Mindanao Consumers paying too ...

Sep 17, 2018 by

Consumers in Mindanao who are supplied by coal power plants have been paying too much for their electricity. The reason is that distribution utility companies (electric cooperatives and investor-owned DU’s) have been imprudent in contracting for power supply from coal power plants. For instance, MORESCO2 in Northern Mindanao paid probably the highest rate of around P21.00 per kilowatt-hour (kWh) for their loads in excess of the base load requirements in July 2018. That’s because MORESCO2 used power from the FDC Misamis coal plant to supply their intermediate and peaking loads. (This is termed “above-baseload” power supply in the simulation. Please refer to the Table: Cost of Coal Power Supplied to MORESCO 2 Consumers, July 2018).

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Jul 7, 2018 by

PUBLIC ADVISORY: All Smart, TNT and Sun Prepaid Loads now have One-Year Validity Period

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Cebu Pacific upgrades PH air f...

Jul 4, 2018 by

Manila, July 2, 2018 – Leading Philippine carrier Cebu Pacific (PSE: CEB) has signed an agreement with Switzerland-based IPR Conversions Ltd to convert two of its ATR 72-500 passenger aircraft into freighter aircraft. This will make Cebu Pacific the only passenger airline in the Philippines currently with dedicated cargo planes.

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Megaworld Opens P5-B Savoy Hot...

Jul 2, 2018 by

Property giant Megaworld opened its second Savoy Hotel in the 25-hectare Newport City in Pasay City yesterday, June 28.

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Cebu Pacific moves internation...

Jul 1, 2018 by

CEBU, PHILIPPINES – Cebu Pacific Air (PSE: CEB) will begin operating its international flights to and from Cebu from the Mactan-Cebu International Airport (MCIA) Terminal 2 (T2). Domestic flights to and from Cebu will be retained at the MCIA Terminal 1 (T1).

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Go Hotel Iligan opening reset ...

Jun 28, 2018 by

The opening of what would be Iligan City’s biggest hotel has been reset to the last quarter of 2018 due to issues arising with the project’s contractor. “We have had some issues with the contractor but that has now been resolved and we hope we can open Go Hotel Iligan before the end of the year,” said Elizabeth D. Gregorio, general manager of Robinsons Hotels and Resorts, a subsidiary of Robinsons Land Inc. (RLC) which operates the group’s Summit Hotels and Resorts, and Go Hotels.

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