March 5, 2022

Alsons corners rating upgrade for P3-B CP issuance

By Myrna M. Velasco – March 4, 2022, 4:22 PM from Manila Bulletin Alcantara-led Alsons Consolidated Resources Inc. (ACR) cornered a credit rating upgrade by Philippine Rating Services Corporation (PhilRatings) for its P3.0 billion commercial papers (CP) issuance. The credit […]
March 4, 2022

Meralco sees power sales growing by 6% this year

BY LENIE LECTURA – MARCH 3, 2022 from Business Mirror THE Manila Electric Co. (Meralco) is expecting to register over a 6-percent increase in electricity sales volume this year as restrictions eased under Alert Level 1. “Six percent is achievable […]
March 4, 2022

Duterte wants nuclear power to replace coal plants

By Myrna M. Velasco – March 3, 2022, 3:16 PM from Manila Bulletin Newly-issued Executive Order 164 of President Rodrigo Duterte has stipulated that the country’s need for baseload electricity supply shall be plugged by nuclear power facilities, which will […]
March 3, 2022

Nuclear policy expected to be issued soon, Energy dep’t says

By Marielle C. Lucenio – March 2, 2022 | 8:28 pm from Business World REUTERS THE Department of Energy (DoE) said on Wednesday that it expects President Rodrigo R. Duterte to issue an executive order (EO) outlining a policy on […]