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 […]
September 27, 2017

San Miguel postpones IPO of energy business

By Lenie Lectura – September 27, 2017 from Business Mirror SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp. (SMC), has postponed anew its planned initial public offering (IPO) this year due to unresolved issues involving contracts it entered […]