The Energy Regulatory Commission (ERC) announced that average generation rates charged by distribution utilities (DUs) decreased in May amid stable prices in the electricity spot market. Preliminary data from the ERC showed that the monthly average generation rate for the National Capital Region...
The Commission on Elections (Comelec) Second Division has declared outgoing Manila 6th district Rep. Bienvenido Benny Abante Jr. the duly elected member of the House of Representatives for the sixth district of Manila. This was after the Second Division granted Abante 's petition seeking to...
The Commission on Elections (Comelec) Second Division, voting 2-1, granted the petition seeking to cancel the registration of the Duterte Youth Party-list, which ranked second in the May 2025 polls. In the resolution dated June 18, 2025, petitioners Reeya Beatrice Magtalas, Abigal Aleli tan,...
The Philippine Stock Exchange, Inc. (PSE) and the Commission on Filipinos Overseas (CFO) have signed a Memorandum of Understanding to jointly undertake programs that will help overseas Filipinos become active participants in the Philippine capital markets. PSE President and CEO Ramon S. Monzon...
The Securities and Exchange Commission (SEC) has vowed to further strengthen its efforts to combat money laundering and terrorism financing in the corporate sector following the Philippines’ exit from the European Commission’s (EC) list of high-risk jurisdictions for financial crimes. “The...
A total of 401 lending firms lost their licenses for failure to comply with reportorial requirements of the Securities and Exchange Commission (SEC). In a statement, the commission said it has cancelled the primary registration and secondary licenses of the lending companies as part of its campaign...
The Governance Commission for Government Owned or Controlled Corporations (GCG) has secured an over ₱14-million funding from the Manila-based Asian Development Bank (ADB) to harmonize and digitize reporting among state corporations. In 2025, we are proud and honored to have created a partnership...
The Energy Regulatory Commission (ERC) has unveiled the Green Energy Auction Reserve (GEAR) prices, setting ceiling prices for bidders in the fourth round of the Green Energy Auction (GEA-4) following recent enhancements to the program. In a resolution released by the ERC, the final GEAR prices...
The Department of Energy (DOE) said that it is withholding the issuance of a Certificate of Conformity (COC) to the Manila Electric Company (Meralco) until it receives aligned findings from both the Philippine Competition Commission (PCC) and the Energy Regulatory Commission (ERC). Energy Assistant...
The Securities and Exchange Commission (SEC) has approved the shelf registration of Aboitiz Power Corp.’s (AboitizPower) ₱100-billion worth of fixed rate bonds and its ₱30-billion offering for the first tranche. In a statement, the SEC said the Commission en banc has considered favorably the...
Following the Philippines ' removal from the global money-laundering watchlist, also known as the grey list, in February 2025, the European Commission has also removed the country from its list of high-risk jurisdictions. While some developing were added to the list including Algeria, Angola,...
On the last session day of the 19th Congress, the powerful Commission on Appointments (CA) confirmed the ad interim appointment of Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro and Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Ramon Pangilinan...
