Could this be a case of “better to laugh with the sinners than weep with the saints?” Too bad for consumers—no laughter here, only swelling bills and bitter tears! Back in November 2022, the Energy Regulatory Commission (ERC) slammed the door on the ₱5.2-billion rate hike plea of SMC Global...
Social Security System (SSS) President and Chief Executive Officer Robert Joseph Montes De Claro (4th from left) and Commission on Filipinos Overseas (CFO) Chairperson Dante “Klink” Ang II (3rd from left) ink an agreement for the implementation of the KaSSSangga Collect Program during a signing...
The Energy Regulatory Commission (ERC) is currently evaluating SMC Global Power Holdings Corp.’s (SMGP) request to recover costs from consumers. In an ambush interview with ERC Chairperson Monalisa Dimalanta on the sidelines of the Energy Efficiency Day 2025, she shared that SMGP had filed a...
The Securities and Exchange Commission (SEC) has approved a proposal by the Philippine Stock Exchange (PSE) to exempt giant initial public offerings (IPOs), such as the upcoming IPO of GCash owner Mynt, from the 20-percent minimum public float requirement. “We have been able to get approval from...
The Energy Regulatory Commission (ERC) has urged consumers and other industry players to be cautious of fake ERC seals, stickers, and false meter test reports. In a statement, the ERC noted that some electric meters are being sold in physical and online stores without its approval, while some of...
A total of 12 Department of Social Welfare and Development (DSWD) projects, including the Ayuda sa Kapos ang Kita Program (AKAP), have been granted exemption by the Commission on Elections (Comelec) from the ban on the release of public funds ahead of the May 2025 midterm elections. Commission on...
A House panel on Monday, March 17, called on the Commission on Audit (COA) to conduct a fraud audit on the questionable use of P6.4 billion worth of government funds by the Bangsamoro Autonomous Region in Muslim Mindanao's (BARMM). This came as officials from the region failed to attend a House...
Palompon, Leyte mayoral bet Ramon Oñate has filed a petition for disqualification against Leyte 4th district Rep. Richard Gomez before the Commission on Elections (Comelec). Leyte 4th district Rep. Richard Gomez In a 73-page document, Oñate prayed for Gomez to be disqualified for running in...
The Civil Service Commission (CSC) on Monday, March 17 reminded government employees to avoid any involvement in partisan political activities ahead of the May 2025 elections. Under the Joint Commission on Elections (Comelec)-CSC Advisory on Electioneering and Partisan Political Activities (Joint...
The Energy Regulatory Commission (ERC) has released the initial setting of the installed generating capacity (IGC) and the market share limitation (MSL) per grid and national grid for this year as a way to promote free and fair competition in the power industry. In a statement on Monday, March 17,...
The Securities and Exchange Commission (SEC) has set the schedule of filing of corporations’ annual financial statements (AFS) and general information sheets (GIS) for this year. The Commission on March 3 issued SEC Memorandum Circular No. 1, Series of 2025, which provides for the 2025 Filing of...
The Energy Regulatory Commission (ERC) has approved power supply agreements (PSAs) between San Miguel Global Power Holdings Corp.’s (SMGP) newly acquired coal power plant and two electric cooperatives (ECs). In a notice posted by the ERC, Southern Leyte Electric Cooperative (SOLECO) and Leyte III...