Tag: ERC

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ERC expands lifeline discounts for low-income power users

Low-income electricity consumers are set to get bigger relief on their power bills after regulators approved a new, uniform national lifeline subsidy.

ERC OKs Alternergy’s 500kV integration plan

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

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

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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AMRO downgrades Philippine growth as inflation risks rise

The Philippines is poised for slower economic growth and higher inflation over the next two years as escalating geopolitical tensions in the Middle East drive up energy and commodity costs, prompting the ASEAN+3 Macroeconomic Research Office (AMRO) to downgrade its economic outlook for the country.

MerryMart board clears delisting, tender offer

MerryMart Consumer Corp. is set to leave the stock market as parent group DoubleDragon Corporation moves to fully absorb the retailer in a consolidation play that underscores the growing push among Philippine conglomerates to streamline operations, unlock synergies and scale faster. 

PNB fuels Green GSM’s nationwide EV expansion

Green GSM Philippines has secured a P2-billion credit facility from Philippine National Bank (PNB), providing a major financial boost to the expansion of the country’s all-electric ride-hailing network as demand for sustainable urban transport gains momentum.

Gilas Women stumble, but fight still burns

Gilas Pilipinas Women opened their FIBA 3x3 World Cup campaign with two losses on Monday, but not without flashing the grit and resilience that have become hallmarks of the program.

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