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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Fuel prices set to rise sharply amid Middle East tensions

Fuel prices are poised for another sharp hike this Tuesday following a brief rollback last week, driven by escalating tensions in the Middle East and global supply constraints, a top industry official confirmed Sunday.

EastWest Bank prices rights offering at up to P11.05 per share to raise P9B for expansion and digital transformation

East West Banking Corp., led by the Gotianun family, has set the price range for its stock rights offering at P10.80 to P11.05 per share, with a par value of P10 each. The bank targets to raise around P9 billion through the offer, which will be listed on the Philippine Stock Exchange.

Eala pushes Jovic to the limit, but falls again

Alex Eala finally pushed Iva Jovic to the limit, but the result was painfully familiar.

PAL expands FurPAL: small cats now allowed in-cabin on all domestic flights

The Philippine Airlines (PAL) has updated its FurPAL program to let small cats travel alongside dogs inside the aircraft cabin on every domestic flight, giving Filipino pet owners more flexibility when planning trips.

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