May 13, 2020

PSALM pares power sector debts by ₱27 B

By Myrna M. Velasco – May 12, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) was able to trim power sector debts by ₱27 billion last year to ₱422.01 billion as of end-December […]
May 12, 2020

Semirara income falls 43% to P1.2 B

By Myrna M. Velasco – May 11, 2020, 10:00 PM from Manila Bulletin With the combined effect of reduced coal sales and cheaper energy prices, the net income after tax (NIAT) of Consunji-led Semirara Mining and Power Corporation (SMPC) had […]
May 11, 2020

Psalm adjusts anew payment deadlines

By Jordeene B. Lagare – May 11, 2020 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) is extending anew the grace period to settle dues with the state-run corporation for the duration of the extended […]
May 11, 2020

EC foundation gives P12.1M for Pantawid Program

By Jordeene B. Lagare – May 11, 2020 from The Manila Times THE One EC Network Foundation, Inc. (OECNF) has pledged P12.1 million to all 121 electric cooperatives (ECs) nationwide for a subsidy program designed for customers in rural areas. […]