The Department of Energy (DOE) is clamping down on power generation companies, with more than a hundred firms facing potential regulatory penalties for failing to justify prolonged plant shutdowns and reduced operating capacities. In a briefing on Monday, July 6, Gabriel B. Corpuz, legal officer...
Amid tightening power supply, depleted grid capacities, and the country’s continuing state of national energy emergency, the Department of Energy (DOE) is set to issue show-cause orders to 164 on-grid generation companies (GenCos) for failing to meet operational standards. Energy Secretary Sharon...
The Energy Regulatory Commission (ERC) is preparing to penalize power generation companies in Visayas whose prolonged plant shutdowns have triggered persistent yellow grid alerts and threatened the regional power supply. ERC Chairperson Francis Saturnino Juan said in an interview last week that the...
The Securities and Exchange Commission (SEC) announced that the International Criminal Police Organization (Interpol) has issued a Red Notice against Maria Francesca Tan in an effort to bring her before Philippine courts for her alleged role in a large-scale fraudulent investment scheme. Published...
The Palawan Group of Companies, the country’s most trusted pawnshop and remittance provider, has formalized a strategic partnership with BDO Unibank, Inc., one of the Philippines’ largest banks, to expand access to faster, more convenient, and more efficient financial services nationwide. The...
When we speak of modern-day heroes, what often comes to mind are the OFWs and medical frontliners. However, ordinary Filipinos who demonstrate resilience in the face of life’s challenges can also be considered heroes. Among them are our kasambahays. More than helpers, they are pillars of...
The Department of Energy (DOE) threatened oil companies with legal action if they fail to implement government-mandated price rollbacks that significantly exceed industry calculations, citing powers granted under a state of national energy emergency. Energy Secretary Sharon Garin issued the...
Has ACT Teachers Party-list Rep. Antonio Tinio found proof of systematic overcharging by local oil companies? In a statement Thursday, April 9, Tinio, a House deputy minority leader flagged what he called the “asymmetric pricing” and profiteering in oil market; which he deduced from his study...
The BE Group of Companies has formally inaugurated its Luzon headquarters in Bonifacio Global City, establishing a permanent beachhead in the Philippines’ primary financial district to scale its hospitality and real estate portfolios. The move signals an aggressive push by the Cebu-based...
DAVAO CITY – The Yanson Group of Bus Companies held its annual stockholders’ meetings over the weekend and shareholders for Mindanao Star Bus Transit Inc. reelected Leo Rey Yanson as chairperson and president. Shareholders also reelected Mindanao Star Bus Transit Directors Olivia Yanson,...
Reports show that in the Philippines and around the world, millions of Filipinos work as domestic helpers, more commonly known as kasambahays. Behind their everyday duties lies quiet sacrifice—many leave their own families behind so they can help keep other households running smoothly, providing...
The Palawan Group of Companies reached a new milestone with the successful staging of its inaugural Marketing Summit, “Palawan NEXTGEN: Marketing in the Age of AI, CX, and Innovation” at Valle Verde Country Club, Pasig City. The two-day summit united an elite roster of experts in finance,...
