RLC Partners with Pag-IBIG to Expand Home Loans, Boost Sales
Infrastructure

RLC Partners with Pag-IBIG to Expand Home Loans, Boost Sales

RLC has partnered with Pag-IBIG Fund to expand home loan accreditation across its residential portfolio. This move aims to provide buyers with more favorable financing options, particularly for units nearing turnover, thereby boosting sales.

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  • El Niño Tightens Philippine Power Supply, Raises Price Upside Risk

    The El Niño phenomenon in the Philippines is driving up electricity demand due to extreme heat, impacting the operation of thermal and hydropower plants. This is leading to a tighter power supply and rising prices in the Wholesale Electricity Spot Market (WESM), raising concerns about consumer cost increases.

  • El Niño Threatens Higher Power Rates, Outages in PH

    The Philippines faces potential increases in electricity rates and more frequent power outages due to the impending El Niño, which is expected to boost energy consumption and strain the power system, according to the Department of Energy. The NDRRMC has also expressed concerns.

  • NGCP Defends Against DOE Blame for Visayas Power Alerts

    The National Grid Corporation of the Philippines (NGCP) defended itself against the Department of Energy's (DOE) accusations of delaying ancillary service contracts, which the DOE claims contributed to recent power alerts in the Visayas. NGCP insists its execution timelines are dictated by supplier readiness and technical compliance, pointing to insufficient generation capacity as the root cause.

  • House OKs 30-Year National Infrastructure Master Plan

    The Philippine House of Representatives has approved on second reading a bill to institutionalize a 30-year national infrastructure master plan, aiming to ensure consistent project implementation regardless of political changes and promote long-term development stability.