Senator Mark Villar stated on Thursday, Oct. 2, that none of his relatives acquired government contracts during his five-year tenure as the Department of Public Works and Highways (DPWH) secretary. In a statement Thursday, Oct. 2, Senator Mark says that he welcomes and fully supports any...
The Commission on Appointments (CA) on Wednesday, October 1 confirmed the ad interim appointments of Department of Energy (DOE) Secretary Sharon Garin and Department of Information and Communications Technology (DICT) Secretary Henry Aguda. Senate President Vicente Sotto III immediately approved...
Capital market stakeholders are seeking to tap the vast and growing mass affluent segment of young tech-savvy Filipino investors, as it presents a huge opportunity for wealth creation in the country. To enable this segment to help enlarge the country’s economic pie, a video library project was...
Maynilad Water Services Inc. has been granted the first Philippine Green Equity label by the Securities and Exchange Commission (SEC) based on the new guidelines the regulator issued to further promote sustainable finance. The grant makes Maynilad’s planned initial public offering (IPO) more...
Malacañang said President Marcos respects the decision of the Independent Commission for Infrastructure (ICI) to keep corruption hearings private. Palace Press Officer and Communications Undersecretary Claire Castro said Marcos respects the ICI 's decision, adding that he will not interfere...
The Securities and Exchange Commission (SEC) has approved the rental pool program of the Floirendo group’s Damosa Land Inc. for its condotel in the island garden city of Samal in Davao. According to the SEC, Damosa Land is the first securities issuer to successfully register under the...
Lopez-led First Gen Corp. (FGen) is continuing negotiations to extend its power supply agreement (PSA) with Manila Electric Co. (Meralco) following the Energy Regulatory Commission’s (ERC) decision to allow continued supply from the Sta. Rita gas-fired power plant. Francis Giles Puno, FGen...
The Energy Regulatory Commission (ERC) is exploring reforms to the public offering requirement (POR) to ease compliance for generation companies (GenCos) while ensuring safeguards remain in place for electricity consumers. During an open commission meeting last week, ERC Chairperson Francis...
President Marcos has ordered his legal team to study the appointment of Baguio City Mayor Benjamin Magalong as special adviser to the Independent Commission on Infrastructure (ICI), following questions raised over possible conflicts of interest. Communications Undersecretary Claire Castro said this...
The Securities and Exchange Commission (SEC) has launched its Green Equity Guidelines, the first of its kind in Southeast Asia, as it continues to advance sustainable finance in the region. The commission, on Sept. 23, issued SEC Memorandum Circular No. 13, Series of 2025, outlining the Guidelines...
The Securities and Exchange Commission (SEC) is supporting proposals to amend existing bank secrecy laws as part of the government’s continuing fight against corruption. “As a corporate and capital market regulator, the SEC welcomes the proposed easing of our bank secrecy laws as a necessary...
Melbourne, Australia—The World Bank Group is helping the Energy Regulatory Commission (ERC) tighten cost controls, primarily for indexation, on firming up a financial model that will make offshore wind projects commercially viable ahead of the 5th green energy auction (GEA-5) that will be...
