Whenever I think of buying something, I try to be guided by the question “Do I really need it?” Almost always, the answer is “I don’t need it.” Not need in a physical, survival, existential sense, as I do have my basics covered. But for some reason or other, I want it. Want not necessarily...
(Second of two parts) In its preliminary review, the Energy Regulatory Commission (ERC) disallowed the expenses of National Grid Corporation of the Philippines (NGCP) amounting to P3.7 billion, which it said were “improperly documented or not recoverable for customers.” The biggest items disallowed were for public relations, corporate social responsibility (CSR), and advertising expenses. NGCP’s...
(First of two parts) The Supreme Court petition filed by National Grid Corp. of the Philippines (NGCP) to halt a long-delayed review of its rates could keep power costs high and delay potential refunds to consumers. NGCP is a private monopoly that operates the country’s power transmission lines, or the grid linking power generators to...