Manila Electric Co. (Meralco) customers will receive a reprieve on their electricity bills starting next month after the Energy Regulatory Commission (ERC) ordered the utility to accelerate the multibillion-peso refund to insulate households from global energy volatility. In a statement on...
The Civil Service Commission (CSC) on Tuesday, April 21, reminded all government officials and employees to file their Statement of Assets, Liabilities, and Net Worth (SALN) on or before April 30, in compliance with Republic Act No. 6713 or the Code of Conduct and Ethical Standards for Public...
Philippine economic growth in 2026 would have hit the government’s downgraded target range had the war in the Middle East been short-lived, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). However, the Bangkok-headquartered UNESCAP said a...
The camp of Vice President Sara Duterte said on Monday, April 20, that it has yet to receive an official copy of the decision from the Commission on Audit (COA) presented during a recent congressional hearing, preventing it from issuing any formal comment on the matter. In a brief statement, the...
The main bulk of the 101-strong Team Philippines flies to China (Monday, April 20, two days ahead of the opening ceremony for the 6th Asian Beach Games that are returning after a 10-year hiatus on the popular resort island city of Sanya. But anticipation on the opening ceremony at the Yasha Park...
Pro-impeachment congressmen have made a big deal about the Commission on Audit’s (COA) apparent order for Office of the Vice President (OVP) officials to return disallowed confidential funds amounting to nearly ₱73.3 million. But what if Vice President Sara Duterte and the others involved...
The Securities and Exchange Commission (SEC) urges financing and lending companies to adopt relief measures for borrowers whose ability to pay their debts may have been compromised by rising fuel prices resulting from the conflict in the Middle East. In a notice dated April 16, the Commission...
The Securities and Exchange Commission (SEC) has warned the public against transacting with three individuals and entities engaged in unauthorized investment schemes, financing, and lending activities. In separate advisories, the SEC alerted the public against Marexx Gadgets and Accessories Shop, a...
The Securities and Exchange Commission (SEC) has extended by 15 days to one month the deadlines for filing 2025 annual financial statements (AFS) and related reportorial requirements of corporations with a fiscal year (FY) ending Dec. 31, 2025. In a notice, the SEC said the extension was approved...
The Securities and Exchange Commission (SEC) is intensifying its crackdown on unauthorized investment schemes, naming two entities, Ecocapsule and the HTX group, in its latest round of regulatory warnings. In a formal advisory, the regulator stated that Ecocapsule is operating without the necessary...
The country’s competition watchdog is intensifying its scrutiny of domestic fuel prices to shield consumers from unwarranted hikes triggered by escalating tensions in the Middle East. In a statement, the Philippine Competition Commission (PCC) said it is monitoring the market behavior of local...
The Securities and Exchange Commission (SEC) has issued new rules governing the creation of umbrella funds, which are open-end investment companies that have at least two sub-funds pursuing their own investment objectives. The commission issued SEC Memorandum Circular (MC) No. 14, the rules on...
