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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Water firm rolls out summer plan amid extreme heat warnings

Environment 0
Manila Water Philippine Ventures (MWPV), the Non-East Zone unit of Manila Water Company, has started its summer preparedness plan as the country faces possible extreme heat in the coming months.

Insurer expands portfolio options with globally diversified income fund

Banking & Insurance 0
Pru Life UK has launched a new globally diversified investment fund, underscoring what it calls a major shift in how investors must approach wealth building in today’s uncertain financial environment.

Philippines drops RACE, pivots to EV incentives 

Trade & Investments 0
The Philippine government has scrapped its long-planned Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, opting instead to fast-track a new incentive framework focused on electric vehicles, a senior investment official said.

Negros Power pours P1.3B into grid upgrades; cuts outages and expands rural electrification

Energy & Mining 0
Negros Electric and Power Corporation (Negros Power) is seeking to accelerate its grid modernization by allocating P1.3 billion to upgrade infrastructure, expand electricity access and improve service reliability across the province. 

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