Senator Sherwin Gatchalian on Friday, May 24 took the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) to task in penalizing power-generating plants that may have breached their reliability index. Gatchalian’s call came in the face of looming rotating power outages,...
Commissioner Monina Arevalo Zenarosa of the Commission on Human Rights (CHR) has lauded the Senate’s initiative to propose the “Abogado Para sa Bayan” bill that would provide scholarships for deserving students who want to pursue legal education. As a retired Court of Appeals associate...
The Securities and Exchange Commission (SEC) has approved the shelf registration of SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, for up to P100 billion of fixed-rate bonds and an initial offering worth up to P25 billion. In its meeting on May 23, the...
Despite its completion three years ago, the P7.3 million facility of the provincial government of Aurora for the production of coco coir nets has remained non-operational, the Commission on Audit (COA) said. In its 2023 annual audit report (AAR), the COA said that the subproject, Establishment of...
While the Energy Regulatory Commission (ERC) is partly blamed for the power supply mess in the country due to its slow action on issuance of warranted rules and approvals of power supply agreements (PSAs), it has opted to sign a memorandum of agreement (MOA) with the Board of Investments (BOI) for...
(MANILA BULLETIN) A Laguna congressman who is against the renewal of the Manila Electric Company’s (Meralco) franchise has once again lambasted the power distribution giant for its supposed failure to provide updates on its weighted...
The Securities and Exchange Commission (SEC) has lodged criminal complaints against four groups soliciting investments from the public without the necessary registration and licenses. In a statement, the SEC said has lodged separate complaints before the Department of Justice against Bear Mountain...
The Design Center of the Philippines (DCP), an agency under the Department of Trade and Industry (DTI), spent P1.9 million of the budget allocated for senior citizens and persons with disability (SCPDs) for other plans and programs in 2023, the Commission on Audit (COA) said. In its 2023 annual...
The powerful Commission on Appointments (CA) on Tuesday, May 21 deferred the confirmation of Hans Leo Cacdac as secretary of the Department of Migrant Workers (DMW). Department of Migrant Workers (DMW) Secretary Hans Leo Cacdac faces the Commission on Appointments’ (CA) Committee on...
The life insurance industry registered robust growth in premium collections and financial performance in the first three months of the year, the Insurance Commission (IC) reported. Total premiums collected by life insurance companies increased by 12 percent from January to March 2024 to P87.66...
The Professional Regulation Commission (PRC) on Tuesday, May 21, extended the deadline for submission of applications for the June 2024 Occupational Therapists Licensure Examination (OTLE). (Manila Bulletin File Photo) PRC noted it may still accept applications for OTLE until May 23. “All...
The health maintenance organization (HMO) industry has returned to profitability for the first time in the post-pandemic era, the Insurance Commission (IC) said. In a statement, the IC reported that the HMO sector posted a net income of P6.8 million from January to March 2024, a reversal of the...
