ERC orders P1.18B consumer refund for unused reset fee
The Energy Regulatory Commission (ERC) has directed all private distribution utilities (DUs) to refund P1.18 billion to consumers, representing unused fees previously collected to cover the cost of periodic regulatory resets.
GSIS spreads holiday cheer with P1.5 million Christmas raffle
The Government Service Insurance System (GSIS) celebrated the holiday season with a heartwarming raffle event, awarding a total of P1.5 million to its members and pensioners. During the festive “GSIS Touch and Win” Christmas raffle, 300 winners — 210 active members and 90 pensioners — each received P5,000 in prizes.
First Metro signs deal for sale of asset management unit to ATR Financial
First Metro Investment Corp. on Wednesday signed a Deed of Absolute Sale with ATR Financial Holdings, Inc., following MET Holdings Inc.’s execution of an accession agreement transferring its rights to ATR Financial.
Renewable energy surge: Over 716 MW in new projects apply for grid connection studies
Seven power generation and energy storage projects, collectively worth 716.43 megawatts (MW), were cleared to undergo system impact studies (SIS) by the National Grid Corporation of the Philippines (NGCP) in November, the Department of Energy (DOE) said on Wednesday.
CICC issues warning against fraudulent SIM registration services
The Cybercrime Investigation and Coordinating Center (CICC) issued a public advisory on Wednesday, urging consumers to be wary of fraudulent offers for expedited SIM card registration.
