Tag: ERC

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Synergy Grid director quits after appointment as ERC chief

Energy & Mining Context.ph Context.ph -
Synergy Grid & Development Phils. Inc., the controlling stakeholder in the National Grid Corporation of the Philippines (NGCP), announced that independent director Atty. Francis Saturnino C. Juan has stepped down from its board following his appointment as the new Chairperson of the Energy Regulatory Commission (ERC).

ERC adopts dispute resolution policy to speed up energy sector spats

Energy & Mining Context.ph Context.ph -
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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San Beda Alabang shifts to 100% renewable energy with ACEN RES deal

Energy & Mining 0
San Beda College Alabang (SBCA) will now run entirely on renewable energy after signing a power supply agreement with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity arm of ACEN Corp.

Metrobank raises online time deposit rates to up to 5%

Banking & Insurance 0
Metrobank has increased the interest rate of its online time deposit (OTD) product to as much as 5 percent per annum, offering customers higher returns on their savings.

ABS-CBN 1 Q revenue falls amid weak ad spending

Corporate 0
ABS-CBN Corporation reported a slowdown in its Content Production and Distribution business in the first quarter of 2026, reflecting weaker advertising demand and the absence of major entertainment events that boosted earnings a year earlier.

BOC fast-tracks digital customs overhaul by 2027

Trade & Investments 0
The Bureau of Customs (BOC) is ramping up its digital transformation drive, expanding its Super Green Lane program and targeting the full modernization of its Electronic-to-Mobile (E2M) system by 2027 to boost trade efficiency and tighten border security.

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