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...
The Commission on Audit (COA) has questioned the provincial government of Catanduanes over the P41.26 million paid for abaca suckers which were not delivered by the contracted supplier who simply gave cash to farmer-beneficiaries to source out the planting materials themselves. In its 2023 annual...
NEW YORK — The best week for U.S. stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday. The S&P 500 rallied 1% to finish its first winning week in the last four. The Dow Jones Industrial Average rose 153 points, or 0.4%, and the Nasdaq...
The Securities and Exchange Commission (SEC) announced that it is opening more payment channels through a partnership with online payment platform Payment Innovation, Inc., (PayCools PH). In a statement, the Commission said it has signed a memorandum of agreement last April 24 with PayCools PH...
The Commission on Human Rights (CHR) assured its full support to the Department of Justice's (DOJ) commitment to combat extra-judicial killings (EJKs) and other forms of human rights violations in the country. It also supported the crucial steps the DOJ committed to strengthen the criminal justice...