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LAWMAKERS on Thursday denounced the Manila Electric Co. (Meralco) for insisting on implementing a record power rate increase that it has failed to justify before Congress. Sen. Antonio Trillanes 4th warned that government can take over the utility firm if it continues to be insensitive to the plight of power…

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A senior official of the manila Electric Co. (Meralco) admitted the electricity distributor directed power generator Therma Mobile (TMO) to bid out Meralco’s 100 megawatts (MW) at the Wholesale Electricity Spot Market (WESM) for P62 per kilowatt-hour (kWh) when the Malampaya natural gas complex shut down last November. Meralco director…

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Photo by: RUY MARTINEZ PRESIDENT Benigno Aquino 3rd on Tuesday admitted that he met with at least four senators, including Sen. Ramon Revilla Jr., at the time when the Senate was still hearing the impeachment case against then Chief Justice Renato Corona. Besides Revilla, who earlier accused him of “meddling”…

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Meralco’s slogan is “Ang Liwanag ng Bukas” (“The Light of Tomorrow,” according to my somewhat sketchy grasp of the Tagalog language), but it may as well be “Ang Liwanag ng Conspiracy,” or “Ang Liwanag ng We Think the Government and Citizens of the Philippines are Stupid” given the astonishing scam…

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(First Installment) My dear, there are always people who are just a little faster, more brilliant, and more aggressive,” Imelda Marcos in 1979, replying to an American journalist’s question why so many of her relatives and friends had reached the top of business and government. Imelda’s quote was compressed into…

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VATICAN CITY: The Vatican revealed Saturday that nearly 400 priests were defrocked during the pontificate of now pope emeritus Benedict XVI, following an explosion in claims of child sex abuse by clergymen. “In 2012 there were around 100, while in 2011 there were around 300,” Vatican spokesman Federico Lombardi said.…

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A fourth petition contesting Meralco’s P4.15 per kilowatt-hour rate increase has been filed before the Supreme Court. The latest petitioner is former Rep. Augusto Syjuco Jr. of Iloilo, who wants the Court to rule as unconstitutional the order of the Energy Regulatory Commission (ERC) approving the unprecedented rate hike. Rep.…

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THE Manila Electric Co. (Meralco) dictated prices at the Wholesale Electricity Spot Market (WESM) through Therma Mobile’s suspicious biddings when the Malampaya gas complex shut down, an opposition lawmaker said on Thursday. Citing documents from the WESM, Bayan Muna Rep. Neri Colmenares said Aboitiz-owned Therma Mobile sold 100 megawatts (MW)…

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Agents of National Bureau of Investigation (NBI) on Wednesday raided two condominiums at the upscale Bonifacio Global City, popularly known as The Fort, in Taguig City and found what they described as secret laboratories that process shabu smuggled from Mexico. The NBI said P100-million worth of shabu, Ecstasy, and cocaine…

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Saying that electric consumers should not be made to pay for the “wrong decisions” of power producers and distributors, President Benigno Aquino 3rd on Tuesday vowed to take action against unjustified power rate increases. The President said concerned agencies continue their investigation into reports that power companies committed a grave…

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