DTI Opposes Meralco Hike

October 30, 2008 · Posted in Philippine News · Comment 

The Department of Trade and Industry (DTI) will oppose the Energy Regulatory Commission (ERC) ruling allowing Manila Electric Company (Meralco) to raise its rates as much as 36 percent. Presidential Management Staff (PMS) head Cerge Remonde said that the DTI is preparing a motion for reconsideration to the issue, but declined to elaborate.
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