With high anticipation that electric bills will drastically spike during the summer months, the Energy Regulatory Commission (ERC) sounded off this early that it will prod the private distribution utilities (DUs) and electric cooperatives (ECs) on staggered billing on the resulting radical rate...
President Marcos said that the Energy Regulatory Commission (ERC) has temporarily suspended the operation of the Wholesale Electricity Spot Market (WESM) under the declaration of red alert of the systems operator National Grid Corporation of the Philippines (NGCP) to tame the increase of...
The Securities and Exchange Commission (SEC) is urging companies to be more diligent in complying with their reportorial requirements instead of complaining about the huge increase in fines and penalties recently imposed by the commission after a lengthy amnesty period. SEC Chairperson Emilio B....
On Labor Day, Wednesday, May 1, the Commission on Human Rights (CHR) acknowledged the "invaluable contributions" of Filipino workers, both in the Philippines and abroad, to the nation's progress and development. It assured its commitment to protect and promote workers' rights. It urged the...
The Energy Regulatory Commission (ERC) has ordered suspension of the Wholesale Electricity Spot Market (WESM) - but only after two weeks from the incursion of yellow and red alerts in the Luzon and Visayas grids, hence, consumers are being warned of forthcoming bill shocks. Referencing on data...
The Commission on Human Rights (CHR) has lauded as "proactive measure" to address poverty President Marcos' recent directive to boost aid for street children and homeless individuals or families in need of urgent help. It cited the implementation of the "Pag-abot Program" which aims to evacuate...
The Commission on Audit (COA) has flagged the province of Masbate over the P131 million "unliquidated cash advances" (CAs) granted to various officials and employees in 2023. In its 2023 annual audit report (AAR), COA said the cash advances were composed of three categories -- advances for payroll...
Over P13 billion worth of premiums were paid to microinsurance companies by the year-end 2023, increasing by 17.3 percent from P11 billion in 2002. The Insurance Commission said that the significant increase in premium collection could be attributed to the across-the-board increase in premium...
The Civil Service Commission (CSC) announced that applications for the August 2024 Career Service Examination-Pen and Paper Test (CSE-PPT) for professional and subprofessional levels will be accepted from May 13 to June 13. The 2024 CSE-PPT will be held on Aug. 11. “Acceptance of...
The Philippine Competition Commission (PCC) has cleared the proposed joint venture between the subsidiaries of Mitsui & Co., Ltd. (Mitsui) for its business process outsourcing unit and KDDI Corporation (KDDI), an ICT solutions provider. In a statement released Monday, April 29, the PCC said...
Senate President Juan Miguel "Migz" Zubiri urged the Department of Education (DepEd) and the Commission on Higher Education (CHED) to return to the pre-pandemic calendar this coming school year (SY). (MB file photo/Noel Pabalate) This is instead of a gradual return in SY 2025-2026 that will further...
TOKYO — Asian shares were trading higher Monday amid optimism over the rally that ended the week on Wall Street, although eyes were on the Federal Reserve policy meeting set for later this week. Sydney's S&P/ASX 200 added 0.6% in early trading to 7,621.40. South Korea's Kospi surged...
