February 14, 2019

PSALM will be asked to withdraw P113 B worth universal charges applications

By Myrna M. Velasco – February 13, 2019, 10:00 PM from Manila Bulletin When the propounded legislation authorizing the use of the Malampaya fund to retire power sector debts will finally be enacted into law, state-run Power Sector Assets and […]
February 10, 2019

Malampaya fund to retire PSALM debts (Consumers unburdened of universal charges)

By Myrna M. Velasco – February 9, 2019, 10:00 PM from Manila Bulletin The universal charges on stranded debts and stranded contract costs in the electric bills of Filipino consumers will soon disappear, with Congress already tapping the use of the […]
February 6, 2019

Senate, House approve Murang Kuryente bill

By Charmaine A. Tadalan and Camille A. Aguinaldo – February 4, 2019 | 9:59 pm from Business World THE two chambers of Congress on Monday approved on third and final reading the bill proposing to use the government share of […]
February 4, 2019

PSALM logs P14-billion losses as of Q3

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Due to swelling foreign exchange (forex) losses, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) logged a very dismal financial performance as of third quarter last […]