April 18, 2020

Cusi asks LGUs to grant grace period on tax payments of power companies

By Alena Mae S. Flores – April 17, 2020 at 09:00 pm from manilastandard.net Energy Secretary Alfonso Cusi on Friday asked local government units to grant a grace period in the collection of taxes and other fees from the power […]
April 18, 2020

First Gen extends buyback period for preferred shares

By Myrna M. Velasco – April 17, 2020, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation has extended for two years its buyback program for ₱10 billion worth of issued preferred shares. The same length of buyback extension has […]
April 17, 2020

Malacañang urged to suspend VAT, UCs to cut power rates

By Myrna M. Velasco – April 16, 2020, 10:00 PM from Manila Bulletin To ease the financial pain of the Filipinos during the lockdown period, Malacañang is being urged to suspend the value added tax (VAT) and universal charge (UC) […]
April 17, 2020

ERC approves staggered payment of Meralco bills in four months

By Alena Mae S. Flores – April 16, 2020 at 08:40 pm from manilasatandard.net The Energy Regulatory Commission approved a four-month staggered payment of electricity bills to help cushion the impact of the enhanced community quarantine in Luzon on consumers. […]