August 18, 2018

PHINMA Energy logs P76-M loss in first half

By Myrna M. Velasco – August 17, 2018, 10:00 PM from Manila Bulletin Due to the combined pull of lower energy prices as well as escalating costs due to the government’s tax reform program, listed firm PHINMA Energy Corporation had […]
August 18, 2018

Viewpoint: Meralco power rates fair and reasonable, now below world average; and continue to decrease

By Elinando B. Cinco – August 17, 2018, 12:12 am from Manila Bulletin Here is some good news to our readers which will certainly lighten up their mood and the rest of their week. Contrary to general impression, we’re not […]
August 16, 2018

EO prescribes uniform real property tax rates for power projects

By Myrna M. Velasco – August 14, 2018, 10:00 PM from Manila Bulletin A new Executive Order (EO) issued by President Rodrigo R. Duterte renders a uniform assessment rate on real property taxes (RPT) to be levied to power plant […]
August 11, 2018

Semirara income jumps to P8.1 billion

By Myrna M. Velasco – August 10, 2018, 10:00 PM from Manila Bulletin he consolidated net income after tax of Semirara Mining and Power Corporation (SMPC) had climbed to P8.1 billion in this year’s first half compared to the leaner […]