Pru Life UK launched the country’s first Islamic insurance lto provide financial inclusivity to many Muslim Filipinos and support the government’s goals to develop Islamic financing. Takaful, which means joint guarantee, is a Shari’ah-compliant insurance recently approved by the Insurance...
The Energy Regulatory Commission (ERC) will need to revisit and review a few matters with power distribution giant Manila Electric Company (Meralco) regarding its fifth regulatory period (5RP) as it said that they were expecting a refund approval last week. During a media briefing, reinstated ERC...
As Super Typhoon “Leon” approaches the Philippine Area of Responsibility this week, the Energy Regulatory Commission (ERC) has urged swift government action to address power outages and fluctuations caused by heavy rains and storms. During a media briefing with reinstated ERC chairperson...
The Securities and Exchange Commission (SEC) warned corporations that they have less than a month left to clear their record and avoid higher fines and penalties for the late and non-filing of reportorial requirements. Ending on Nov. 30, the SEC Enhanced Compliance Incentive Plan (ECIP) under...
Department of Interior and Local Government (DILG) Secretary Jonvic Remulla (Mark Balmores/MANILA BULLETIN) Department of Interior and Local Government (DILG) Secretary Jonvic Remulla and 47 other presidential appointees are now...
Senator Sherwin Gatchalian on Friday, November 1, welcomed the reinstatement of Monalisa Dimalanta as chairperson of the Energy Regulatory Commission (ERC) saying the move bodes well for the energy sector. Malacañang has reinstated Dimalanta to her post since the Ombudsman has already...
The Energy Regulatory Commission (ERC) has ordered all distribution utilities (DUs) in areas affected by Severe Tropical Storm Kristine to temporarily halt electricity line disconnections. In a statement on Wednesday, Oct. 30, the ERC has implemented recovery measures for the typhoon-hit...
The six-month suspension of Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta had been cut short, and she is now poised to be back at the helm of the power industry’s regulatory body. A memorandum order from the Office of the Ombudsman dated October 22, 2024 stipulated that the...
The Commission on Human Rights (CHR) on Wednesday, Oct. 30, vowed to run after those behind the killings during the previous administration’s drug war after the statements made by former President Rodrigo Duterte aligned with the commission’s findings. In a statement, the CHR said: "The...
The Manila Electric Company (Meralco) is expecting an official decision from the Energy Regulatory Commission (ERC) regarding the first three-year refund and approval for the next regulatory period. In a briefing on Monday, Oct. 28, Meralco Senior Vice President Jose Ronald Valles estimated a P16...
President Marcos has directed the Energy Regulatory Commission (ERC) to study the possible implementation of temporary relief on electricity bill payments in areas under state of calamity due to Severe Tropical Storm (STS) Kristine. Residents of Vista Verde Executive Village in Cainta, Rizal use...
The Securities and Exchange Commission (SEC) has committed to ensure the sustainability of reforms it started that paved the way for the Philippines’ imminent exit from the “gray list” of the global anti-money laundering watchdog Financial Action Task Force (FATF). In a landmark...
