Tag: ERC

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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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EV incentives targets manufacturing investments, quality jobs

Transport & Logistics 0
The government is looking to accelerate the country's electric vehicle (EV) industry with a new incentive program that it says will attract global manufacturers, strengthen local production and create quality jobs.

Metrobank holds steady at P24.9 billion first-half 2026 income despite challenges

Banking & Insurance 0
Metropolitan Bank & Trust Co., or Metrobank, reported a steady net income of P24.9 billion for the first half of 2026, delivering stable earnings even as the broader business environment remained difficult for the banking sector.

Slower bank lending, softer liquidity point to cautious economy 

Economy 0
The engine powering the nation's money supply in June slowed its pace as both corporate and individual borrowers took a step back. Growth in loans from universal and commercial banks eased to 9.8 percent year-on-year, down from a faster 12.1 percent sprint in May.

HashMicro rolls out AI OS for Philippine enterprises 

Communications & Technology 0
Enterprise software provider HashMicro has launched an artificial intelligence (AI) operating system in the Philippines, betting that businesses are ready to move beyond experimenting with AI and begin embedding it into core operations.

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