Tag: almost
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Meralco rates to go down by almost P2 per kWh in June
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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…
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March factory output falls, steepest in almost 2 years
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PHILIPPINE FACTORIES posted their worst performance in 23 months after output fell by 0.8% in March, according to the local statistics agency. This was a reversal of the 7.2% growth in February, based on the results of the Philippine Statistics Authority’s (PSA) Monthly Integrated Survey of Selected Industries. Factory output…