The Insurance Commission stated that most health maintenance organization (HMO) providers are expected to meet the planned increase of P100 million in minimum capital requirements, but seven others will be affected. On the sidelines of the 74th anniversary of the Philippine Life Insurance...
The Energy Regulatory Commission (ERC) has finally lifted the suspension it earlier imposed on the settlement of traded capacities in the co-optimized reserve market, hence, consumers will have to brace for added cost burden in their forthcoming electric bills. With the lifting of the settlement...
The Commission on Human Rights (CHR) cited the "significant decrease" in illegal drugs-related human rights violations since the start of the administration of President Marcos. However, the CHR human rights violations such as those involving extrajudicial killings, disappearances, and...
The Commission on Human Rights (CHR) started on Monday, July 29, its fact-finding inquiry into cases of red-tagging in the country in its efforts to push for legislative measures to address the issue. In a statement, the CHR said its inquiry is part of its conscious efforts to formulate mechanisms...
SAGIP Party-list Rep. Rodante Marcoleta (Facebook) If SAGIP Party-List Rep. Rodante Marcoleta would have his way, he would have the Commission on Audit (COA) conduct more timely audits on flood control projects. Marcoleta said that doing so...
The Commission on Human Rights (CHR) said on Sunday, July 28, it will push for legislative measures against red-tagging. The CHR said in a statement that it will draft “its own set of recommendations to various stakeholders on possible legislative reforms, redress mechanisms, and...
The Commission on Human Rights (CHR) has lauded the enactment of Republic Act No. 11997, the Kabalikat sa Pagtuturo Act, which will provide an additional P5,000 to P10,000 teaching allowance to almost 800,000 public school teachers. In a statement, the CHR said RA 11997 upholds the rights...
The Commission on Audit (COA) said the failure of Butuan City to implement seven projects worth P92.5 million in 2023 deprived its constitutents of their socio-economic benefits. In its annual report, the COA said the seven projects that were not implemented were the Construction of Mandamo Water...
The Securities and Exchange Commission (SEC) has issued new rules to regulate the sale of properties with rental pool agreements. The Commission issued Memorandum Circular No. 12, Series of 2024, on Securing and Expanding Capital in Real Estate Investment Transactions (SEC RENT) in line with the...
The Energy Regulatory Commission (ERC) is scheduling next week the deliberations on the deferred cost recoveries of liquefied natural gas (LNG) that First Gen Corporation had utilized for electricity generation at its gas-fed power plants in Batangas. As full pass-on of LNG costs had not been...
The Commission on Audit (COA) has reminded local government units (LGUs) against the grant of overtime pay to employees who are not qualified for payment of overtime work and disbursement of overtime funds without appropriations. In its audit report, the COA cited the case of Claveria town in...
Behind the arduous training and competition of every national athlete is a government sports agency trying to make sure they get all the financial help they need to achieve their dreams. But for Chairman Richard Bachmann, the Philippine Sports Commission is more than just a “funding...
