June 22, 2020

Fact-Checking Meralco’s Generation Rate. Rates Should be Lower, and Would be Even Lower if QPL Mauban is Made Reasonable.

David Celestra Tan, MSK 21 June 2020 Meralco’s public relations trumpets are blaring that their power rates are lower in June and that it is the 3rd straight month of rate reduction. Should consumers be consoled as Meralco obviously wants […]
June 22, 2020

A Brown acquiring VEC for P50M

By Jordeene B. Lagare – June 21, 2020 from The Manila Times A Brown Co. Inc. is purchasing a controlling stake in Vires Energy Corp. (VEC) for P50.2 million, making it the latest company to jump on the liquefied natural […]
May 27, 2020

Singapore firm eyeing FGen shares via tender offer

By Myrna M. Velasco – May 26, 2020, 10:00 PM from Manila Bulletin Singapore-incorporated firm Valorous Asia Holdings Pte. Ltd. has expressed its interest to acquire 6.0 to 9.0-percent of the common shares of listed firm First Gen Corporation via […]
April 28, 2020

LNG investment pulls down Meralco net income in Q1

By BusinessMirror -April 27, 2020 THE Manila Electric Company (Meralco) reported a 54-percent drop in reported net income to P2.61 billion in the first quarter of the year as it recognized an impairment of its liquefied natural gas (LNG) investment […]