The Securities and Exchange Commission (SEC) announced the opening of its new extension office in Lipa City, in line with its efforts to facilitate business formation, invest in high-growth regions, and keep a closer watch on fraudulent and abusive practices in the corporate sector. The SEC on Dec....
The Energy Regulatory Commission (ERC) has denied the request of Manila Electric Company (Meralco) and San Miguel-led Masinloc Power Co. Ltd. (MPCL) to begin their Power Supply Agreement (PSA) ahead of schedule. In a statement, the ERC determined that awarding provisional authority for their PSA is...
The Securities and Exchange Commission (SEC) is calling on over 11,600 corporations to avail themselves of its Enhanced Compliance Incentive Plan (ECIP) or face the suspension of their corporate registration for non-compliance with reportorial requirements. In a notice dated Dec. 13, the SEC...
Commission on Elections (Comelec) Chairman George Erwin Garcia said that he would inhibit himself from the case of Marikina City Mayor Marcelino “Marcy” Teodoro particularly on the cancellation of the latter's candidacy for the 2025 polls. Teodoro said he will file a Motion for Reconsideration...
Although the Philippine Health Insurance Corp. (PhilHealth) was "taught a lesson" with its zero-subsidy budget, Senator Pia Cayetano expressed her belief that that the action still violated the law. (Photo from the Office of Senator Pia Cayetano) "So siguro naturuan nga ng leksyon (So perhaps we...
The Professional Regulation Commission (PRC) announced on Friday, Dec. 13, that 68,900 examinees passed the Licensure Examination for Professional Teachers (LEPT) conducted last September. The PRC and the Board for Professional Teachers (BPT) reported that 20,025 elementary teachers out of 44,002...
The Energy Regulatory Commission (ERC) has approved the 15-year Power Supply Agreement (PSA) between Manuel V. Pangilinan-led Manila Electric Company (Meralco) and Excellent Energy Resources, Inc. (EERI), a subsidiary of SMC Global Power. In a statement on Friday, Dec. 13, ERC Chairman and Chief...
The Commission on Human Rights (CHR) on Wednesday, Dec. 11, urged the government to protect journalists against threats and trumped-up charges. “Defending the Fourth Estate is not just a responsibility but a vital step toward safeguarding democracy and ensuring accountability in governance,”...
The Organisation for Economic Co-operation and Development (OECD) sees the potential of around 400 private enterprises to go public—one of the main factors that will develop the local capital market. This is according to an in-depth assessment of the Philippine capital market released by the...
The Energy Regulatory Commission (ERC) has approved the Capas substation proposed by the National Grid Corporation of the Philippines (NGCP) to manage the connection of New Clark City (NCC) to the grid. In a statement, the ERC said this approval will help address load growth in Capas, which is...
The Energy Regulatory Commission (ERC) has granted provisional approval to two Power Supply Agreements (PSAs) between Manila Electric Company (Meralco) and the renewable energy units of ACEN and San Miguel Corporation. Meralco and ACEN-led Gigasol 3, Inc. will soon implement their PSA following the...
The Commission on Human Rights (CHR) on Monday, Dec. 9, asked the government to ensure that the United Nations (UN) rules on the handling of women prisoners are observed for convicted drug courier Mary Jane Veloso once she returns to the Philippines. In a statement, the CHR specifically...