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...
Pasig City Mayor Vico N. Sotto now has two graft complaints filed against him before the Office of the Ombudsman (OMB). The graft charge that was received by the OMB last July 30 involved the receipt by Pasig City employees of commemmorative t-shirts instead of P1,500 cash allowance during the 2024...
The House Committee on Energy has begun deliberations on the finer detiails of the proposed amendments to the Electric Power Industry Reform Act (EPIRA) Law on Wednesday, Aug. 14, with the solons giving particular focus on how to strengthen...
Senator Sherwin Gatchalian expressed his belief that any amendment to be made to the Electric Power Industry Reform Act (EPIRA) should result in lower electricity rates. In a statement on Saturday, July 27, Gatchalian reiterated that the sought amendments were for the benefit of consumers who...
President Marcos has called on Congress to work with the Executive branch in reviewing the Electric Power Industry Reform Act (EPIRA). President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) In his third State of the Nation Address (SONA) on Monday, July 22, Marcos made the call to determine if...
The American Chamber of Commerce of the Philippines (AmCham) is throwing full backing to the legislative measures which had been outlined by President Marcos in his State of the Nation Address (SONA) as the next priority policies to be pursued by the government. In the energy sector, the key piece...
(Noel Pabalate/MANILA BULLETIN) Several high-ranking members of the House of Representatives commended the initiative of Speaker Martin Romualdez to conduct a comprehensive review of the Electric Power Industry Regulation Act (EPIRA) in a bid to...
(Unsplash) Aside from rice prices, House Speaker Martin Romualdez has also vowed to reduce electricity rates as a way to further ease inflation in the country. “We will work to further reduce electricity rates and rice prices....
The Department of Finance (DOF) said the Real Property Valuation and Assessment Reform Act (RPVARA) will enable local government units (LGUs) to achieve financial independence. In a statement, Finance Secretary Ralph G. Recto said the RPVARA, also known as Republic Act No. 12001, will overhaul the...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte says the newly-signed Real Property Valuation and Assessment Reform Act (RPVARA) will generate higher revenue for local government units...
President Marcos has signed the Real Property Valuation and Assessment Reform Act (RPVARA), raising concerns among property owners about its potential impact on their yearly property taxes, often referred to as "Amilyar." Addressing these worries, Finance Secretary Ralph G. Recto swiftly...
President Marcos has signed into law the Real Property Valuation and Assessment Reform Act (RPVARA) which improves the country's outdated valuation system. The new law—Republic Act No. 12001— was one of the two measures Marcos signed on Thursday, June 13. Marcos said the RPVARA is expected to...
