Stressing that a department cannot investigate its own, Department of Public Works and Highways (DPWH) Secretary Vince Dizon said he will abolish the agency 's internal investigation team formed to probe flood control project anomalies. Dizon bared in an interview that he will dissolve the...
The Energy Regulatory Commission (ERC) has revised its rules for the net-metering program, making it easier for consumers to adopt renewable energy (RE) and utilize smart technologies. Net metering is a program that allows consumers, typically those with solar panels, to generate their own power....
Governed by transparency and tasked with promoting competition and protecting consumer interests, the Energy Regulatory Commission (ERC) has released new draft guidelines for the Ancillary Services Procurement Agreements (ASPAs) entered into by the National Grid Corporation of the Philippines...
Even amid its war with Russia, Ukraine is open to do business with the Philippines as the two countries prepare to create a joint trade commission to enhance economic cooperation, Ukrainian Ambassador to Manila Yuliia Fediv said. The envoy led the Special Forum on Ukraine–Philippines Landscape...
Go Negosyo and the Commission on Filipinos Overseas (CFO) underscored the need to integrate migrant empowerment into the Philippines’ economic agenda as the country prepares to chair the ASEAN (Association of Southeast Asian Nations) Business Advisory Council in 2026. In a statement, Go Negosyo...
The Department of Justice (DOJ) has indicted Abra Mining & Industrial Corp. (AR), its directors, officers, transfer agent, and certain stockholders for the unauthorized and fraudulent trading of shares from 2015 to 2019. Acting upon the complaint filed by the Securities and Exchange Commission...
The Commission on Filipinos Overseas (CFO) has transferred its main office to Pasay City starting Sept. 1, in a move aimed at making its services more accessible to Filipino emigrants. CFO Secretary Dante “Klink” Ang II confirmed that the new office is on the 9th Floor, Nexgen Tower, C-4 Road,...
As part of its efforts to develop the local capital market, the Securities and Exchange Commission (SEC) has outlined policy reforms which includes improving regulatory framework that will make Philippine listed companies to be included in global market indices. “A robust market must reflect the...
The Commission on Elections (Comelec) en banc on Friday, Aug. 29, affirmed the Commission Second Division 's ruling granting the petition to cancel registration of the Duterte Youth Party-list. In a 12-page resolution, the Commission en banc denied the party-list 's Motion for...
The Securities and Exchange Commission has called on leaders and innovators in the financial technology sector to help develop a globally competitive capital market. “If we work together—government, industry, and innovators—we can make the Philippines not just a participant, but a leader in...
The Securities and Exchange Commission (SEC) has expanded its list of industries that can avail of its one-day registration process as part of the Commission’s drive to make company registration faster and easier. The SEC said registrations have surged with the expansion of the list of industries...
The Securities and Exchange Commission (SEC) is “closely monitoring” the arrest of Global Ferronickel Holdings Inc. (FNI) Chairman Joseph C. Sy over allegations of misrepresentation of his citizenship. “Given Mr. Sy’s role as chairman of a publicly listed company, the SEC is closely...
