May 22, 2020
Published by admin at May 22, 2020
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Psalm to borrow P43 billion to pay maturing obligations

By Lenie Lectura – May 22, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) intends to secure a P43-billion loan from the Development Bank of the Philippines (DBP) to pay for its maturing obligations this […]
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April 14, 2020
Published by admin at April 14, 2020
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Meralco’s force majeure petition seen to lower power rates in May

By Alena Mae S. Flores – April 13, 2020 at 08:10 pm from manilastandard.net Consumer group Laban Konsyumer Inc. said it expects lower power rates in May following the decision of Manila Electric Co. to invoke the force majeure provision […]
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April 13, 2020
Published by admin at April 13, 2020
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PSALM seeks DOF approval on Murang Kuryente subsidy

By Myrna M. Velasco – Updated April 13, 2020, 9:50 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is seeking approval from the Department of Finance (DOF) on its proposed loan procurement to cover calculated […]
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April 6, 2020
Published by admin at April 6, 2020
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PSALM pares down debt to P417.88B

By Lenie Lectura -April 6, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its principal financial obligations to P417.88 billion last February, from P422.011 billion recorded at the end of 2019. PSALM President […]
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