
MORE Power lowers May bills despite fuel cost hike
Consumers in Iloilo City will see lower electricity bills this May after MORE Electric and Power Corp. (MORE Power) reduced the power rate to cushion the…
· 2 min read
Topic

Consumers in Iloilo City will see lower electricity bills this May after MORE Electric and Power Corp. (MORE Power) reduced the power rate to cushion the…
· 2 min read

Following the directive of President Ferdinand Marcos Jr., the Department of Energy has ordered the National Grid Corporation of the…
· 2 min read

Chelsea Logistics and Infrastructure Holdings Corp. is tightening spending and scrambling to blunt the impact of soaring diesel prices as fuel costs squeeze…
· 1 min read

San Beda College Alabang (SBCA) expects to save about P8 million annually after switching its entire campus operations to 100 percent renewable energy under a…
· 1 min read

The weakness in spending and sales growth may be reflective of demand becoming more sensitive (or elastic) to price increases.
· 3 min read

Consumers of Negros Electric and Power Corp. (Negros Power) will pay lower electricity bills this May after the utility reduced residential power rates on the…
· 1 min read

January to March revenues reached P1.14 billion, with electricity sales contributing 85 percent of the total, while EBITDA jumped 53 percent to P593 million…
· 1 min read

SteelAsia Manufacturing Corp. has secured a P1.25-billion green loan from Taiwan-based Cathay United Bank to accelerate the company’s expansion of low-carbon…
· 2 min read

National Grid Corporation of the Philippines (NGCP) spokesperson Atty. Cynthia Alabanza said Friday that unplanned shutdowns are primarily driven by high…
· 2 min read

Axelum Resources Corp. nearly doubled its first-quarter earnings to P267 million as stronger export demand and higher-margin products helped offset…
· 2 min read

Filinvest Development Corp. (FDC) reported a net income attributable to equity holders of P3.9 billion in the first quarter, up 8 percent from P3.6 billion a…
· 1 min read

National Grid Corporation of the Philippines on Wednesday issued the country’s first red alert for 2026 as consumers in Luzon and the Visayas may experience…
· 1 min read

The reduction will be reflected in electricity bills nationwide, as distribution utilities — including Manila Electric Co. and electric cooperatives — pass on…
· 1 min read

National Grid Corporation of the Philippines on Wednesday said the overall transmission rate for May 2026 has been reduced and will be reflected in consumers’…
· 1 min read

More than 200,000 customers across parts of the Manila Electric Co. (Meralco) franchise alone in Luzon experienced rotating power interruptions on Wednesday…
· 2 min read

Filinvest Development Corp. (FDC) is consolidating its Cebu hospitality assets under subsidiary Filinvest Hospitality Corp. (FHC) through a P2.4-billion…
· 1 min read

Ayala Corp. (AC) saw its first-quarter net income slip 5 percent to P12 billion from a year ago, dragged by weaker property earnings and the absence of last…
· 1 min read

Power supply in the Visayas was tight on Tuesday after the National Grid Corp. of the Philippines (NGCP) placed the region’s grid under yellow alert from 5 to…
· 2 min read

