MANILA, Philippines — Customers of the Manila Electric Co. (Meralco) will see higher electricity bills this month after the power distributor announced on Monday a rate increase of 23 centavos per kilowatt hour (kWh). This will bring the overall rate for a typical household to P13.3182 per kWh, up from P13.0851 per kWh in September.
Category: economy
PM welcomes Gaza ceasefire, says India backs President Trump`s peace efforts
India has expressed support for President Trump’s efforts to bring lasting peace to the Middle East. On October 4, PM Modi had stated that India would continue to support all efforts aimed at a durable and just peace.
WR temporarily stops sale of platform tickets at 4 stations amid festive rush
An official statement said that to manage expected crowding during the upcoming festive season, Western Railway has announced temporary restrictions on the sale of platform tickets at select major stations in the Mumbai Central Division.
米産牛肉 供給減り岐路 最大産地・南部テキサス州の町ルポ
米産牛肉 供給減り岐路 最大産地・南部テキサス州の町ルポ
‘Income has stopped’: Minister Suresh Gopi wants to resume acting
Union Minister of State Suresh Gopi has expressed his desire to return to acting, citing a sharp decline in his income since assuming the ministerial role.
US set to charge fees on Chinese ships in a bid to save shipyards
NEW YORK, United States – An escalating trade war between China and the United States faces another flashpoint Tuesday when Chinese ships will be required to start paying a special fee to dock at US ports. The move announced by the US Trade Representative (USTR) in April triggered reciprocal measures from Beijing, which will impose
China vows to stand firm against Trump’s tariff threat
BEIJING, China — China signaled on Sunday that it would not back down in the face of a 100% tariff threat from President Donald Trump and urged the United States to resolve differences through negotiations instead of threats. Trump responded by taking a less confrontational approach without retreating from his demands, while his vice president seemed to
13日閉幕の万博、分かれた恩恵 各地で参加国と交流の一方、誘客は大阪に集中
13日閉幕の万博、分かれた恩恵 各地で参加国と交流の一方、誘客は大阪に集中
Bad bank loans climbed to nine-month high in August
Bad loans in the Philippine banking system climbed to a nine-month high in August, as lenders—squeezed by narrower margins from falling interest rates—may have turned to riskier retail borrowers in search of higher returns. Latest data from the Bangko Sentral ng Pilipinas showed that nonperforming loans (NPL), or debts overdue by at least 90 days
PNB Holdings bets on IT-BPM, lifestyle retailers
The real estate spinoff firm of Philippine National Bank (PNB) is pinning its hopes on the rapidly growing IT and business process management sector (IT-BPM) as well as lifestyle-oriented brands. This, in hopes of maintaining high occupancy in its properties and differentiating itself from its competitors. Joselito Consunji, COO of PNB Holdings Corp. (PHC), told