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ERC okays lower Meralco rates starting July

MANILA (PNA) — The Energy Regulatory Commission (ERC) on Thursday approved the provisional decrease in Manila Electric Company’s (Meralco) distribution charge starting July. In a decision, the regulator said the distribution charge will be at an average of P1.56 kilowatt per hour (kWh), lower compared to its current P1.65/kWh level. ”This translates to a reduction of P0.0851 on the average,” ERC Executive Director lawyer Francis Saturnino C. Juan told PNA. The order requires Meralco to […]

EU gives another 30 million euros for “Yolanda”- recovery assistance

MANILA (PNA) — The Philippines has received another EUR 30 million worth of financial assistance from the European Union (EU) for the reconstruction program in areas affected by typhoon ‘Yolanda’. In her visit to the Philippines until Thursday, EU Commissioner for International Cooperation, Humanitarian Aid and Crisis Response Kristalina Georgieva said the EUR 30-million grant is an expression of continued support of EU to the Philippine government to help the victims of the super typhoon. […]

President Aquino stresses need to do more to reduce climate change risks

By Azer N. Parrocha MANILA, June 5 (PNA) — With tragedies caused by climate change becoming more frequent, devastating and larger in scale, President Benigno S. Aquino III on Thursday stressed the need to do more to reduce the risks due to natural disasters. Speaking before delegates at the Asia-Europe Meeting (ASEM) Manila Conference on Disaster Risk Reduction and Management held at the Diamond Hotel, the President said it is about time the government be […]