Local poll bets will now be under the jurisdiction of the Commission on Elections' (Comelec) existing election laws as the campaign period for local candidates begins today, Friday, March 28. Comelec Chairman George Erwin Garcia "Sa mga kumakandidato, tandaan lang, lagi po tayong tatalima sa...
Large companies' heavy reliance on bank loans, particularly from major local banks, could amplify vulnerabilities within the Philippine financial sector, according to the 2024 Financial Stability Report (FSR). "Corporates’ heavy reliance on bank funding could amplify credit risks to the financial...
The Energy Regulatory Commission (ERC) and the Securities and Exchange Commission (SEC) launched a program designed to encourage power sector players to go public and comply with the Electric Power Industry Reform Act of 2001 (EPIRA). On Thursday, March 27, the ERC and SEC jointly launched SEC...
The Securities and Exchange Commission (SEC) is not abandoning the 20-percent minimum public ownership of rule for initial public offerings (IPOs), although it has approved the plan of the Philippine Stock Exchange (PSE) to relax its implementation of this requirement to make it easier for large...
Commission on Elections (Comelec) Chairman George Erwin Garcia will recommend placing Datu Odin Sinsuat under Comelec control following the death of an election officer and her husband. Maceda Lidasan-Abo was killed along with her husband Jojo Abo in an ambush on Wednesday morning, March 26. "Kaya...
Age-based discrimination resulting in unemployment, inadequate social security, and restricted access to healthcare are some of the most pressing problems currently faced by the country's senior citizens that need to be addressed by the government, the Commission on Human Rights (CHR) said. These...
The Energy Regulatory Commission (ERC) has greenlighted additional capacity to the power supply agreement (PSA) between Manila Electric Co. (Meralco), led by Manuel V. Pangilinan, and San Miguel Corp. (SMC)-led South Premiere Power Corp. (SPPC). In a notice, the ERC said Meralco was granted...
The Commission on Human Rights (CHR) has concluded its nationwide dialogue with government officials, experts and individuals on issues involving red-tagging, the practice of law enforcement and intelligence agencies to label a person or organization as communist or terrorist. In a statement, the...
Pru Life UK, a London-based international life insurance company, is set to be the first Takaful operator in the Philippines, as the insurer’s executives confirmed it will launch the product next month, April 2025. Speaking to reporters during a roundtable discussion on Monday, March 24, Pru Life...
Commission on Elections (Comelec) Chairman George Erwin Garcia allayed fears about the so-called "dagdag-bawas" scheme in the upcoming May 2025 polls, stating that such a thing is "impossible" in automated elections. Commission on Elections (Comelec) Chairman George Erwin Garcia "Ginagarantiya po...
The Commission on Elections (Comelec) together with the Bangko Sentral ng Pilipinas (BSP) have officially completed the escrow deposit of the Final Trusted Build Source Codes for the upcoming National and Local Elections on May 12, 2025. (Photo from Comelec) This move ensures compliance with...
The Commission on Human Rights (CHR) has expressed concern over the arrest of an online content creator for alleged digital manipulation of the statement of President Marcos to make it appear that the President is calling for the legalization of illegal narcotics. Citing reports, the CHR said...
