^

Business

ERRATUM

The Philippine Star
August 29, 2014 | 12:00am

MANILA, Philippines - In reference to the article published on Aug. 27 regarding the Energy Regulatory Commission’s refund order on National Grid Corp. of the Philippines, please note that the ERC ordered the NGCP to refund its customers in Mindanao P12 million and not P12 billion as erroneously reported. Thus, NGCP can implement the refund order by paying P1.05 million, not P1.05 billion, a month. We apologize for the typo error.

vuukle comment

APOLOGIZE

BILLION

ENERGY REGULATORY COMMISSION

MILLION

MINDANAO

NATIONAL GRID CORP

NGCP

ORDER

P12

REFUND
  • Latest
  • Trending
Trending
Latest
Trending
abtest
abtest

New normal, new solutions

By Joe Zaldarriaga | 16 hours ago
Typhoon Marce (international name Yinxing) has entered the Philippine Area of Responsibility and is projected to follow a similar path as Typhoons Leon (Kong-Rey) and Kristine (Trami). The state weather bureau, PAGASA,...
Business
fbtw
Looming Trump victory rattles Philippine investors

Looming Trump victory rattles Philippine investors

By Elijah Felice Rosales | 16 hours ago
Investors have sent a clear message of wariness about the impact of a second Trump presidency, going on a selloff spree on...
Business
fbtw
Office vacancy rate hits 20-year high

Office vacancy rate hits 20-year high

16 hours ago
Metro Manila’s office vacancy rate in the third quarter hit its highest level in 20 years as firms streamlined office...
Business
fbtw
Q2 GDP growth revised upward

Q2 GDP growth revised upward

By Louella Desiderio | 16 hours ago
The Philippine economy expanded at a slightly faster rate than initially reported in the second quarter, according to the...
Business
fbtw
‘BSP may pause rate cuts amid peso weakness’

‘BSP may pause rate cuts amid peso weakness’

By Keisha Ta-Asan | 16 hours ago
The Bangko Sentral ng Pilipinas may opt for a temporary pause in cutting borrowing costs next month if the Philippine peso...
Business
fbtw
Latest
abtest
Across the board growth lifts SMFB profit to P30 billion

Across the board growth lifts SMFB profit to P30 billion

By Elijah Felice Rosales | 16 hours ago
San Miguel Corp.’s food unit delivered a profit of P30.4 billion in the nine months to September, boosted by consumer...
Business
fbtw

Agricultural, fisheries output further contract in Q3

By Jasper Emmanuel Arcalas | 16 hours ago
The country could miss its target growth rate for the agriculture and fisheries output this year after a prolonged dry spell and devastating typhoons dragged down local production in the third quarter to its steepest...
Business
fbtw

Energy issues from the US elections, The Freeman Cebu forum

By Bienvenido Oplas Jr. | 16 hours ago
Central Visayas is the third-largest or richest region in the Philippines after Metro Manila. In 2023, its regional domestic product was P1.58 trillion, following CALABARZON’s P3.44 trillion and Central Luzon’s...
Business
fbtw
GCash to expand in 10 more key markets overseas

GCash to expand in 10 more key markets overseas

By Rica Delfinado | 16 hours ago
More overseas Filipinos can soon download and use GCash using their local mobile phone numbers in the countries or territories...
Business
fbtw

ALI boosts profit by 15% in 9 months

By Richmond Mercurio | 16 hours ago
Earnings of property giant Ayala Land Inc. increased by 15 percent to P21.2 billion in the nine months ending September, driven by resilient property demand and consumer a
Business
fbtw
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with