With the repricing of fuel supply from the Malampaya gas field, power utility giant Manila Electric Company (Meralco) is expecting upward adjustment in the electric bills to their customers in this August billing cycle. According to Meralco, while all billings from its power suppliers are still not...
San Miguel Beer sent Meralco crashing back to earth with a dominant 121-97 victory to gain a headstart in their best-of-seven semifinals showdown in the 2022 PBA Philippine Cup on Wednesday, Aug 3. Rodney Brondial (PBA Images) The Bolts, still riding the euphoria after eliminating the Barangay...
After finally hurdling Barangay Ginebra in the playoffs, stand-in coach Luigi Trillo said Meralco is now shifting their focus to the bigger wall against San Miguel Beer in the 2022 PBA Philippine Cup semifinals. Photo from PBA The Bolts were still in euphoria after finally getting the monkey off...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, logged colossal losses of P15 billion on the electricity generation operation of its power plants due to surging fuel prices in the world market and is now batting for rate hikes so it can partly...
Meralco put an end to the series of playoff nightmares at the hands of Barangay Ginebra, this time escaping with a nail-biting 106-104 victory in Game 3 of their best-of-three quarterfinals duel in the 2022 PBA Philippine Cup at the Mall of Asia Arena in Sunday, July 31. Photo from PBA The Bolts...
Barangay Ginebra staved off elimination and grinded out a pulsating 94-87 victory over Meralco in Game 2 of their best-of-three quarterfinals series on Friday, July 29, at the FilOil-EcoOil Centre in San Juan City. Japeth Aguilar (PBA Images) The Gin Kings lived up to their "never-say-die" mantra...
JG Summit Holdings Inc., the flagship of the Gokongwei Group, has raised P12.38 billion from the sale of 36 million shares of Manila Electric Company (Meralco) through an overnight block trade. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors had approved the...
After so many heartbreaks in the past, Meralco guard Chris Newsome won’t let the chance to eliminate Barangay Ginebra slip away from their hands in Game 2 on Friday, July 29. Chris Newsome (PBA Images) Newsome and the Bolts are eager to finally put an end to the string of futility against the Gin...
Power utility giant Manila Electric Company (Meralco) formally slates the "competitive challenge" for the 500-megawatt renewable energy (RE) capacity that will partly address its requirement for mid-merit capacity. Interested bidders will challenge the unsolicited proposal originally submitted by...
The Pasay City government announced that residents along D. Jorge and Valerio Streets near M. dela Cruz Street will experience power service interruption on July 27 from 4-9 p.m. The Manila Electric Company (Meralco) will conduct replacement of facilities along D. Jorge St. according to the...
Consolidated core net income of Manila Electric Company (Meralco) inched up by 15-percent in the first half this year to P13.1 billion from P11.399 billion in the same period last year, primarily due to six percent increase in energy sales, the main profit driver of the power utility giant. The...
Meralco banked on its solid defense to whip Barangay Ginebra, 93-82, and gain the headstart in their best-of-three quarterfinals duel in the 2022 PBA Philippine Cup at the Smart Araneta Coliseum on Sunday, July 24. PBA Images The Bolts clamped down on the defensive end while Aaron Black, Allein...
