Tag: ERC

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ERC OKs Alternergy’s 500kV integration plan

Energy & Mining Context.ph Context.ph -
Alternergy Holdings Corp. said the Energy Regulatory Commission (ERC) has approved the application of Alternergy Tanay Wind Corp. (ATWC) to integrate its 128-megaWatt Tanay...

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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Alsons Power turns Sarangani diesel plant into 98.7 MW solar facility

Energy & Mining 0
Alsons Power has announced a major shift toward green energy by converting its 55-megawatt (MW) diesel power plant in Alabel, Sarangani, into a 98.7-megawatt solar power facility.

Globe bolsters Philippine ASEAN 2026 hosting with major connectivity push

Corporate Bulletins 0
The Philippines successfully hosted the first quarter of the 2026 ASEAN-related events backed by a massive digital infrastructure push from telecom giant Globe, marking a significant milestone in public-private collaboration for national development. Working in tight coordination with the Department of Information and Communications Technology, the National Telecommunications Commission, and the ASEAN National Organizing Council, Globe proactively deployed free mobile signal enhancements, optimized network capacities, and rolled out targeted 5G coverage across key venues in Metro Manila, Cebu, Bohol, Iloilo, and Boracay. This nationwide initiative ensured that international delegates, organizers, and media experienced seamless, high-speed communication throughout the high-profile regional summits.

Most Filipinos lack emergency savings despite rising financial literacy

Banking & Insurance 0
A stark divide has emerged between what Filipinos know about money and how much they have actually saved, prompting proactive workplace interventions. According to the Bangko Sentral ng Pilipinas 2025 Consumer Finance and Inclusion Survey, basic financial literacy among Filipino adults has risen to 74 percent, up from 69 percent in 2021. However, this knowledge has not yet translated into financial security, as a worrying 30 percent of Filipinos report having enough savings to weather an emergency or sudden income loss, and fewer than half are satisfied with their current financial state.

PLDT secure indigenous approval for Palawan undersea cable project

Communications & Technology 0
Telecom giant PLDT Inc. has officially secured the backing of the Tagbanua Indigenous Cultural Communities (ICC) for its new undersea fiber-optic project, clearing a major path to boost internet reliability across Palawan.

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