April 22, 2020

LNG market favorable in next few years due to low prices

By Adam J. Ang – April 21, 2020 | 9:38 pm from Business World   THE next years will likely be favorable for importers of liquified natural gas (LNG) like Philippines due to low prices, Fitch Solutions Country Risk and […]
April 22, 2020

Psalm extends grace period amid extended quarantine period

By Jordeene B. Lagare – April 22, 2020 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) is extending the grace period for the payments due to the state-run firm whose due dates fall within the […]
April 22, 2020

IRR of law reducing cost of electricity signed

By BusinessMirror -April 21, 2020 The Department of Energy (DOE) and the Department of Finance (DOF) have signed the implementing rules and regulations (IRR) for the Murang Kuryente Act (MKA), which mandates cheaper electricity. The IRR for the MKA is […]
April 18, 2020

Cusi asks LGUs to grant grace period on tax payments of power companies

By Alena Mae S. Flores – April 17, 2020 at 09:00 pm from manilastandard.net Energy Secretary Alfonso Cusi on Friday asked local government units to grant a grace period in the collection of taxes and other fees from the power […]