Philippine President Ferdinand Marcos Jnr promised Filipinos lower electricity rates, which are among the highest in Asia.  Photo: AP
Philippine President Ferdinand Marcos Jnr promised Filipinos lower electricity rates, which are among the highest in Asia. Photo: AP

Philippines’ President Ferdinand Marcos Jnr urges court to reconsider ‘unfortunate’ Manila power deal

  • Court allowed South Premiere Power to suspend a power supply agreement with Manila Electric Company after regulator prevented them from raising tariffs
  • Decision raises the possibility of electricity rate hikes in the capital, which would have an ‘extremely deleterious effect’ on Filipinos, Marcos said

Philippine President Ferdinand Marcos Jnr promised Filipinos lower electricity rates, which are among the highest in Asia.  Photo: AP
Philippine President Ferdinand Marcos Jnr promised Filipinos lower electricity rates, which are among the highest in Asia. Photo: AP
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