House of Representatives (Ellson Quismorio/ MANILA BULLETIN) House members' proposal to renew the franchise of the Manila Electric Company (Meralco) for another 25 years has gained the support of the semiconductor organizations in the...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Cagayan de Oro City 2nd district Rep. Rufus Rodriguez has welcomed the Makati Business Club (MBC) and Management Association of the Philippines' (MAP) endorsement of his House...
Power retailer Manila Electric Co. (Meralco) announced it will continue its partnership with Robinsons Land Corp. (RLC) to supply electric services to its commercial and residential developments. Meralco said it created a comprehensive development plan that will support the power requirements of...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) A veteran solon said that only "substantive and verified evidence" should be tackled by the House Committee on Legislative Franchises amid the contentious attempt to give the Manila...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House Committee on Legislative Franchises has confirmed receiving a letter from Banco de Oro (BDO), which disowned a supposed complaint by the bank against the Manila Electric...
An official from the Department of Energy (DOE) has reported a better power situation in Luzon due to improved stability in the region's electricity supply. Energy Assistant Secretary Mario C. Marasigan told reporters on Friday, May 24, that the power outage was reduced to 1,600 megawatts while the...
It was another round of ‘madness’ for millions of Filipino consumers before the strike of midnight on Thursday (May 23), as most parts of Luzon grid had been tormented with one to 1.5-hour rotational brownouts. In the franchise area of Manila Electric Company (Meralco) alone, more than 487,000...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has secured a loan from Metropolitan Bank & Trust Co. (Metrobank) to support its capital needs for the year. In a statement on Thursday, May 23, Maynilad said the P10 billion from Metrobank will help fund projects aimed at...
As Luzon grid descended into new round of red alert that was prompted by the tripping of a major power plant, consumers are left with no choice but to suffer through inconvenience and relive the stress of waiting for another wave of spikes in their electric bills. System operator National Grid...
(MANILA BULLETIN) A Laguna congressman who is against the renewal of the Manila Electric Company’s (Meralco) franchise has once again lambasted the power distribution giant for its supposed failure to provide updates on its weighted...
APEC Party-list Rep. Sergio Dagooc (left), PHILRECA Party-list Rep. Presley de Jesus (Facebook) Members of the so-called "power bloc" in the House of Representatives have affirmed their support for the early grant of a 25-year extension to the...
The Philippine Stock Exchange (PSE) has approved the application of Roxas Holdings Inc. (RHI) for a nine-day voluntary suspension of the trading of its stocks following the planned takeover of young tycoon Leandro Leviste. In its letter to the PSE, RHI said it sought a trading suspension to avoid...
