Philippines Loading date... Loading time...

Tag: down

  • Meralco rates to go down by almost P2 per kWh in June

    RESIDENTIAL CUSTOMERS served by Manila Electric Co. (Meralco) will see a nearly P2 per kilowatt-hour (kWh) reduction in their electricity bills this month, instead of the previously announced rate hike. Meralco made the announcement after the Energy Regulatory Commission (ERC) ordered all distribution utilities and electric cooperatives to implement a…

  • Lower rice tariffs to bring down retail prices as early as July

    THE GOVERNMENT’S move to slash tariffs on imported rice could bring down average retail prices by P6-P7 per kilo as early as July, the Department of Agriculture (DA) said on Wednesday. “The potential price reduction will be between P6 and P7 per kilo… In a month’s time we can expect…

  • Sofitel Philippine Plaza Manila to shut down for good in July

    Sofitel Philippine Plaza Manila will cease operations starting July 1, according to the hospitality group Accor. “The hotel has announced that it will close and cease operations starting July 1, 2024,” Accor told BusinessWorld in a Viber message on Friday. “This decision comes as part of our ongoing commitment to…