While momentum in the nuclear energy sector is growing, Manila Electric Company (Meralco) noted that major icant progress hinges on the enactment of the Philippine Atomic Energy Regulatory Framework Bill (PhilAtom Bill). In a briefing, Ronnie L. Aperocho, Meralco first vice president and head of...
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has announced the upgrade of its substation in Bonifacio Global City, a move aimed at addressing the increasing power demand in Taguig City and parts of Makati. In a statement on Tuesday, April 30, Meralco detailed the expansion of its Fort...
Metrobank President Fabian S. Dee Metropolitan Bank & Trust Company booked ₱12.3 billion in the first quarter of the year, driven by higher loans and non-interest earnings. In a statement, the bank said earnings improved from ₱12 billion in the first quarter of 2024 as its pre-provision...
Razon-led Bohol Light Company Inc. (BLCI) announced that it would increase its reliance on renewable energy (RE) to meet 25 percent of the power demand in Tagbilaran City. In a statement on Friday, April 25, BLCI said it will source its power from the upcoming 8.4-megawatt (MW) solar project of...
Philex Mining Corporation reported a 32 percent drop in core net income to ₱71 million in the first quarter of 2025 from the ₱105 million earned in the same period last year as higher costs offset the impact of rising metal prices. In a disclosure to the Philippine Stock Exchange, the firm said...
The Court of Tax Appeals (CTA) has denied the P40 million tax refund sought by the Lepanto Consolidated Mining Company for its alleged unutilized input value-added tax (VAT) attributable to zero-rated sales for 2018. In its petition, Lepanto Consolidated Mining said that it exported all of its...
As a responsible mining company, Apex Mining (APX) effectively manages and mitigates its impact to the environment. In 2024, under its Annual Environmental Protection and Enhancement Program (AEPEP), the company spent P141.5 million to carry out activities, initiatives, and programs that...
Manila Electric Co. (Meralco) reported that it has upgraded a power transformer at Tayabas delivery point (DP) substation to address rising power demand in Quezon province and neighboring towns in Laguna. In a statement, Meralco said the newly energized power transformer has increased its capacity...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Senior Citizens Party-list has welcomed President Marcos' decision to extend the operating franchise of the Manila Electric Company (Meralco) by a quarter-century. "The Senior Citizen...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) has assured its customers of stable, reliable, and continuous electricity service with personnel ready to attend to customer concerns throughout the observance of the Holy Week. “We join the nation in observing a solemn and safe...
Manila Electric Co. (Meralco) welcomed President Ferdinand Marcos Jr.’s support for the renewal of the distribution utility’s (DU) franchise for another 25 years. In a statement on Tuesday, April 15, Meralco Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan commended the President...
Albay 2nd district Rep. Joey Salceda (left), President Ferdinand "Bongbong" Marcos Jr. (PPAB, Facebook) Albay 2nd district Rep. Joey Salceda aired his appreciation to President Marcos after the latter reportedly signed into law one of...
