The Energy Regulatory Commission (ERC) continues to observe the charges made by generation companies (GenCos) collected from consumers by distribution utilities (DU). The ERC said that this year's generation rates showed stability, but noticed an imbalance between the global coal price reduction...
The Commission on Higher Education (CHED) will shift its focus to making education not only free, but also accessible to underprivileged Filipinos, while also advocating for world-class standards next year. Photo from CHED CHED Chairperson Prospero De Vera shared the good news that admissions to...
Civil Service Commission (CSC) Chairperson Karlo Nograles expressed appreciation for the dedication and heroism of civil servants who continue to serve with passion and integrity despite adversity. Nograles noted in his year-end message to government officials and employees how government employees...
Power utility giant Manila Electric Company (Meralco) is aiming for timely approval of the Department of Energy (DOE) on the terms of reference (TOR) for its targeted competitive selection process (CSP) on planned capacity procurements, so it can spare its roughly 8.0 million customers from wobbly...
The Securities and Exchange Commission (SEC) has ordered Superbreakthrough Enterprises Corporation to stop illegally soliciting investments from the public. The Commission En Banc directed Superbreakthrough Enterprises, which has been doing business under the name 1UP Time, to immediately cease and...
Securities and Exchange Commission (SEC) Chairperson Emilio B. Aquino wrapped up a milestone year with the Outstanding Professional of the Year Award from the Professional Regulation Commission (PRC). The award was given in recognition of his contributions in the field of accountancy. SEC...
The Securities and Exchange Commission (SEC) is warning the public against investing in Iloilo-based Salon de Pamplona as it was found to be soliciting investments without the necessary licenses. In an advisory, the Commission said that Salon de Pamplona is not authorized to sell or offer...
Senator Robinhood "Robin" Padilla is eyeing to file a resolution in relation to the supposed lack of due process in the National Telecommunications Commission's (NTC) imposition of a 30-day suspension on the operations of television network Sonshine Media Network Inc. (SMNI). In a statement on...
The Securities and Exchange Commission (SEC) exempted the Philippine Stock Exchange (PSE) from the 20 percent cap of ownership so it can acquire full ownership of the Philippine Dealing System Holdings Corporation (PDS Group). In a statement, the SEC said it has approved the application of the PSE...
The Governance Commission for Government-Owned or Controlled Corporations (GCG) said that appointive directors for state-owned companies are chosen according to their integrity, experience, education, and competence. At the 16th Meeting of the Asia Network on Corporate Governance of State-Owned...
The jurisdiction of the Energy Regulatory Commission (ERC) on resolving contractual disputes involving retail electricity suppliers (RES) has been affirmed in a ruling rendered by the Court of Appeals (CA), including its power to issue cease and desist orders. The decision of the 11th division of...
The National Telecommunications Commission (NTC) on Thursday, Dec. 21 ordered the suspension of Sonshine Media Network International (SMNI) for 30 days. SMNI/NTC "The National Telecommunications Commission (NTC), acting on the House of Representative's Resolution No. 189, entitled 'Resolution...
