Competition watchdogs are stepping up scrutiny of the Philippines’ retail electricity market after a new study found that market concentration, customer inertia, and structural barriers continue to limit competition despite ongoing power sector reforms.
The Philippine Competition Commission (PCC) and the Independent Electricity Market Operator of the Philippines Inc. (IEMOP) have signed an agreement to strengthen oversight of the country's electricity sector through the regular sharing of market data and intelligence.
The Philippine Competition Commission has warned rice importers against sharing sensitive trade information as it monitors compliance with the government’s temporary rice price cap, stressing that businesses must make independent market decisions to preserve fair competition.
The Philippine Competition Commission (PCC) has dramatically increased penalties for anti-competitive practices and non-compliance under its newly issued Memorandum Circular No. 26-002, signaling a more aggressive approach to market discipline.
The Philippine Competition Commission (PCC), in coordination with the National Electrification Administration (NEA), is calling for a careful reassessment of proposed reforms to the ownership structure of electric cooperatives (ECs), as legislative franchises near expiration over the next five years.
The Philippines put more than USD20 billion worth of infrastructure and industrial projects before about 600 local and foreign investors, seeking to turn the Luzon Economic Corridor (LEC) from a development blueprint into a pipeline of fundable deals.
Agriculture Secretary Francisco P. Tiu Laurel Jr. called for stronger ASEAN-India collaboration Wednesday at the Ninth ASEAN-India Ministerial Meeting on Agriculture and Forestry, warning that geopolitical tensions, climate shocks, and volatile farm input costs threaten regional food supplies.
Twenty-nine Luzon and Visayas electric cooperatives have secured long-term power supply agreements (PSAs) with six generation firms, ensuring stable electricity for millions, the National Electrification Administration (NEA) announced Thursday.
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has recognized the Philippine National Police’s (PNP) support in addressing electricity theft as it pledged to sustain efforts to reduce system losses, particularly non-technical losses arising from illegal connections and power pilferage.