December 22, 2020

M2DC buys stake in Basic Energy

By VG Cabuag – December 22, 2020 from Business Mirror MAP 2000 Development Corp. (M2DC) is acquiring a majority stake in Basic Energy Corp., the energy company led by the De Venecia Group. In its disclosure, a memorandum of agreement […]
December 10, 2020

Meralco to slash December power rates as lower Luzon demand cuts gen charge

By VG Cabuag – December 10, 2020 from Business Mirror POWER distributor Manila Electric Co. on Wednesday said it is slashing power rates in December mainly on lower generation charge due to decreasing demand in Luzon grid. Power rates for […]