Customers of Manila Electric Company (Meralco) can expect financial relief on their electric bills next month, as this is expected to be on downtrend, according to company Vice President and Spokesperson Joe Zaldarriaga. “Based on initial projections, there is a strong likelihood that power rates...
The country’s electric cooperatives (ECs) are prodded to undertake their competitive selection process (CSP) on power supply agreements (PSAs) to guarantee that they will not suffer supply shortages in the immediate term, especially with the portended economic recovery post-pandemic. To ensure...
Two subsidiary firms of diversifying conglomerate San Miguel Corporation (SMC) tendered the lowest bid for the competitive selection process (CSP) for the supply of 1,800 MW power capacity to Manila Electric Company (Meralco) over a 20-year year period. The winning SMC companies are...
The country’s electric cooperatives (ECs) are offering their sites for the government-underpinned Covid-19 inoculation program, which targets to attain herd immunity for the Philippine population against the dreaded virus. In a statement to the media, the Philippine Rural Electric Cooperatives...
Nissan-commissioned study finds Pinoys eager to plug in Despite the few available options so far and little infrastructure to support them, a new study shows that Filipinos and Southeast Asian neighbors continue to be highly enthusiastic about owning an electrified vehicle. The enthusiasm is...
The Department of Energy (DOE) has officially directed power distribution utilities and electric cooperatives (ECs) on ‘extended no-disconnection policy’ for lifeline residential customers or those that have electricity consumption of 100 kilowatt-hours or less. In an advisory issued by the...
The country’s electric cooperatives (ECs) have raised alarm of highly probable ‘cash flow disruption’ from overly extended ‘no disconnection policy’, as being pushed by some government leaders and interest groups. And if the power utilities’ stream of revenues will be severely...
From motors to movement Kia's new logo, signifying its new strategy and vision. There are big things in store for Kia. During a global announcement last week, Kia shared the many changes, renewed purpose, and bolder vision it has for the future. This change is marked by a new logo, a new brand...
The local stock market is seen to be weighed down by concern over the impact of the new COVID-19 strain although this may be counterbalanced by excess cash in the system as well as developments overseas. “Next week, we may see sideways movement from the local market with a downward bias. Pandemic...
Roughly 70-percent of the country’s electric cooperatives (ECs) scored ‘highest rating’ in a recent performance assessment carried out by the National Electrification Administration. The agency announced that 85 out of the 121 ECs nationwide had been bestowed with “AAA” rating or...
The Philippines said it is close to filling up the gaps in the value chains for the copper & nickel, electronics and automotive sectors to support its goal of becoming a major player in the electric vehicle (EV) market. Board of Investments (BOI) Managing Head Ceferino S. Rodolfo said...
SaladStop's limited edition smoothie is a partnership with Electric Studio This year has taught us so many important things. One thing I will definitely never take for granted again is my health. That means getting serious about regularly exercising and making sure I am eating the right stuff....
