The National Grid Corp. of the Philippines (NGCP) has emerged victorious in its arbitration case against state-run National Transmission Corp. (Transco) and Power Sector Assets and Liabilities ...

On the main issue, the Arbitral Tribunal declared that the transmission operator’s P57.88-billion prepayment made in 2013 was valid. The tribunal rejected PSALM and TransCo’s claims that NGCP ...

The National Grid Corp. of the Philippines (NGCP) has won its arbitration case against state-run Power Sector Assets and Liabilities Management Corp. (PSALM) and the National Transmission Corp.

The tribunal ruled in NGCP’s favor on several key points, including the validity of a P57.88 billion ($1.16 billion ... The tribunal rejected claims by PSALM and TransCo that NGCP breached nationality ...

The Arbitral Tribunal of the Singapore International Arbitration Centre (SIAC) ruled in favor of National Grid Corp. of the Philippines (NGCP) in the case ...

This came seven years after the NGCP filed an arbitration case amid an issue on its concession agreement with the two agencies, with about P57.88 billion ... It also junked Psalm and TransCo ...

NGCP remitted to the Power Sector Assets and Liabilities Management Corp. (PSALM) P57.88 billion in July 2013 to prepay its 10th to 30th deferred payments for concession fees. The prepayment ...

He was 88. "He consistently modeled a life worth emulating," read his online obituary. "His effortless gravitas paired with his quick humor and genuine respect for all individuals made him a ...

He was 88. Rose died from complications with Parkinson's disease, according to a Feb. 17 New York Times obituary. The real estate developer and nonprofit advisor “died peacefully at home in the ...

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"I hope that next time I can." Francis, 88, has been pope since 2013 and has suffered from influenza and other health problems several times over the past two years. Last week, Francis told ...