The core net income of power utility giant Manila Electric Company (Meralco) climbed by 15-percent to P18.062 billion in the nine-month period from P15.727 billion in the same period last year with the return of demand from the industrial sector. The company also reported that its net income surged...
Deputy Minority Leader and Bayan Muna Rep. Carlos Zarate has assailed anew the decision of power distributors to impose an increase in electricity rates this month, saying that the unabated adjustments will render useless government’s bid to attract investors. ELECTRIC METERS Zarate said that...
Gas will not flow yet from the Malampaya field, as the facility’s preventive maintenance shutdown has been extended for additional three days because of delayed repair works at its onshore platform’s flare tip. As sounded off by Manila Electric Company (Meralco), the naturally occurring...
Photo from PBA Magnolia Pambansang Manok’s series-clinching win over Meralco in the PBA Philippine Cup semifinals was not completed without the stellar job provided by its role players. Playing second fiddle to Calvin Abueva, Ian Sangalang, Paul Lee and Mark Barroca since the start of the...
Photo from PBA Magnolia Pambansang Manok finally landed the knockout blow on Meralco and took the sixth game of their semifinal series, 93-85, Friday, Oct. 15 to secure a spot in the PBA Philippine Cup Finals at the Don Honorio Ventura State University in Bacolor, Pampanga. Plenty of heroes emerged...
Photo from PBA TNT aims to deliver the finishing kill on San Miguel Beer while Magnolia Pambansang Manok will again attempt to do the same against Meralco Friday, Oct. 15 in Game 6 of the PBA Philippine Cup semifinals at the Don Honorio Ventura State University in Bacolor, Pampanga. The Tropang...
Photo from PBA Meralco staved off elimination with a determined effort to outlast Magnolia Pambansang Manok, 102-98, and extend their PBA Philippine Cup semifinal series on Wednesday, Oct. 13 at the Don Honorio Ventura State University in Bacolor, Pampanga. Allein Maliksi knocked two triples down...
Photo from PBA Magnolia Pambansang Manok is not too thrilled of being up 3-1 in the PBA Philippine Cup semifinals with Meralco still capable of turning things arounds. The Hotshots moved a win shy of advancing to the championship series after their 81-69 victory Sunday, Oct. 10 at the Don Honorio...
Filipinos living in condominiums and subdivisions will no longer qualify to avail of the ‘lifeline subsidy’ or electricity rate discounts extended to financially challenged power consumers. According to Manila Electric Company (Meralco) Vice President Lawrence S. Fernandez, based on the tenor...
Power utility giant Manila Electric Company (Meralco) is planning to undertake competitive selection process (CSP) for a power supply agreement (PSA) that will replace the capacity of First Gen Corporation if its electricity generation will be continuously crippled by Malampaya gas field’s output...
Magnolia Pambansang Manok moved on the verge of advancing to the PBA Philippine Cup Finals after holding off Meralco, 81-69, for a 3-1 lead in their semis series Sunday, Oct. 10 at the Don Honorio Ventura State University in Bacolor, Pampanga. Mark Barroca of Magnolia drives past two Meralco...
Photo from PBA TNT tries to take a commanding 3-1 lead over San Miguel Beer while Meralco aims to even the score against Magnolia Pambansang Manok Sunday, Oct. 10 in Game 4 of the PBA Philippine Cup at the Don Honorio Ventura State University in Bacolor, Pampanga. The Tropang Giga, who dominated...