Dec 282013
 
PEDC lights up Iloilo

MANILA, Philippines – The province of Iloilo was spared from power outages during the Christmas season, even as some areas in Leyte and Samar are experiencing rotating power outages as full restoration of electricity continues, according to power distributor Panay Energy Development Corp. (PEDC). City centers of some 320 municipalities in the two provinces are already connected to the grid as Energy Secretary Carlos Jericho Petilla imposed a Dec. 24 deadline for the restoration of electricity in the said areas. Although there were three municipalities that were not energized on Dec. 24, they have now been energized. These are the municipalities of Salcedo, Mercedes and Guian in Eastern Samar. Cebu has reportedly been experiencing daily rotational brownouts ranging from one to two hours, PEDC said. PEDC is a subsidiary of Global Business Power Corp., the power generation arm of the Metrobank Group led by taipan George Ty. Global Business is a member of the GT Capital Group of Companies, a member of the GT Capital Group. In an advisory, PEDC said the Panay Electric Company, Inc. (PECO), which is connected to PEDC, continues to provide stable power supply to residents of Iloilo despite the onslaught of Super Typhoon Yolanda. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The franchise area of Panay Electric Company, Inc. (PECO) is located around Iloilo City. PECO customers are those who are enjoying uninterrupted power supply this Christmas season, PEDC said. “Apart from stable supply, Iloilo City also enjoys reasonably priced electricity,” PEDC said.

Feb 282013
 
Drilon denies backing LP slate to reclaim Senate presidency

Participants wear colorful nature-inspired costumes during a parade for the Caracol festival in Makati city, metro Manila February 24, 2013. The annual Caracol festival, the “Mardi Gras of Makati”, is held as a tribute to mother nature. (MNS photo) MANILA, Feb 25 (Mabuhay) – Senator Franklin Drilon denied on Monday that he is earnestly seeking the election of all Liberal Party (LP) senatorial candidates so that he can reclaim the Senate presidency. “I will not dignify those statements because I am not a candidate [but] they are barking up the wrong tree,” Drilon said in a statement. He issued the statement after United Nationalist Alliance (UNA) secretary general and Navotas Rep. Toby Tiangco said the 12-0 aim of LP is not for President Benigno Aquino III but for Drilon, who had served as Senate president from 2001 to 2006. “The cat is finally out of the bag. Now we know that the motivation is pure lust for power, and not selfless support for the President,” Tiangco said in a statement over the weekend. “We also know why Senate President [Juan Ponce] Enrile is being targeted by the LP and their operators. It is in the service of Drilon’s ambition to reclaim the Senate presidency which he held during the Arroyo administration,” he added. When the 16th Congress opens sessions in late June, Enrile will no longer be the Senate  chief since his term would have expired by then. In January, Enrile offered to vacate his post, only to be retained Read More …