Manila Electric Company (Meralco) announced that residents will see a ₱0.2639 per kilowatt-hour (kWh) increase in this month’s billing. In a statement on Tuesday, March 11, Meralco reported that the overall rate for a typical household would be raised from ₱12.0262/kWh to ₱12.2901/kWh....
CEBU CITY – For most families in a mountain barangay in the City of Naga, southern Cebu, to have a stable electricity in their households would cost them a fortune. VISAYAN Electric President and COO Engr. Raul Lucero (from left), Lanas Barangay Captain Emily Baricuatro, Department of Energy...
Let's be honest, saving up money can often feel overwhelming, with your day-to-day spending piling up, worries about unplanned expenses from emergencies, and overall need for the right savings habit. And you're not alone in this. The Bangko Sentral ng Pilipinas’s (BSP) data shows that saving...
Maharlika Investment Corporation (MIC), which manages the Philippines’ sovereign wealth fund, is set to provide a bridge loan facility worth $76.4 million to Makilala Mining Co. Inc. (MMCI), the Philippine affiliate of Australia-based Celsius Resources Ltd. In a disclosure to the Australian...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) reported a 14 percent year-on-year increase in net income to a record ₱48.1 billion in 2024, driven by loan growth fueled by robust asset expansion and improving asset quality. In a disclosure to the Philippine Stock Exchange, the bank said...
From left, first row: Vice President and Chief Corporate Social Responsibility Officer, Jeffrey O. Tarayao; Senior Vice President and Chief Human Resources Officer, Edgardo V. Carasig; First Vice President and Head of Networks, Froilan J. Savet; Executive Vice President and Chief Operating Officer,...
ANIMAL WELFARE CHAMPIONS. Meralco Head of Advocacy Communications Management, Michelle Caguioa (right), accepted the prestigious Platinum Paw Award from PAWS Executive Director, Atty. Anna Cabrera (left), during PAWS’ Annual Thanksgiving Gathering where Meralco’s exceptional efforts in...
(Left) Scubasureros documenting their first dive beneath the Therma Visayas jetty. The divers hope to raise awareness about the importance of conserving marine life to divers and non-divers alike. (Right) A Therma Visayas team member participates in a tree planting activity inside the power plant....
Philreca Party-list Rep. Presley de Jesus (left), Santa Rosa City lone district Rep. Dan Fernandez (PPAB) The Energy Regulatory Commission's (ERC) past "failure" to carry out a timely rate reset--which had been detrimental to...
The Manila Electric Company (Meralco) said on Tuesday, Jan. 28, that it will file an application to refund a total of P19 billion to its customers over a period of three years, following an order from the Energy Regulatory Commission (ERC). In a statement, Meralco said the refund, which is...
Manila Water Co., Inc. the East Zone concessionaire, announced on Friday, Jan. 24, that its new Water Treatment Plant (WTP) under the East Bay Phase 2 project is nearing completion. In a statement, Manila Water said the 200 million liters per day (MLD) facility, located in Pakil, Laguna, is...
State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding...
