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ERC proposes returning constituent fines, penalties as consumer refunds instead

The Energy Regulatory Commission (ERC) has proposed redirecting its collection of fines and penalties from errant constituents into a refund scheme that benefits electricity consumers instead.

DITO looks to gain market share even as it tempers 2024 capex program

DITO Telecommunity Corp., having ramped up an aggressive nationwide network rollout last year, has scaled back its capital expenditures (capex) this year.

Converge toys with co-branding idea allowing DAU to sell mobile broadband with DITO

Converge ICT Solutions Inc. has expressed interest in a deeper collaboration with DITO Telecommunity Corp. down the line like venturing into mobile broadband services at some point. 

Globe adopts post-registration measures versus rouge SIMs

Globe Telecom Inc. over the weekend bared implementing stringent data verification measures to weed out scam-linked SIMs.

Asia rice rates across hubs hold flat as steady demand counters falling supply

Prices of rice exported from major Asian hubs remained steady this week, as moderate-to-flat demand for the staple was offset by support from declining supplies.

Just in

Special bus service to fill LRT-2 service gap

Transport authorities are rolling out a plan to ease the squeeze from limited LRT-2 operations. Transportation Secretary Giovanni Lopez has ordered the LTFRB and LRTA to study issuing special permits for buses to run the full LRT-2 route—Antipolo to Recto and back—stopping at all stations.

A simple formula may predict when AI chatbots go rogue

Artificial intelligence can sound like the smartest person in the room, until it starts giving advice that could do real harm. Now, two physicists at The George Washington University say they may have found a way to predict when that happens, using a surprisingly simple mathematical formula.

OceanaGold boosts Didipio mine safety monitoring

OceanaGold (Philippines), Inc. has improved how it monitors the tailings storage facility at its Didipio Mine, using new technology to track changes in the structure, especially during the rainy season when heavy rainfall can increase risks.

SEC raises capital requirements for stock brokers to boost market stability 

The Securities and Exchange Commission is moving to increase the minimum capital requirement for stock brokers and dealers, aiming to strengthen financial safeguards and align the local market with international standards.
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