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Saturday, June 07, 2008

 

Refund meter deposits–ERC

Meralco, other utilities have until November to comply

The Energy Regulatory Commission has ordered private distribution utilities, or DUs, which include giant utility Manila Electric Co. (Meralco), to refund with interests their customers’ deposits for electric meters by November this year.

In a decision, the regulatory commission approved the rules requiring the refund of meter deposits to customers of power utilities not later than six months from its effectivity for the DUs, and within two years in the case of non-stock and non-profit electric cooperatives, or ECs.

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O T H E R   R E P O R T S

 

The Philippine economy is likely to expand in the second quarter of the year as the composite leading economic indicator movement recorded at a faster pace, the National Statistical Coordination Board said Friday.

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Anwar Ibrahim said on Friday that Malaysia should rejoin the International Monitoring Team (IMT), which is helping keep peace between the Philippine government forces and the Moro Islamic Liberation Front (MILF) in Mindanao.

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President Gloria Arroyo on Friday signed a new law aimed at bringing down prices of medicines by encouraging more competition in the local market through parallel importation of cheaper but quality drugs.

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The Sandiganbayan First Division on Tuesday ruled as “final and executory” the conviction for homicide of ex-Capt. Reynaldo Jaylo, former chief of a government group running after illegitimate job recruiters.

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The buying power of Filipino consumers fell sharply in May on higher prices of food and fuel, data from the National Statistics Office showed.

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Senators led by Sen. Juan Ponce Enrile berated foreign businessmen under the umbrella of the Joint Foreign Chambers for writing a letter to President Gloria Arroyo opposing any amendment to the Electric Power Industry Reform Act...

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GEMS OF HISTORY

Through the materials provided to us by Shi Yang, Philippine Studies instructor at the Foreign Language Institute of Peking University, we were able to trace what could be the first Chinese translation of Jose Rizal’s last poem, “Mi Ultimo Adios (My Last Farewell),” and its translator.

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Severino O. Frayna Jr., Benjie Dela Rosa
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