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+ Follow CURRENCY EXCHANGE RATE ADJUSTMENT Tag
CURRENCY EXCHANGE RATE ADJUSTMENT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1412220
                    [Title] => Maynilad submits staggered fee hike schedule
                    [Summary] => 

Metro Manila West Zone water concessionaire Maynilad Water Services has submitted to the Metropolitan Waterworks and Sewerage System (MWSS) its proposal for a staggered implementation of the increase in it basic charge as awarded post-arbitration.

[DatePublished] => 2015-01-13 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 464361 [Title] => Meralco power rates to go down this month [Summary] =>

MANILA, Philippines - The Manila Electric Co. (Meralco) is cutting power rates this month based on the lower cost of power bought from independent power producers (IPP).

[DatePublished] => 2009-05-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 259531 [Title] => Rate hike ng Meralco ibinasura ng CA [Summary] => Ibinasura ng Court of Appeals (CA) ang desisyon ng Energy Regulatory Board (ERC) na nagbibigay pahintulot sa rate adjustment ng Manila Electric Company (Meralco).

Sa 32-pahinang desisyon ng CA 15th Division, ipinawalang-saysay nito ang ipinalabas na desisyon ng ERC noong March 20, 2003 at May 30, 2003. [DatePublished] => 2004-07-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [3] => Array ( [ArticleID] => 197997 [Title] => New recovery scheme for power backed [Summary] => Energy Secretary Vincent S. Perez is in favor of the new recovery mechanism for fuel and power costs as well as foreign exchange costs approved recently by the Energy Regulatory Commission (ERC).

Perez said this new recovery mechanism will provide strict safeguards to protect the interest of electricity consumers.
[DatePublished] => 2003-03-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 162698 [Title] => PPA 'di karagdagang kita sa Meralco [Summary] => Siniguro ng Energy Regulatory Commission (ERC) na ang ipinapataw na Purchased Power Adjustment (PPA) ay hindi nangangahulugang karagdagang kita ito ng mga power distribution companies tulad ng Manila Electric Company (Meralco).

Sinabi ng ERC, ang ipinapataw na PPA ay isang simpleng pamamaraan lamang upang mabawi ang mga pagtaas sa gastusin at ang formula na inaprubahan sa pagkuwenta ay ginawa para masigurong hindi ito magagamit bilang additional profit o income sa mga power distributors.
[DatePublished] => 2002-05-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [5] => Array ( [ArticleID] => 161035 [Title] => Workers press water rate hike suspension [Summary] => One of the country’s biggest labor unions warned Malacañang yesterday workers will take to the streets to demand a salary increase if Metro Manila’s two water concessionaires are not stopped from raising their rates.

The moderate Trade Union Congress of the Phi-lippines (TUCP) also asked the Senate to investigate if the Metropolitan Waterworks and Sewerage System (MWSS) had committed any wrong in giving out water concessions to Manila Water Co. (MWC) and Maynilad Water Services Inc. (MWSI).
[DatePublished] => 2002-05-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097338 [AuthorName] => Mayen Jaymalin [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 160078 [Title] => A divided nation [Summary] => Never in the history of our country has our sense of national unity been eroded at such a disturbing and critical level. Despite repeated calls from concerned citizens for our political leaders to get together and act as one in pushing our country forward, nobody seems to be listening. In fact, everyone seems to be at war.
* * *
Look at that political summit that should have brought all political parties and groups together to plan on how to work hand in hand in nation-building. [DatePublished] => 2002-05-08 00:00:00 [ColumnID] => 133215 [Focus] => 0 [AuthorID] => 1189692 [AuthorName] => Art Borjal [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [7] => Array ( [ArticleID] => 159985 [Title] => PPA does not mean profits, assures ERC [Summary] => The Energy Regulatory Commission (ERC) has assured the public that the cost adjustment mechanisms in the power rate will not mean additional profits for power distribution companies.

In a primer for public distribution, the ERB attests that "the purpose of the cost adjustment mechanisms is simply to recover increases in costs, and the formula approved for computing the same are so designed so as not to allow additional profit or income to the electric power utilities."
[DatePublished] => 2002-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 155224 [Title] => Miitant groups hit power rate hike [Summary] => Militant groups warned yesterday of massive protests against the Arroyo administration if the Manila Electric Co. (Meralco) pushes through with a proposed 116 percent or P3.97 per kilowatt hour (kwh) increase in power rates.

Meralco president Jesus Francisco was quoted as saying their petition with the Energy Regulatory Commission (ERC) was for an increase of 30 centavos per kilowatt hour.

The petition has been pending since it was filed in April 2000, he added.
[DatePublished] => 2002-03-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097177 [AuthorName] => Katherine Adraneda [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [9] => Array ( [ArticleID] => 97264 [Title] => Arroyo not being hard on Maynilad, says Tiglao [Summary] => President Arroyo has ruled that Maynilad Water Resources Inc. should bear the consequences of their concession contract and should not pass on their foreign exchange loses to consumers through water rate hikes, Presidential spokesman Rigoberto Tiglao said yesterday.

Tiglao, however, assured Maynilad that President Arroyo has allowed a government bail-out of the financial-strapped firm by suspending their payment of concession fees to the Metropolitan Waterworks and Sewerage System (MWSS).
[DatePublished] => 2001-06-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804833 [AuthorName] => Marichu A. Villanueva [SectionName] => Metro [SectionUrl] => metro [URL] => ) ) )
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