Article: BRIEFING - ASIA RETAIL - AUG 7, 2009.

An executive briefing on retail for Aug 7, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

CUSTOMERS OF PHILIPPINES' MERALCO TO GET LOWER POWER BILLS

MANILA - Power users within the franchise area of Philippine distribution giant Manila Electric Company (Meralco) (PSE:MER) is getting another reduction in their electricity bills following a drop in the generation charge this month.

Meralco Vice-President for Utility Economics Ivanna dela Pena said lower wet season rates of the National Power Corporation (Napocor) and the higher ...

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