Senator-judge Raffy Tulfo on Wednesday, Aug. 12, questioned the Office of the Vice President’s P16 million confidential fund spending on safe-house rentals in 2022 for 11 days, noting that the amount appeared higher in comparison with daily rental rates in exclusive subdivisions. During the 15th...
Manila Electric Co. (Meralco) reduced electricity rates for August as the regulator-approved refund cushioned increases in transmission, tax, and generation charges. In a statement, Meralco said the country’s largest power distributor lowered its overall rate for a typical household by ₱0.0428...
The country’s power supply mess is getting uglier by the day, particularly in the Visayas. Perhaps President Marcos’ “mahiya naman kayo” verbal fireworks now need to be directed squarely at Department of Energy (DOE) officials. While millions of distressed Filipinos endure tight supply and...
The Civil Service Commission (CSC) has suspended the Career Service Examination-Pen and Paper Test for the Professional and Subprofessional levels scheduled for Sunday, Aug. 9, in several areas in Luzon due to heavy rains caused by the enhanced southwest monsoon (habagat). The suspension covers all...
The Securities and Exchange Commission (SEC) expressed disappointment after two veteran stockbrokers mounted a court challenge against new rules capping the tenures of broker-directors on the Philippine Stock Exchange (PSE) board. The dispute centers on SEC Memorandum Circular No. 17, which...
TAGAYTAY CITY - Citing the fruitful results, Philippine Sports Commission chairman Patrick Gregorio underlined why hosting the just-concluded 10th Aero Gymnastics Asian Championships presented by the PSC at the Tagaytay CT Velodrome here was good anew for local sports development and tourism. "This...
The Management Association of the Philippines (MAP) urged energy regulators to overhaul electricity billing rules and tighten caps on system losses, warning that high power tariffs continue to erode the country’s economic competitiveness and deter foreign investments. In a set of recommendations...
In one of his columns, syndicated writer Mike Royko routinely used the line, “What do you expect me to do, give it to strangers?” whenever Chicago Mayor Richard J. Daley was challenged about awarding a lucrative municipal insurance contract to a close political friend instead of opening it to...
Veteran stockbrokers Ma. Vivian Yuchengco and Eddie T. Gobing have asked the Court of Appeals to bar the Securities and Exchange Commission (SEC) from implementing its new rule imposing term limits on broker-directors of the Philippine Stock Exchange (PSE) board. In their petition, they asked the...
The government has eliminated administrative and regulatory bottlenecks for households and businesses installing small-scale solar panels for self-consumption to accelerate clean energy adoption and lower electricity costs. Under Department Circular No. DC2026-08-0017, signed by Energy Secretary...
The Social Security System (SSS) and the Commission on Filipinos Overseas (CFO) signed a memorandum of understanding to widen social security coverage for overseas Filipinos and their dependents. SSS President and Chief Executive Officer Robert Joseph Montes de Claro and CFO Chairperson Secretary...
Senator-Judge Imee Marcos on Tuesday quizzed Commission on Audit (COA) auditor Roderick Wamil over his interpretation of the COA-Department of Budget and Management Joint Circular on accountability for confidential funds, while also questioning his earlier testimony that Vice President Sara Duterte...
