Tag: ERC

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

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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.

Globe upgrades loan services for prepaid users

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Telecom company Globe Telecom has improved its load and promo loan services for Globe Prepaid and TM users, making it easier for Filipinos to stay connected even without mobile balance.

SM Investments says retail business to help drive growth amid challenges

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SM Investments Corp. (SMIC) said its retail segment is expected to help sustain the company as it navigates a challenging economic environment.

Probable cause found to impeach VP

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The Committee on Justice of the House of Representatives on Wednesday found sufficient evidence to establish probable cause to support an impeachment complaint against Vice President Sara Duterte, citing allegations of misuse of confidential funds, threats against President Ferdinand Marcos Jr. and his family, and unexplained wealth. The committee report will be elevated to the plenary, where at least one-third of the 316-member House, or 105 lawmakers, must vote to approve the Articles of Impeachment. If approved, the case will be transmitted to the Senate, which will convene as an impeachment court for trial. All 53 members of justice committee  present voted in favor of the findings.

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