System Loss, China Loan, PPC

1. ERC lowers system loss cap to 6.5%  from 8.5% for 2018. The cap will be further lowered gradually until it reaches 5.5% in 2021.

Notes: MER's system loss performance is 6.05%. While AP...two of it's power distribution firms has higher than 6.5%....Catobato Light (8.34%), Davao Light (7.18%)...AP may get affected right away...in the long term...both company will be affected...requiring more investment to improve the loss....hmmmm.

Notes: I think they can still make up using other power generation revenues and increasing power consumption...but still loss is loss...TT

2. Government will pursue loans from China despite its price tag of 2-3 percent per annum, even if Japan can offer funding at interest rates between 0.25-0.75 percent.

Notes: Nothing free ha...but can i borrow with that interest rate personally? :)

3. Pryce Properties Corp. (PPC) is building at least 15 new LPG refilling plants in Visayas and Mindanao to make its products closer to consumer markets. All the expansion projects will be finished till 2019.

Notes: It recorded a good income/revenue in 2017. VisMin's volume growth was 22%..while Luzon was 4%..Is it because of PPC's market share or...general volume growth...maybe both.