Miescor Infrastructure Development Corporation (MIDC), which is an affiliate company of Manila Electric Company (Meralco), is firming up a joint venture (JV) deal with Phil-Tower Consortium Inc. (PhilTower) for investment rollout of 4G and 5G mobile infrastructure in the telecommunications...
The household budgets of customers served by power utility giant Manila Electric Company (Meralco) will be stretched thin this February, because the all-inclusive electricity rate to be passed on by the giant utility firm is anticipated to increase in this billing cycle. According to Meralco Vice...
BPI President and CEO TG Limcaoco and GET President Freddie Tinga (center) launched the electric vehicle service for BPI employees. With them are (from left): Severino Sumulong, GET Director of Legal Services; Frankie Endriga, GET Chief Operating Officer; Anthony Dy, GET Managing Director; Jaime...
BYD is once again the global new energy vehicle sales champion, exceeding its target of 3-million vehicles sold in 2023. This is the second year in a row that BYD has led worldwide electric vehicle sales. 2023 also saw BYD register in the Top 10 of all automotive sales for the year while continuing...
Chinese firm SUMEC Complete Equipment and Engineering Co. Ltd. had been engaged by MGen Renewable Energy, Inc. (MGreen), a renewable energy investment unit under the Manila Electric Company (Meralco) group, as the engineering procurement and construction (EPC) contractor for its two solar projects...
Paragon Vertical Corporation, which is a subsidiary of e-Meralco Ventures Inc. (EMVI) of the Manila Electric Company (Meralco) group, is planning equity sell-down for 34.9-percent of its equity to affiliate Philippine Long Distance Telephone Co. (PLDT), the country’s telecom giant which is also...
Via its partnership with the National Engineering Center of the University of the Philippines (UP-NEC), the National Electrification Administration (NEA) will fortify the competencies of the electric cooperatives (ECs) on matters relating to operational planning as well as in managing financial...
The Department of Energy (DOE) is eyeing the issuance of a Presidential mandate that will expand the coverage of zero tariff incentive for electric vehicles (EVs) - primarily for hybrids, as well as the two-wheeler and three-wheeler fleets. Energy Undersecretary Felix William Fuentebella told...
BEIJING, China (AFP) -- Chinese electric vehicle giant BYD, the world leader in the sector, said its net profits soared in 2023, and expects the final figure to hit a new record, according to preliminary results released Monday. The group said in an earnings preview that it expects net profit for...
President Marcos has welcomed the offer of VinGroup Company of Vietnam in investing in the Philippines particularly in electric vehicle (EV) battery production, which he said is timely because the country is currently modernizing its public transportation. President Ferdinand 'Bongbong'...
President Marcos announced on Monday, Jan. 29, that Vietnam’s largest private company has interests to bring its electric vehicles (EVs) and battery-manufacturing facility to the Philippines. President Ferdinand 'Bongbong' Marcos Jr. speaks before the Filipino community in Vietnam on Monday, Jan....
YOKOHAMA, Japan – Car maker Nissan Motor Corporation is expecting rollout of electric vehicles (EVs) in the Philippines to come with a relatively moderate growth of 5.0 to 10% in the next 5 to 10 years, as the country is still on its infrastructure buildout pace and policies are still at...
