The provincial government of Albay has failed to properly turn over to the Department of Social Welfare and Development (DSWD) a P54 million building for use as temporary shelter to children in conflict with the law, the Commission on Audit (COA) said. In its annual audit report, COA said that...
Commission on Elections (Comelec) Chairman George Erwin Garcia is eyeing to limit the period for substitution of candidates in case of withdrawal. Garcia said this during a press conference at the Guimaras State University on Friday, May, 3, where he also announced that the filing of the...
Consumers will still feel the deepest financial pain triggered by surging electricity rates due to simultaneous plant outages in the past two weeks, but the Department of Energy (DOE) is urging the distribution utilities (DUs) to tap palliative interest-bearing loan from the Land Bank of the...
President Marcos has urged electricity distribution utilities to tap the Anti Bill Shock Lending Program of the Land Bank of the Philippines to ensure that electricity rates are affordable. Marcos made the directive to the Department of Energy (DOE) and the Energy Regulatory Commission (ERC)....
Twelve executives of the Bangko Sentral ng Pilipinas (BSP) were the top highest paid government officials in 2023, the Commission on Audit (COA) said In its 2023 Report on Salaries and Alloances made public last May 2, COA said that BSP Governor Governor Eli M. Semolina Jr. is now the...
The Civil Service Commission (CSC) said it would assist eligible contract of service (COS) and job order (JO) workers in obtaining the necessary eligibility for permanent positions in the government through the Career Service Eligibility-Preference Rating (CSE-PR). In a statement on May 2, CSC...
NEW YORK — U.S. stocks climbed Thursday to trim the majority of their losses for the week. The S&P 500 rose 45.81 points, or 0.9%, to 5,064.20 a day after swinging sharply when the Federal Reserve said it's likely delaying cuts to interest rates but not planning to hike them. It more...
The Securities and Exchange Commission (SEC) has received its sixth and seventh Global Good Governance (3G) Awards from Cambridge International Finance Advisory. The Commission received the 3G Best Corporate Governance Policy & Disclosure Award and the 3G Transparency Award 2024 during the 9th...
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...
