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By Neil Jerome Morales
By Neil Jerome Morales
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Meralco customers projected to save 18¢ per kwh
by By Neil Jerome Morales - November 16, 2012 - 12:00am
Manila Electric Co. (Meralco) said customers will save around 18 centavos per kilowatt-hour (kwh) in their bills as new power supply agreements (PSAs) forged with generators will ensure that the power utility giant...
Alliance Select turns around with $1.6-M profit
by By Neil Jerome Morales - November 11, 2012 - 12:00am
Listed tuna and salmon processor Alliance Select Foods International Inc. turned around to a profitable performance in January to September this year on record sales.
Phoenix Petroleum to raise P2.5 B via notes
by By Neil Jerome Morales - November 9, 2012 - 12:00am
Davao-based oil firm Phoenix Petroleum Philippines Inc. said it will raise as much as P2.5 billion through the issuance of corporate notes this month.
Power rates go up this month
by By Neil Jerome Morales - November 9, 2012 - 12:00am
Households in Metro Manila and nearby regions may have to pay more for electricity this month on account of higher generation charge last month.
MPIC net income up 22% in Q3
by By Neil Jerome Morales - November 8, 2012 - 12:00am
The strong performance of all its operating units allowed Metro Pacific Investments Corp. (MPIC) to grow its earnings by more than a fifth in the third quarter.
STI on lookout for new school acquisitions
by By Neil Jerome Morales - November 8, 2012 - 12:00am
STI Education Systems Holdings Inc. (formerly JTH Davies), fresh from a successful follow-on offering of its shares, is on the lookout for school acquisitions to expand the company’s academic portfolio and...
STEAG restarts power plant
by By Neil Jerome Morales - November 6, 2012 - 12:00am
STEAG State Power Inc. has completed and resumed the operations of a 105-megawatt (MW) unit of its coal-fired power plant in Misamis Oriental.
Gas prices rolled back
by By Neil Jerome Morales - November 6, 2012 - 12:00am
Major and independent oil firms have cut local pump prices marginally due to softening prices abroad.
Meralco maintains system loss below gov’t cap
by By Neil Jerome Morales - November 4, 2012 - 12:00am
Manila Electric Co. (Meralco), the country’s largest power distributor, has maintained a system loss rating well below the cap set by regulators.
ERC approves SMC, Meralco supply contracts
by By Neil Jerome Morales - November 2, 2012 - 12:00am
The Energy Regulatory Commission (ERC) has approved two power supply contracts involving conglomerate San Miguel Corp. (SMC) and Manila Electric Co. (Meralco).
Alcorn Gold to focus on new business
by By Neil Jerome Morales - October 31, 2012 - 12:00am
Alcorn Gold Resources Corp., controlled by Puregold owner Lucio Co, will focus on being a holding firm to facilitate the infusion of new businesses.
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