^
+ Follow DANIEL TAGAZA Tag
DANIEL TAGAZA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 406112
                    [Title] => Meralco cleared in estafa case
                    [Summary] => 

Seventeen officials of the Manila Electric Co. (Meralco) were cleared yesterday of syndicated estafa charges involving ...

[DatePublished] => 2008-10-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1805358 [AuthorName] => Non Alquitran [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 81769 [Title] => Meralco refund set in November [Summary] =>

Some 1.8 million residential customers of the Manila Electric Co. (Meralco) will start getting refunds on their meter deposits plus the corresponding interest in November this year.

[DatePublished] => 2008-08-27 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 80885 [Title] => ERC okays Meralco $50-M debt issue [Summary] => [DatePublished] => 2008-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 68381 [Title] => Preliminary probe of estafa vs Meralco set [Summary] => [DatePublished] => 2008-06-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 8882 [Title] => Meralco loses P1.8 B to blackouts [Summary] => [DatePublished] => 2007-07-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 380094 [Title] => Rate increase to boost Meralco’s income this year [Summary] => With a possible rate increase by July this year, Manila Electric Co. (Meralco) expects its income to improve further in 2007, a ranking company official said.

Meralco president Jesus Francisco said they see a "rosy" financial picture as "we should get a rate increase this year".

The power distribution utility has a pending application with the Energy Regulatory Commission (ERC) for a 14-centavo per kilowatt-hour basic rate increase.
[DatePublished] => 2007-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 339502 [Title] => Meralco eyes Napocor generating assets [Summary] => After divesting most of its power generation business more than three decades ago, Manila Electric Co. (Meralco) has revived interest to bid for the generating assets of the National Power Corp. (Napocor).

Meralco chairman and chief executive officer Manuel Lopez told a press conference yesterday that the power firm’s board has seen "the attractiveness of the power generation (business)".
[DatePublished] => 2006-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 288617 [Title] => Meralco posts P1.78B seconds quarter net income [Summary] => Manila Electric Co. (Meralco), the country’s biggest power distributor, bucked higher power purchased costs, weak sales and larger provisioning for losses to post a second quarter net income of P1.78 billion, a hefty increase of 66.3 percent from last year’s net profit of P1.07 billion.

Despite the turnaround in the second quarter, Meralco’s bottom line for the first six months this year at P73.59 million, is still a huge 94.8-percent decline from its net income of P1.47 billion during the same period in 2004.
[DatePublished] => 2005-07-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 283987 [Title] => Meralco customers to feel EVAT by August [Summary] => Manila Electric Co. (Meralco) customers will not immediately feel the impact of the expanded value-added tax (EVAT) which takes effect starting July 1 as the Energy Regulatory Commission (ERC) and the Bureau of Internal Revenue (BIR) have not yet finalized the implementing rules and regulations on the new tax law.

Meralco president Jesus Francisco said the company will not be charging the VAT on the June consumption as Meralco’s billing cycle varies depending on the consumer.
[DatePublished] => 2005-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 283994 [Title] => Meralco sees bleak prospects [Summary] => Manila Electric Co. (Meralco), the country’s biggest power distributor, sees bleak prospects ahead with a feeble economy along with the implementation in July of the last phase of its P30-billion refund to its customers.

At the same time, the imposition of the expanded value added tax (EVAT) may further curtail the electricity consumption of Meralco customers, company officials said.
[DatePublished] => 2005-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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