Lawmaker warns Meralco could lose franchise
MANILA, Philippines—Amid recent accusations piled up against the Manila Electric Co. (Meralco), a lawmaker warned that the power distributor’s franchise may be canceled due to an alleged failure to submit regulatory reports on time. At a recent public hearing conducted by theHouse Committee on Legislative Franchises, Surigao del Sur Rep. Johnny Pimentel (second district) said
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