"The Meralco or Manila Electric Company and former Manila Electric Railroad And Light Company is a private company in the Philippines to manage the distribution of electricity in Metro Manila and nearby provinces like Rizal and Cavite  . Currently, 22 cities and 89 municipalities held Meralco in response to the need for electricity or electricity. Meralco runs the first 1903 to the present. 105 years service they provide to the Filipinos .
While watching the news, one of the banner stories I saw was that Meralco is set to launch its prepaid services soon. I did some Googling and found that the Meralco prepaid-electricity scheme works like the mobile-phone loading system. A consumer provides a sari-sari store or any prepaid outlet his subscriber information number and the amount is loaded to that number via text message.
Meralco conducted a study and found that most of customers showed their preference for prepaid electricity, saying the managed appliance use matched their household expense with their income.
The said research also showed that the prepaid system, which is like buying tingi, is ingrained in the Filipino lifestyle. The study noted that, since many wage earners receive daily or weekly pay, they prefer their expenses—from mobile phones to Internet and electricity —to be also on a tingi basis. It was also revealed that consumers were interested in the prepaid system because it serves as a budget tool that teaches household members to save and share expenses.
I personally think it’s a great mechanism in order to make electricity more widely available (since Meralco will be rolling out around 4,000 new meters for this project); affordable for most people, since a prepaid system can really help in budgeting the household income; and, easily accessible because anytime one needs electricity, all she/he needs to do is go to the suking tindahan and say “Pa-load nga po ng kuryente!..."^ ^;...
Monday, 12:49 PM
At: 38 Unit, PHILIPPINES
Maynilad Water Services, Inc. (Maynilad) is the water and wastewater services provider for the 17 cities and municipalities that comprise the West Zone of the greater Metro Manila area.
In 1997, the company was granted a 25-year exclusive concession by the Philippine Government, through the Metropolitan Waterworks and Sewerage System (MWSS), to operate, maintain and invest in the water and sewerage system in Caloocan, Las Piñas, Malabon, Manila, Muntinlupa, Navotas, Pasay, Parañaque, Valenzuela,parts of Quezon City, a part of Makati; the cities of Bacoor, Cavite and Imus, and the municipalities of Kawit, Noveleta and Rosario all in the Cavite Province.
Maynilad went through a change of ownership on January 24, 2007, with the consortium of DMCI Holdings, Inc. (DMCI) and Metro Pacific Investments Corporation (MPIC) winning 84% of the water company’s shares in a public bidding.
Vision, Mission and Corporate Values
We are the leading water solutions company in the Philippines with a strong presence across Asia.
We provide safe, affordable, and sustainable water solutions that enable those we serve to lead healthier, more comfortable lives
Honesty and Integrity
We deal with our stakeholders with honesty and integrity. We will always do what is right and fair for the sake of our customers, shareholders and the environment
We consider our customers as our growth partners. Only by providing them with affordable, high-quality water solutions can we continue generating value for our company and shareholders
We encourage creative thinking and deliberate execution. We expect our people to manage our company's resources with a strong sense of initiative, ownership, and accountability in order to balance the needs of our customers with those of our other stakeholders
Commitment to Excellence
We view excellence as a means and not an end. To maintain our operational efficiency and industry leadership, we push our people to excel by being diligent and innovative in their work
We value our people and consider their success as our own. This is why we provide them with the support, responsibilities, and opportunities that will allow them to develop individually and with the company
Love for Country
We actively partner with the public sector so that we can provide even more Filipinos with water solutions that will spur national development and secure the environment."^ ^;...
Monday, 12:54 PM
At: 38 Unit, PHILIPPINES