Tag: ERC

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ERC expands lifeline discounts for low-income power users

Energy & Mining Context.ph Context.ph -
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

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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Cebuana Lhuillier drives shift from access to active finance use

Banking & Insurance 0
Financial inclusion in the Philippines has made significant strides, with formal account ownership nearly doubling since 2011 based on the World Bank’s Global Findex Database. But the deeper challenge is now emerging as access has expanded faster than sustained usage of financial services.

Customs fast-tracks digital shift in air cargo

Travel & Tourism 0
The Bureau of Customs (BOC) is ramping up the rollout of the Electronic Airway Bill (e-AWB) under Commissioner Ariel F. Nepomuceno, signaling a more aggressive push to digitize export processing and modernize the country’s trade infrastructure.

STI 9-month net income steady at P1.6B; Q3 earnings drop on accounting shift

Corporate 0
STI Education Systems Holdings Inc. reported flat net income of P1.6 billion for the first nine months of its fiscal year ending March, unchanged from the same period a year earlier.

JNEC to supply power to Manila Ocean Park, eyes expansion to other sites

Energy & Mining 0
Local power company Jin Navitas Electric Corp. (JNEC) will serve as the official retail electricity supplier of Manila Ocean Park under a two-year agreement, with an option to extend.

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