April 18, 2020
Published by admin at April 18, 2020
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NEA authorizes rural utilities to redirect funds to customer subsidies

By Adam J. Ang – Adam J. Ang from Business World THE National Electrification Administration (NEA) is allowing rural power utilities to realign their budgets to fund relief programs for poor electric consumers. In a statement Friday, the rural power […]
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April 18, 2020
Published by admin at April 18, 2020
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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 […]
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April 18, 2020
Published by admin at April 18, 2020
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First Gen extends buyback period for preferred shares

By Myrna M. Velasco – April 17, 2020, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation has extended for two years its buyback program for ₱10 billion worth of issued preferred shares. The same length of buyback extension has […]
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April 17, 2020
Published by admin at April 17, 2020
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Malacañang urged to suspend VAT, UCs to cut power rates

By Myrna M. Velasco – April 16, 2020, 10:00 PM from Manila Bulletin To ease the financial pain of the Filipinos during the lockdown period, Malacañang is being urged to suspend the value added tax (VAT) and universal charge (UC) […]
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