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Manila Electric Co.

Coverage of Manila Electric Co. in the Nexus archive.

Earliest in view: Jul 30 · 06:17 UTCMost recent: Aug 3 · 10:58 UTC
Co-mentioned in this coverage
Philippinesplace1excess chargestopic1power charge elimination proposaltopic1market capitalizationtopic1
Recent coverage
  • BUSINESSAug 3 · 10:58 UTCBLOOMBERG
    Top Philippine Power Retailer to Refund $156 Million to Clients

    Manila Electric Co., the Philippines’ largest power distributor, was ordered by the regulator to refund 9.5 billion pesos ($156 million) to customers due to excess charges.

  • BUSINESSJul 30 · 06:17 UTCBLOOMBERG
    Manila Electric Loses $2 Billion Value as Reform Plan Weighs

    Manila Electric Co. shares fell for a fourth day, wiping out $2 billion in market value as concerns grew over a proposal to remove a power charge that could reduce the company's earnings. The decline erased 127 billion pesos in market capitalization.