While the Energy Regulatory Commission (ERC) is partly blamed for the power supply mess in the country due to its slow action on issuance of warranted rules and approvals of power supply agreements (PSAs), it has opted to sign a memorandum of agreement (MOA) with the Board of Investments (BOI) for...
(MANILA BULLETIN) A Laguna congressman who is against the renewal of the Manila Electric Company’s (Meralco) franchise has once again lambasted the power distribution giant for its supposed failure to provide updates on its weighted...
The Securities and Exchange Commission (SEC) has lodged criminal complaints against four groups soliciting investments from the public without the necessary registration and licenses. In a statement, the SEC said has lodged separate complaints before the Department of Justice against Bear Mountain...
The Design Center of the Philippines (DCP), an agency under the Department of Trade and Industry (DTI), spent P1.9 million of the budget allocated for senior citizens and persons with disability (SCPDs) for other plans and programs in 2023, the Commission on Audit (COA) said. In its 2023 annual...
The powerful Commission on Appointments (CA) on Tuesday, May 21 deferred the confirmation of Hans Leo Cacdac as secretary of the Department of Migrant Workers (DMW). Department of Migrant Workers (DMW) Secretary Hans Leo Cacdac faces the Commission on Appointments’ (CA) Committee on...
The life insurance industry registered robust growth in premium collections and financial performance in the first three months of the year, the Insurance Commission (IC) reported. Total premiums collected by life insurance companies increased by 12 percent from January to March 2024 to P87.66...
The Professional Regulation Commission (PRC) on Tuesday, May 21, extended the deadline for submission of applications for the June 2024 Occupational Therapists Licensure Examination (OTLE). (Manila Bulletin File Photo) PRC noted it may still accept applications for OTLE until May 23. “All...
The health maintenance organization (HMO) industry has returned to profitability for the first time in the post-pandemic era, the Insurance Commission (IC) said. In a statement, the IC reported that the HMO sector posted a net income of P6.8 million from January to March 2024, a reversal of the...
The Commission on Audit (COA) has warned local government units against paying their employees less than the mandated P5,000 net monthly take home pay. COA cited the case of Agusan del Norte's 57 provincial employees whose net take home salaries in 2023 were less than the mandated P5,000. It...
The Commission on Human Rights (CHR) has slammed as "severe disregard for human rights" a barangay (village) ordinance in Bangued, Abra that proposed "execution or death penalty" for the third offense of illegal garbage dumping. In a statement, the CHR said the ordinance and the subsequent posting...
The Commission on Elections (Comelec) has deactivated more than 4.2 million voters from its records, the poll body's top official said. In a message to reporters, Comelec Chairman George Erwin Garcia said that this number will be deducted from the present number of voters, which is 68 million....
The Securities and Exchange Commission (SEC) has approved the planned P15 billion offering of blue bonds by Maynilad Water Services, Inc. In its meeting on May 16, the Commission En Banc resolved to render effective the registration statement of Maynilad covering up to P12 billion of fixed-rate,...
