The Philippine National Police (PNP) on Friday, May 29, expressed support for the newly formed civilian-led “EJK Truth Commission” that seeks to document alleged extra-judicial killings and abuses tied to the previous administration’s war on drugs. The police leadership said the initiative...
The Energy Regulatory Commission (ERC) has imposed new limits on the maximum market share power generation companies can control in the country’s regional and national grids, part of its regulatory push to curb monopolies and foster competition in the sector. The ERC updated the installed...
Recent rotational brownouts in Luzon have highlighted the urgent need to modernize the country’s aging power grid, with state-run policy think tank Philippine Institute for Development Studies (PIDS) warning that transmission bottlenecks and delayed infrastructure projects are increasingly...
The central bank and insurance regulators are pushing for the bundling of parametric insurance with traditional credit lines, aiming to unlock vital financing for sectors most exposed to worsening climate risks. By tying automated weather-indexed payouts directly to bank loans, regulators hope to...
DigiPlus Interactive Corp., the country’s premier digital entertainment provider, is on track to meet the stricter financial reporting guidelines imposed by the Securities and Exchange Commission (SEC). The firm announced the publication of its 2025 Integrated Report, establishing a comprehensive...
Local fintech firm BlockShoals Technologies Inc. has been allowed by the Securities and Exchange Commission (SEC) to operate as a crypto asset intermediary (CAI), giving Filipinos access to the products and services of Binance, the world’s largest crypto exchange. Under the partnership,...
The Commission on Higher Education (CHED) has launched a new financial assistance program aimed at easing the cost of mandatory clinical and field-based training for students enrolled in allied health programs nationwide. The Allied Health Experiential Assistance for Deserving Students (AHEAD)...
The Philippine Competition Commission (PCC) is urging traders to make market decisions independently to ensure fair competition in the imported rice sector following the imposition of a nationwide ₱50-per-kilo price ceiling. In a statement on Tuesday, May 26, the country’s antitrust watchdog...
The United States (US) government’s Millennium Challenge Corp. (MCC) has earmarked a $60-million grant for the Philippines focused on the energy sector. Documents discussed during the US aid agency’s economic advisory council meeting last month, which were made public last week, showed that the...
The interagency Financial Stability Coordination Council (FSCC) has flagged rising risks to the Philippine financial system stemming from the prolonged war in the Middle East, increasing corporate vulnerabilities, and growing household debt, although officials said the country’s banking sector...
Former Chief Justice Artemio Panganiban said he is unfazed by new regulatory rules that will strip him of most of his independent board seats, even as GMA Network Inc. fails in its initial court bid to block the sweeping boardroom shakeup. The Securities and Exchange Commission’s (SEC)...
Athletes, who will bag medals at the Palarong Pambansa, will receive incentives from the Philippine Sports Commission, President Marcos announced. Marcos made the announcement in his video message during the opening ceremony of the Palarong Pambansa in Agusandel del Sur on Sunday, May 24. "Masaya...
