Top News
Remittances climb 2.6% in March, reinforcing economic stability
Personal remittances from overseas Filipinos (OFs) rose by 2.6 percent year-on-year to USD3.13 billion in March this year, up from USD3.05 billion in March 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP).
Globe leads PH telcos in responsible AI rollout
Globe Telecom is accelerating its adoption of Generative AI (GenAI) technologies across its operations, positioning itself as a leader in responsible and impactful AI deployment within the domestic telecommunications sector.
ERC cracks down on 37 gencos over fuel data gaps
The Energy Regulatory Commission (ERC) has issued 40 show cause orders (SCOs) to 37 power generation companies (gencos), for failing to submit complete fuel data for the 2022 audit period—raising serious implications for transparency, cost recovery, and regulatory compliance in the domestic power sector.
NGCP cuts April transmission rates by 28%
The National Grid Corporation of the Philippines (NGCP) announced a 28.45 percent reduction in transmission rates for the April 2025 billing period, with potential easing effects on electricity costs for millions of consumers.
Meralco cuts May rates amid power supply stability
Manila Electric Co., the country’s largest power distributor by sales, announced on Tuesday a significant reduction in electricity rates for May, lowering the overall rate to P2.2628 per kiloWatt-hour from P13.0127 in April.
