Tag: PCC

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PCC flags power retail competition roadblock

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.

PCC, IEMOP forge pact to tighten power market oversight

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.

PCC flags rice trade data-sharing risks amid cap

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.

Philippine Competition Commission raises fines

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.

Philippine electric cooperative reforms face critical review

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.

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Sugar imports only a market tool, not policy — DA chief

Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.

R&I affirms Philippines A- rating, stable outlook

Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.

Cybersecurity core to digital finance: Maya leaders

Filipinos’ growing use of financial apps has moved cybersecurity from back-end concern to central user experience, Maya executives said at the BusinessWorld Cybersecurity Summit. This shift reshapes industry practices, customer expectations, and regulatory needs.

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