Grab Philippines said it was already working to implement the remaining P6.66-million reimbursement to users following the issuance of a Philippine Competition Commission (PCC) resolution directing the transport company to complete reimbursements totaling P25.4 million. In a statement following the...
Grab Philippines said it was surprised by the decision of the Philippine Competition Commission (PCC) to impose a new penalty on the remaining refund for its customers and is evaluating its legal options on the fine. "We are surprised at PCC's decision to fine us - given that we've been proactively...
The Philippine Competition Commission (PCC) has slapped a fresh P9-million peso fine on Grab Philippines amid its failure to fully refund its customers more than three years after the anti-trust body first ordered the reimbursement. In a statement, PCC said that the latest fine is on top of the...
Based on the 2022 edition of the Global Innovation Index, which measures economic progress and competitiveness, the Philippines slipped eight spots to rank 59th in the Programme for International Student Assessment (PISA) scales in Reading, Math, and Science. (Images from Samsung website)...
The Energy Regulatory Commission (ERC) has admitted weakness in investigating anti-competitive behavior, especially for company participants that are trading their generated capacities in the Wholesale Electricity Spot Market (WESM). Given this difficulty in its market policing power, ERC...
The Philippine Competition Commission (PCC) has joined the probe on the unusual high prices of onion for possible cartel or abuse of dominance conduct. In a statement, the anti-trust watchdog said their investigation started in December last year is consistent with the probe prompted by House...
In Tourism and Hospitality National Skills Competition In the recent 2 nd Council of Hotel and Restaurant Educators of the Philippines (COHREP) National Skills Competition, Centro Escolar University School of Nutrition and Hospitality Management students bagged numerous awards. This year, the theme...
Nineteen young Filipino students from across the country each won gold medals at the World International Mathematical Olympiad (WIMO) held last Jan. 7 to 8, in Bangkok, Thailand. Nineteen young Filipino students from across the country each won gold medals at the World International Mathematical...
The Philippine Competition Commission (PCC) has approved the proposed acquisition by AIA Philippines Life and General Insurance Company Inc. (AIA Philippines) of 100 percent shares in MediCard Philippines Inc. (MediCard) stating the merger will not diminish market competition in the sector. In a...
Introducing the Philippine Forest Dog or 'Asong Gubat' The Philippine Circuit, an annual event organized by the Philippine Canine Club, Inc. (PCCI) showcasing some of the best purebred show dogs all over the world, is back at the Smart Araneta Coliseum right at the heart of the Araneta Center,...
Bataan 1st district Rep. Geraldine Roman believes that "cooperative competition" among local farmers can help them become prosperous. As such, the veteran lawmaker filed House Bill (HB) No. 230, or the “Farmer Coopetition Act". The bill seeks to foster cooperation among competing farmer...
The Governance Commission for GOCCs (GCG) and the Philippine Competition Commission (PCC) have signed an agreement to exchange information. The memorandum of agreement, covering both private and government-owned companies, was signed GCG Chairperson Alex L. Quiroz and PCC Officer-in-Charge Johannes...
