October 28, 2020

PSALM issues final demand payment for P671 M to 2 errant firms — DOF

By Chino S. Leyco – October 28, 2020, 6:00 AM from Manila Bulletin The Power Sector Assets and Liabilities Management Corp. (PSALM) has sent out final letters of demand for payment to two companies with long overdue obligations with the government, […]
October 28, 2020

Meralco rates at their lowest level in years

By Alena Mae S. Flores – October 27, 2020 at 07:28 pm from manilastandard.ne Power retailer Manila Electric Co. said Tuesday retail rates in the first nine months marked their lowest level in years. “In fact, at around P8 per […]
October 27, 2020

MVP Group, JP Morgan in talks for 45% SPEx stake

By Lenie Lectura – October 26, 2020 from Business Mirror Malampaya gas field in offshore Palawan. File photo THE group of Manuel V. Pangilinan is in talks with JP Morgan to assist the group in its interest to buy the […]
October 27, 2020

Lockdowns, LNG investment cut Meralco 9-month income

By Lenie Lectura – October 26, 2020 from Business Mirror Power lines run beside a sign for the Manila Electric Co. (Meralco) Makati branch in Manila, the Philippines, on Monday, March 23, 2009. Manila Electric Co. is the largest Philippine […]