MORE Power expansion spurs transfers
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MORE Electric and Power Corporation
Latest Daily Tribune news and analysis on MORE Electric and Power Corporation.
Iloilo power rates drop in December
MORE Power said the lower rates were driven mainly by reduced electricity demand, which increased supply margins and pushed down prices at the Wholesale…
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Samsung’s P50.7-B PH expansion wins CREATE MORE nod
Samsung Electro-Mechanics Philippines Corporation secures P50.7-billion expansion under CREATE MORE Act, creating over 3,500 jobs and boosting local…
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Samsung to invest P50.7B in Phl under CREATE MORE Act, generating 3,500 jobs
The Marcos administration secures a P50.7-billion investment from Samsung Electro-Mechanics under the CREATE MORE Act, expected to create over 3,500 jobs and…
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MORE Power marks achievements under 5-year roadmap
MORE Electric and Power Corp. (MORE Power) President Roel Z. Castro highlights major gains under the firm’s five-year roadmap — cutting system losses to 4.7%,…
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MORE Power cuts Iloilo’s system loss under five-year roadmap
MORE Power President and CEO Roel Z. Castro reported a 24% drop in Iloilo City’s system loss and major operational gains since 2020, with plans to expand into…
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Japanese firm taps create more for P4B Phl retirement venture
Japanese firm Nambu Co. Ltd. to invest P4B in building 10 retirement facilities in the Philippines, boosting eldercare jobs and positioning the country as a…
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MORE Power announces slight July rate hike
MORE Power raised its residential electricity rate to ₱10.6149 per kWh this July, citing higher transmission charges. The adjustment comes as Meralco also…
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MORE Power energizes Arevalo Site to reduce outages, decongest grid
MORE Power energizes its Arevalo Mobile Substation to improve grid reliability and ease the load on nearby substations, reducing outages and meeting Iloilo's…
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MORE Power’s expanded franchise upheld with finality by SC
The Supreme Court has denied with finality all motions challenging MORE Power’s franchise expansion in Iloilo, affirming the constitutionality of Republic Act…
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Iloilo rates drop on MORE Power supply deals
MORE Power has reduced electricity rates in Iloilo City to P11.3263/kWh, the lowest in Western Visayas, due to long-term power supply deals covering 66% of its…
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MORE energizes Iloilo’s transformation
‘I don’t want to preempt because we have a planning [session] coming soon, but there have been recommendations — and one of those was the improvement in the…
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80 Korean firms lured by CREATE MORE perks
A total of 80 South Korean companies graced the Road Show initiated by the Philippine government in Seoul, aimed at enticing more foreign investors following…
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Trump tariff seen costing Phl P94.5B
Weak dollar inflows might depreciate the peso, increasing the cost of imports and fueling inflation, though it could also make exports more competitive if…
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MORE Power slashes March power rates
Iloilo City residents will see lower electricity bills this March as MORE Power announces a P0.7836 per kWh rate reduction, driven by optimized energy…
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Samsung bets P50B amid Seoul stock woes
They’re applying under the incentives for CREATE and many more
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A new sunshine light for Purok Sunflower in Bago city
After years of living without electricity, the residents of Purok Sunflower in Barangay Binubuhan are now able to enjoy the convenience and safety of modern…
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