August 10, 2018

PSALM names 2 sites to privatize this year

By Lenie Lectura – August 9, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has identified two real-estate assets it intends privatize late this year or early-2019. PSALM President Irene Joy Besido-Garcia said the agency […]
August 9, 2018

EDC board okays delisting of shares after tender offer

By Alena Mae S. Flores – August 08, 2018 at 07:00 pm from manilastandard.net The board of Energy Development Corp. approved the company’s plan to voluntarily delist its common shares from the Philippine Stock Exchange as public ownership is expected […]
August 8, 2018

Meralco announces slight power rate hike

By Alena Mae S. Flores – August 07, 2018 from manilastandard.net Electricity rates posted a slight increase in August on higher fuel prices, retailer Manila Electric Co. said Tuesday. Meralco said the average power rate increased P0.0265 per kilowatt-hour to […]
August 7, 2018

PNOC may schedule a rebid of ‘banked gas’

By Myrna M. Velasco – August 6, 2018, 10:00 PM from Manila Bulletin State-run Philippine National Oil Company (PNOC) is opting to rebid its “banked gas” following the last round of auction that just cornered a solo tender. PNOC logo […]