The Department of Migrant Workers (DMW) has partnered with the Securities and Exchange Commission (SEC), for the financial literacy and investor protection for overseas Filipino workers (OFWs) and their families. DMW officer-in-charge Undersecretary Hans Leo J. Cacdac said the move is aimed...
The Securities and Exchange Commission (SEC) and the Anti-Money Laundering Council (AMLC) have filed a money laundering complaint against Silverlion Livestock Trading Corporation which was found to be illegally soliciting investments from the public. Through Deputized AMLC Financial Investigators,...
The Securities and Exchange Commission (SEC) is considering extending the deadline of its amnesty program further as representatives of business groups sued for more time before sitting down to discuss their complaint of the higher fees and charges to be implemented. In a press briefing Thursday,...
The Social Security System (SSS), Philippine Health Insurance Corporation (PhilHealth), and Government Service Insurance System (GSIS) are the top three government owned and controlled corporations (GOCCs) which netted the highest income in 2022. Based on the Annual Financial Report (AFR) on...
Via its continuing caravan, the Energy Regulatory Commission (ERC) has already started scrutiny of the power supply agreements (PSAs) underwritten by servicing power utilities in the off-grid domains or those that are not physically connected to the main grid. The examination of the power supply...
House Secretary General Reginald Velasco (left), former president Rodrigo Duterte (MANILA BULLETIN, Malacañang photo) House Secretary General Reginald Velasco trumpeted on Wednesday, Oct. 11 the spotless Statement of Audit Suspensions, Disallowances, and...
The Energy Regulatory Commission (ERC) has issued its revised rules on the issuance of certificate of compliance (COC) or the license that will govern the standards, requirements as well as procedures in the operations of power plants in the country – primarily the greenfield or new electric...
Private concessionaire firm National Grid Corporation of the Philippines (NGCP) is seeking all-out support from the national and local government agencies for permitting and right-of-way (ROW) acquisitions, so it can speed up the development of the P14.03-billion Batangas-Mindoro Interconnection...
The Securities and Exchange Commission (SEC) will meet with business groups on Thursday, Oct. 12, to discuss complaints on the proposed revised schedule of certain fees and charges which is deemed too high. In a statement, the SEC welcomed the points and notes the concerns raised by business groups...
The Civil Service Commission (CSC) said 59,740 applicants joined this year’s Government Online Career Fair (GOCF) held from Sept. 18 to 22. The GOCF is a virtual platform, which was established by CSC in partnership with JobStreet.com to assist qualified job seekers in finding government job...
The national government spent P3.67 billion and P5.66 billion in confidential and intelligence funds, respectively, in 2022, the Commission on Audit (COA) disclosed in its Annual Financial Report (AFR) on national government agencies. The government's use of confidential and intelligence funds...
The Energy Regulatory Commission (ERC) has already kicked off focus group discussion (FGD) and preliminary studies for the next round of green energy auction (GEA) that will integrate both renewable energy-generated capacities and energy storage systems. According to ERC Chairperson Monalisa C....