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.
The Bank of the Philippine Islands (BPI) has partnered with Amesco Drug, marking its first collaboration with a Davao-based business under its “May BPI Dito” program.
Spain has presented a new advanced training system for its fighter pilots, led by Airbus and supported by local companies. The program, called the Integrated Combat Training System (ITS-C), will replace the country’s aging F-5 aircraft and involve about 60 percent participation from Spanish industry.
Securities and Exchange Commission has cleared the way for Top Line Business Development Corp., a listed petroleum products distribution and retail company, to tap the capital markets, favorably considering its amended registration statement for a multi-tranche preferred share issuance.