Meralco has announced an increase in power rates for March in the Philippines, with residential customers consuming an average of 200 kWh per month facing an approximate P129 increase in their electricity bills due to a P0.64 adjustment.

The Export-Import Bank of Korea has signed a tripartite memorandum of understanding with Korea Hydro & Nuclear Power and Manila Electric Company to support nuclear power development in the Philippines.

MANILA, Philippines — Senior Citizens Party-List Rep. Rodolfo Ordanes called out on Tuesday the Batangas II Electric Cooperative (Batelec II) for its allegedly delayed action on the joint venture agreement (JVA) proposal submitted by the Manila Electric Company (Meralco), as the partnership could have addressed the issue of power shortages. In a statement, Ordanes said that