Smart Communications Inc., hit back at DITO Telecommunity Corporation saying its accusation of anti-competitive behavior is baseless, a ploy to shirk huge penalties for the fraudulent voice traffic it fails to control in its network, to the detriment of Smart and the government. While Smart has yet...
A strong competition policy will help strengthen the Philippines’ foundation to achieve upper-middle income country status, and to sustain growth towards high-income country status in one generation, Socioeconomic Planning Secretary Karl Kendrick T. Chua said. "By fostering a business-friendly...
The Philippine Electricity Market Corporation (PEMC), which is the governing entity of the Wholesale Electricity Spot Market (WESM), has inked a deal with the United Nations Office for Project Services (UNOPS), for the relevant parties to concretize energy transition roadmap that will primarily be...
The Department of Agriculture’s (DA) Philippine Carabao Center (PCC) has launched a oneSTore.ph vending machine that serves ready-to-consume dairy carabao products 24/7. Photo from Philippine News Agency Located beside the entrance of the Milka Krem outlet in the Science City of Muñoz, Nueva...
President Duterte has signed an administrative order (AO) directing the adoption and implementation of the National Competition Policy (NCP), Malacañang reporters learned on Wednesday night, Oct. 20. (From right) President Rodrigo Duterte and Senator Christopher "Bong" Go (Photo from PCOO...
The Philippine Competition Commission (PCC), the country’s anti-trust watchdog, has set up a task force that will look into the issue of abuse of dominance involving Internet exclusivity deal in condominiums and subdivisions as complaints rise. PCC Chairman Arsenio M. Balisacan revealed this...
The Philippine Competition Commission (PCC), the anti-trust authority in the country, has expressed opposition to any extension on the suspension of its motu proprio review power on mergers and acquisitions (M&As). PCC Chairman Arsenio Balisacan said this at the virtual “Enhancing Competition...
Liberalization will help address the competition concerns hounding the Philippines’ sugar industry, which is keeping the prices of the sweetener high. In a forum organized by Philippine Competition Commission (PCC), Roehlano Briones, a senior research fellow at the Philippine Institute for...
The United Nations Conference on Trade and Development (UNCTAD) has called out the Philippines to keep in check potential power market abuse in the logistics sector, citing serious competition issues, including high freight cost and shortage in containers disrupting supply chains during this...
The Philippine government has tapped San Miguel Corporation (SMC) for its new packaging solution that will prolong the shelf life of local milk. SMC’s packaging unit, San Miguel Yamamura Packaging Corp. (SMYPC), recently signed an agreement with the Philippine Carabao Center (PCC), an attached...
The Philippine Competition Commission (PCC) has approved the joint venture between the City Government of Manila and developer Waterfront Manila Premier Development, Inc. (Waterfront Manila) for their planned Manila Bay reclamation project. The parties have proposed to build “Manila...
Local business groups have strongly called for the passage in Congress the amendments to the Public Service Act (PSA) stressing this will help local firms recover from the pandemic, contradicting concerns of some Senators that the bill will pose a threat to domestic industries. In a joint...