. The National Grid Corp. of the Philippines (NGCP) announced that transmission operations have been fully restored in all areas in Panay Island. Palm...
