December 26, 2018

PSALM debt payments hit P600B by mid-2018

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The scale of debt payments and settlement of financial obligations by state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reached a whopping P599.64 billion in the […]
October 11, 2018

PSALM registers P26-billion forex losses due to weak peso

By Myrna M. Velasco – October 10, 2018, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) registered swelling foreign exchange (forex) losses of roughly P26 billion in the first six months of this year […]
August 10, 2018

PSALM‘s universal charge collections reach P140 billion

By Myrna M. Velasco – August 10, 2018, 12:31 AM from Business Mirror Collections of universal charges from Filipino consumers via the electric bills already soared to P140.17 billion as of the latest reckoning date this year, according to data […]
November 10, 2017

Higher power rates this month–Meralco

By Lenie Lectura -November 9, 2017 from Business Mirror Power rates this month will increase by P0.3436 per kilowatt hour (kWh) for a typical residential household, thereby bringing the overall rate from last month’s P9.2836 per kWh to P9.6272 per kWh. The […]