CONGRATULATIONS PRES. NONITO M. LABIS FOR BEING RELECTED, ONCE AGAIN, REFC DIRECTOR

MORESCO-1 proudly congratulates its Board of Directors President, Nonito M. Labis, DVM, for once again, being re-elected DIRECTOR of the Rural Electrification Financing Corporation (REFC).

The REFC, established in 2000 through a collaborative effort involving NEA, PHILRECA, NRECA, and various institutions including USAID and IFC, serves as an alternative financing source for Philippine Electric Cooperatives. Conceived amidst a restructured and reformed electric power industry under the EPIRA Law (R.A. 9136), the REFC’s core mission is to provide supplemental loans to its Member-ECs at competitive lending rates. This support enables ECs to offer reliable, high-quality service while leveraging their equity capital.

Recognizing the additional support needs of its member ECs, REFC expanded its services by establishing the wholly-owned subsidiary, the Rural Electrification Trading Corporation (RETC). RETC is strategically designed to enhance loan packages and provide technology-driven, cost-effective materials, equipment, consulting, and other essential services, with financing support from REFC.

Together, REFC and RETC are committed to becoming the preferred service providers for Philippine ECs, offering assured funding and tailored services. This collaboration not only supports the financial and operational needs of the investor-ECs but also fosters the development of expertise in management, technical, financial, and institutional areas within the Rural Electrification Sector.

(Source: REFC website)

We are Hiring! CORPORATE AFFAIRS DEPARTMENT MANAGER

Deadline of Submission: Thursday, August 1, 2024

Join the MORESCO-1 Team.

Create your future here and make a difference.

HIGH SALARY and Good Benefit Package

Free Shuttle Service and Good Quality Work Life

Great Training Platform and Opportunities

JOB OBJECTIVE

  • Ensures that executive and administrative support are delivered efficiently and coordinated smoothly, and of the highest service standards in the organization.

QUALIFICATIONS

  • Graduate in any Behavioral, Social Sciences, or Communication course
  • With a Master’s Degree in Management or behavioral, social science course
  • Must have at least 5 years of related experience in a managerial capacity

COMPETENCY REQUIREMENTS

  • With high standards of objectivity, independence, and professionalism
  • Knowledge of the nature of the business and operational challenges of an electric cooperative
  • Excellent written skills including writing proposals, reports etc,
  • Excellent presentation and persuasive and negotiation skills
  • Demonstrates adeptness in teaching/training, coaching, and counseling
  • Demonstrates excellent interpersonal/relational skills with diverse profiles of people
  • Highly analytical and demonstrate confidence in problem-solving and decision-making
  • Demonstrates disciplined and organized work habits
  • Must be computer-proficient
  • Shares the vision and mission of the cooperative, and demonstrates behavior consistent with the cooperative’s core values.
  • Resident within the franchise area

For interested applicants:

Please send your application letter, Resume, and Transcript of Records to

THE HR Manager, Moresco-1 Headquarters, Laguindingan, Misamis Oriental or email thru

https://tinyurl.com/MORESCO1Careers

Only qualified applicants will be shortlisted.

Deadline of Submission on August 1, 2024

JOVEL B. UBAY-UBAY, PEE

Acting General Manager

POST SERVICE INTERRUPTION NOTICE – July 18, 2024 started approx. 18:58hs

To our valued Member-Consumer-Owners in the affected areas:

We regret to inform you of an unscheduled power interruption affecting the following areas last night:

  • Portions of Zones 1 & 2, Patag Opol
  • Entire Loyung Bonbon
  • Bonbon Opol
  • Entire Molugan
  • Amoros
  • Sambulawan
  • Taytay
  • Himaya
  • Portions of Zones 6 & 4, Ulaliman
  • Entire Zones 1, 2, 3, 5, 7, Ulaliman

We understand that these repetitious interruptions in short intervals had caused significant inconvenience, and for this, we sincerely apologize. Our technical team were working diligently to identify and resolve these  issues as quickly as possible to restore a stable power supply to the affected areas.

There are times when emergency situations such as these occur beyond our control. Natural events, unforeseen equipment failures, and other unexpected issues can sometimes disrupt our services. However, please rest assured that as your electric cooperative, MORESCO-1 is committed to doing its utmost to restore power at the soonest possible time. Our dedicated team were also working around the clock to address the situation, ensuring that normalcy will be returned swiftly and efficiently.

We appreciate your patience and understanding as we navigate challenging situations as these. Always stay tuned for updates through our official communication channels.

Thank you for your cooperation.


Misamis Oriental-1 Rural Electric Service Cooperative, Inc. (MORESCO-1)