Pangilinan-led Manila Electric Company is gaining a firmer control over SP New Energy Corporation (SPNEC) by raising its interest to 50.5 percent with the acquisition of an additional stake worth P7.5 billion from its founder Leandro Leviste. Meralco PowerGen Corporation (MGen) is buying another...
Manila Water reported on Wednesday morning, Sept. 4, that La Mesa Dam had breached its spilling level due to recent rainfall, warning of possible flooding in nearby communities. In an advisory, the East Zone concessionaire announced that La Mesa Dam in Quezon City is at full capacity and has...
China said on Tuesday, Sept. 3, that it is Japan that is causing trouble in the South China Sea as it defends the Philippines’ fight for sovereignty over the West Philippine Sea. The Chinese Embassy in Manila made another tirade against its Japanese counterpart—this time questioning...
The Department of Energy (DOE) is currently studying a policy for the repurposing of diesel-fired power plants by integrating biofuel blend of as much as 55% (or B55) by volume, according to Energy Undersecretary Felix William B. Fuentebella. “We’re developing a strategy for B55 to enable the...
Senator Raffy Tulfo met with various heads of government agencies online amid the Senate work suspension to ensure public safety amid the inclement weather brought by Tropical Storm Enteng on Monday, September 2. Tulfo, who chairs the Senate Committee on Public Services immediately warned the...
Malacañang has suspended classes at all levels and government work in the National Capital Region (NCR) and Calabrzon on Tuesday, Sept. 3, 2024, due to the ongoing rains caused by Tropical Storm Enteng, the Office of the Executive Secretary (OES) announced on Monday evening. The suspension...
Retail price growth for general goods in Metro Manila posted a slight uptick in July this year, the Philippine Statistics Authority (PSA) reported. Preliminary PSA data revealed that the general retail price index (GRPI) for the National Capital Region (NCR) settled at 1.9 percent...
Residents of Baseco Compound in Tondo, Manila, wade through floodwaters caused by heavy rains brought by Tropical Storm Enteng (Photo courtesy of Arnold Quizol/MANILA BULLETIN) Several families in Baseco Compound in Tondo, Manila, started to evacuate on Monday morning, September 2, due to heavy...
Manila Electric Company (Meralco) has assured its readiness to manage potential power outages as Tropical Storm “Enteng” intensifies, bringing heavy rainfall to Luzon. In a statement, Meralco, the country’s largest power distributor, recorded 28,256 affected customers with power...
The Rizal provincial government has suspended classes for Monday, September 2, due to Tropical Storm Enteng. Rizal Governor Nina Ynares announced the suspension of face-to-face classes at all levels for both public and private schools in the entire province. The governor said schools may shift to...
There will be no water in some areas of Rizal province from Sept. 2 to 5 due to Manila Water’s maintenance works. In Cainta, Rizal, the water service interruption will start at 10 p.m. on September 2, Monday until 4 a.m. on September 3. Tuesday. On September 3, Tuesday, beginning 10 p.m. until 4...
Dutch financial giant ING expects the Bangko Sentral ng Pilipinas (BSP) to continue cutting interest rates, given favorable inflation expectations for August and beyond. "Even though there is no evidence yet that the July tariff cuts have had much impact on consumer rice prices, the absence of any...
