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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DOT sharpens tourism strategy to boost visitor value

The Department of Tourism is tightening its playbook, shifting from volume to value as it targets markets and segments that can deliver higher spending and longer stays.

Japan honors two Filipinos for strengthening bilateral ties

The government of Japan has named two Filipino leaders among the recipients of its 2026 Spring Conferment of Decorations, recognizing their roles in deepening relations with the Philippines.

Visa, BPI launch real-time global money transfer service

Global payments company Visa Inc. has partnered with Bank of the Philippine Islands (BPI) to introduce Visa Direct in the Philippines, a service that allows customers to send money abroad in real time.

ADB cuts Asia growth forecast, sees higher inflation amid Middle East crisis

The Asian Development Bank (ADB) on Wednesday lowered its economic growth outlook for developing Asia and the Pacific, warning that ongoing conflict in the Middle East is causing deeper and longer-lasting disruptions than expected.

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