Meralco is doing it again, raising their generation and distribution charges. As if it’s not enough that the Philippines has the highest electricity rates in Asia, this Lopez-controlled firm wants to hike its prices again by as much as 5 pesos.  We the People should stop this charade. Months ago, they justified their exorbitant prices with [...]

Whatever people say about Winston Garcia (that he’s a slob, a big-time operator, a company raider, etc.), there’s now a big chance for him to win this fight against Meralco. Why? First, Meralco just won the case against GSIS yet the victory seems more pyrrhic than anything. Charges of corruption and high-stakes bribery have tainted the victory. In fact, [...]

At around 2 pm, GSIS President and “coup plotter” Winston Garcia went out of the Meralco building with his tail between his legs. He has been heckled and jeered at by Meralco employees. Last minute dilatory tactics by the government through the SEC has been rebuffed. Voting for the new board has begun. And yet, [...]

Recently, the Lopezes said that there are five foreign firms interested in buying the GSIS stake over at Meralco. In an interview, Meralco President Jesus Francisco intimated to reporters that these foreign companies want to save the Lopezes from the inevitable government takeover come May 27. How true? Well, Oscar Lopez trip to Europe shows how [...]

A day after the denial of her underling, Philippine president Gloria Macapagal-Arroyo went on an offensive, openly declaring war against utility firm, MERALCO. Arroyo mask her intention of raiding this firm through the Energy Regulatory Board (ERB), which she said, should ask or probe MERALCO for raising its electricity rates this month. The timing was [...]