
Bank lending grows to 12.2%
Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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With the adjustment in place, residential customers consuming 200 kWh will see an increase of about P57 in their monthly bill.
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BKS Green Energy Corp., a unit of Rizal Green Energy Corp. backed by Yuchengco-led PetroGreen Energy Corp. (PGEC) and Japan’s Taisei Corp., is advancing the…
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Meralco customers started the new year with a P0.2189 per kWh reduction in electricity rates, which brought the monthly charge to P11.7428 per kWh from…
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The Bureau of the Treasury (BTr) raised P27.6 billion from Treasury bills (T-bills) auctioned off on Monday as rates declined amid expectations of elevated but…
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At NGCP, the government gains representation through two out of 15 board seats, following an increase in the total seats from 10 to 15
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Synergy Grid and Development Philippines Inc. (SGP) has sealed a historic agreement with the government’s Maharlika Investment Corporation (MIC) for the…
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Universal Music Group, the world’s largest music company, and streaming giant Spotify announced a multi-year direct deal on Sunday that will affect both…
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The Tanawon project involves the construction of a 20-megawatt geothermal power plant inside the Tanawon site at Barangay Bulabog and Barangay Capuy in…
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A lawmaker has threatened to seek the repeal of the National Grid Corporation of the Philippines’ (NGCP) franchise, citing alleged mounting violations and…
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The National Grid Corporation of the Philippines (NGCP) will be at stake of losing its franchise following a House leader’s disclosure on Thursday that he will…
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The National Grid Corporation of the Philippines (NGCP) assured consumers that the integrity of the country’s transmission system is intact even if China’s…
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The House Committee on Legislative Franchises has given the National Grid Corporation of the Philippines (NGCP) one week to submit a copy of its shareholders’…
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Meralco, through VP and Head of Corporate Communications Joe R. Zaldarriaga, also reminded the public to practice energy efficiency ahead of the approaching…
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Major industry players could finally breathe a sigh of relief this year as the Energy Regulatory Commission (ERC) has committed to resolving its long-standing…
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Will rapid growth and aging populations reshape the world as we know it?
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The National Grid Corporation of the Philippines (NGCP) is facing a P15.8-million fine for failing to meet the timelines in delivering 34 of its 37 projects…
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The ERC noted that the approval was granted subject to optimization during the reset process for the subsequent regulatory period
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