August 31, 2020

Alsons sale of commercial papers gets SEC approval

By Lenie Lectura – August 31, 2020 from Business Mirror Alcantara-led Alsons Consolidated Resources Inc. (ACR) said over the weekend that the Securities and Exchange Commission (SEC) has given its nod to the company’s sale of commercial papers (CP) worth […]
August 31, 2020

Limited Malampaya output prompts fuel shift

By Myrna M. Velasco – August 31, 2020, 6:00 AM from Manila Bulletin The gas production restriction at the Malampaya field has prompted fuel shift of the country’s gas-fired power plants, which may consequently trigger hikes in electricity rates. As […]
August 29, 2020

Power co-ops’ revenues dip 1.5% in Q1

By Jordeene B. Lagare – August 29, 2020 from The Manila Times Revenues of electric cooperatives (ECs) in the country declined in the first three months of 2020, the National Electrification Administration (NEA) reported on Friday. Total gross revenue of […]
August 29, 2020

Government urged to release Murang Kuryente subsidies

By Adam J. Ang – August 26, 2020 | 7:05 pm from Business World A CONSUMER group is seeking the immediate grant of subsidies on some universal charges in electricity bills, a year after a law granting such relief was […]