Tag: ERC

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ERC adopts dispute resolution policy to speed up energy sector spats

The Energy Regulatory Commission (ERC) has adopted the Alternative Dispute Resolution (ADR) Policy and Manual to create a more efficient and accessible framework for resolving disputes in the energy sector. This development, formalized through Resolution No. 5, Series of 2025, will enable consumers and regulated entities to resolve conflicts through non-judicial methods such as negotiation, mediation, and arbitration, ensuring a faster, cost-effective, and impartial resolution process.

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Lender adds stock trading feature to app

GoTyme Bank has launched a new feature called PH Stocks, allowing users to trade shares directly within its mobile app.

Marcos cuts LPG, kerosene excise to ease costs

President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.

Balisacan sees growth slowdown, downplays recession risk

Economic Planning Secretary Arsenio Balisacan said the Philippine economy is unlikely to slip into contraction this year despite mounting pressures from a fuel crisis, although growth is expected to fall short of earlier government targets.

DPWH eyes SLEX TR4 extension to Sorsogon; first phase set to open this year

The Department of Public Works and Highways (DPWH) is planning to extend the South Luzon Expressway Toll Road 4 (TR4) up to Matnog, Sorsogon by next year.

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