Consumers may soon see fairer or more reasonable power rates as the Energy Regulatory Commission (ERC) begins the long-awaited rate reset process for Manila Electric Co. (Meralco) and other private distribution utilities. In a statement, the ERC said it has approved the new Rationalized Rules for...
The Philippine Competition Commission (PCC) has cleared the acquisition by a Singapore-based investment firm of a local holding company that operates cold storage facilities. In a statement, the PCC said it approved the buyout of Permafrost Investments GMF2 Pte. Ltd. (Permafrost Singapore) for a...
Commission on Elections (Comelec) Chairman George Erwin Garcia revealed on Thursday, Oct. 16, that there were more or less 9 contractors who donated to politicians in the recent May 2025 elections. "Lilinawin ko lang for 2025 [elections] wala pa tayong kino-confirm na kahit na sinong kandidato...
The Securities and Exchange Commission (SEC) has ordered Microdot Lending Corp. to stop operations due to its unfair debt collection practices and its failure to disclose the operations of some of its online lending platforms (OLPs). The SEC Financing and Lending Companies Department (FinLend)...
In a move set to modernize and speed up service delivery, the Social Security System (SSS) has launched the MySSS Card, a new functional ID that also acts as a fully operational debit card. Robert Joseph Montes De Claro, SSS president and chief executive officer, said the MySSS Card is dual purpose...
The Department of Justice (DOJ) has moved to file criminal complaints against three groups and their agents for illegally soliciting investments, escalating the Securities and Exchange Commission’s (SEC) ongoing campaign against fraudulent financial activities. According to the SEC, the DOJ found...
The camp of Senator Francis "Chiz" Escudero submitted on Tuesday, Oct. 14, an affidavit explaining their position over the P30-million campaign donation he received from a contractor for his May 2022 election bid. “We 're filing our submission early to respect the COMELEC process. Our...
The Securities and Exchange Commission (SEC) is warning the public against engaging with individuals or groups who falsely represent themselves as part of COL Financial Group and use the name and logo of Alpha Securities Corp. without authority. In an advisory, the SEC flagged certain individuals...
The Philippine Competition Commission (PCC) has approved the proposed acquisition deal between Metanoia South Pte. Ltd. and Copper Smelting Investments Ltd., finding that the agreement poses no competition risks. The PCC said the acquisition was approved following a Phase 1 review, which determines...
The Civil Service Commission (CSC) said on Monday, Oct. 13, that about 83,000 first-level government positions remain unfilled and are open to senior high school (SHS) graduates. This was according to CSC chairperson Marilyn Yap, who stated that they must at least pass the sub-professional civil...
The Commission on Audit (COA) will soon require all its employees to file detailed conflict-of-interest declarations, part of a series of reforms following anomalies uncovered in the country 's flood control and infrastructure projects. COA Chairperson Gamaliel Cordoba said this on Monday,...
The Securities and Exchange Commission (SEC) was awarded for well-being and diversity by Investors in People (IiP) Philippines, reflecting its commitment to investing in its workforce to achieve excellence in public service. The Commission said it was named the winner for the Award for Wellbeing...
