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 13, 2018

PSALM stands pat on P20B owed by San Miguel

By Jordeene Sheex Lagare – August 13, 2018 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (PSALM) maintains its position that San Miguel Corp. still owes them over P20 billion for the administration of the Ilijan […]
August 13, 2018

Govt sets P885-M bid price for MTPP site

By Lenie Lectura – August 12, 2018 from Business Mirror THE government has set a minimum bid price of P885 million for the sale of the Manila Thermal Power Plant (MTPP) site. “The Power Sector Assets and Liabilities Management Corp. […]
August 10, 2018

PSALM‘s universal charge collections reach P140 billion

By Myrna M. Velasco – August 10, 2018, 12:31 AM from Business Mirror Collections of universal charges from Filipino consumers via the electric bills already soared to P140.17 billion as of the latest reckoning date this year, according to data […]