Business
Manila Electric Co. (Meralco) will implement a new round of rate hikes in the November billing cycle at P0.4895 per kilowatt-hour. The power distribution giant said this was due to elevated power costs amid a weakening of the Philippine peso and the monthslong war in the Middle East. Meralco said on Friday the overall rate
Inquirer.net
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just now
Business
MANILA, Philippines — Travelers are in for a slight reprieve in the second half of November as the Civil Aeronautics Board (CAB) has approved lower fuel surcharges for the period, following a decline in global jet fuel prices at the start of the month. In an advisory dated Nov. 12, the aviation regulator said a
Inquirer.net
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1h ago
Business
MANILA, Philippines — Travelers get a slight reprieve in the second half of November as the Civil Aeronautics Board (CAB) approved lower fuel surcharges for the period, reflecting the decline in global jet fuel prices. In an advisory, the aviation regulator said a Level 16 fuel surcharge would take effect from Nov. 16 to 30, down
Inquirer.net
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14h ago
Business
Driving this month’s overall rate increase was the generation charge which went up due to higher costs of power suppliers still affected by the peso depreciation and the crisis in the Middle East
Rappler
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19h ago
Business
Customers of the Manila Electric Company (Meralco) should brace for higher electricity bills this month as the power distributor hiked its household rate due to higher generation costs.
GMA News Online
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23h ago
Business
MANILA, Philippines — The Bureau of Internal Revenue (BIR) is eyeing the P3-trillion collection mark before the end of November––a goal that it plans to achieve through stronger tax compliance. On Thursday, the BIR said in a statement that it collected P2.8 trillion in the first 10 months, up 5.63 percent from the comparable period in
Inquirer.net
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1d ago
Business
MANILA, Philippines — Consumers in Luzon may see an increase in their power bills this month as the electricity prices traded at the spot market surged by 51.2 percent to P7.83 per kilowatt-hour (kWh). On Wednesday, Independent Electricity Market Operator of the Philippines’ (IEMOP) data showed that Luzon’s supply dipped by 0.9 percent to 14,972 megawatts
Inquirer.net
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2d ago
Business
The Bureau of Internal Revenue (BIR) on Wednesday announced that the deadlines for filing of tax returns and tax payments in Metro Manila due on November 16 to 18, will be extended to November 19 amid the ASEAN Summit and Related Summits 2026.
GMA News Online
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2d ago
Business
Flag carrier Philippine Airlines (PAL) is expanding its footprint in the United States with the launch of its first nonstop service between Manila and Chicago.
GMA News Online
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2d ago