Tag: PCC

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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.

PCC tightens watch on oil, fuel markets 

Amid mounting volatility in global oil markets, the Philippine Competition Commission (PCC) said it is intensifying oversight of the domestic fuel sector to guard against anti-competitive practices that could disadvantage consumers.

PCC urges non-tariff measures reform to curb prices

The Philippine Competition Commission (PCC) is calling for reforms in the implementation of non-tariff measures (NTMs) in the livestock and poultry subsectors, warning that inefficiencies could drive up meat prices and constrain supply.

PCC clears Avon–Natura deal, sees calm competition

The Philippine Competition Commission (PCC) has cleared the proposed acquisition of Natura & Co. UK Holdings Limited by Avon International Limited, concluding that the...

PCC lifts deal thresholds, sharpens focus

The Philippine Competition Commission has raised merger notification thresholds effective March 1, easing compliance for smaller transactions while concentrating oversight on deals with greater potential to reshape competition.

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Filinvest closes in-house construction unit, shifts to third-party contractors

Filinvest Development Corp. (FDC) and Filinvest Land Inc. (FLI) are shutting down their in-house construction arm as the property group shifts to third-party contractors to support its expanding real estate operations.

Globe 9-month net profit falls 7% despite record revenues 

Higher depreciation and net interest expenses, coupled with nonrecurring gains booked in the previous year, dragged down Globe Telecom’s net income by 7 percent to P16.5 billion in the first nine months of 2026 from P17.7 billion a year earlier, offsetting gains from stronger demand for mobile data, fiber broadband, and corporate connectivity.

FedEx brings online duty, tax payments to Philippine import tool

FedEx has added online duty and tax payments to its Philippine import platform, allowing customers to settle customs charges through cards, e-wallets, and bank transfers without logging in.

Megaworld earnings rise 6% as rental income grows

Stronger hotel, mall, and office leasing revenues lifted Megaworld Corp.’s net income by 6 percent to P19 billion in the first nine months of 2026, cushioning modest growth in residential sales and consolidated revenues.

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