Tag: Senate

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SP Gatchalian pushes Senate reforms to spur investments

Senate President Sherwin Gatchalian is pushing a package of economic reforms aimed at reviving investment, creating jobs, cutting power costs, and easing regulatory bottlenecks, including the creation of a Senate panel to coordinate the measures.

SC dismisses VP Duterte impeachment petitions as moot

The Supreme Court on Wednesday dismissed the consolidated petitions filed by Vice President Sara Duterte and lawyer Israelito Torreon questioning the House of Representatives' handling of the impeachment complaints, ruling that the cases had become moot after the Articles of Impeachment were transmitted to the Senate. 

MAP urges Senate to restore public trust

The Management Association of the Philippines (MAP) on Monday called on senators to take decisive action to rebuild the credibility of the Senate as it prepares to convene as an impeachment court for Vice President Sara Duterte.

MBC: Senate President key to restoring trust

The Makati Business Club said restoring public trust in the Senate now largely depends on the leadership of the Senate President following what it described as the “unprecedented drama and chaos” that marked the chamber’s May 11 session.

Political strains put rule of law in spotlight—FPI

Business groups are raising fresh concerns over investor confidence as escalating Senate tensions and the impeachment proceedings against the Vice President place the country’s...

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Central banks must adopt for AI era— BSP chief

Central banks around the world must prepare to seize both the opportunities and navigate the challenges brought by artificial intelligence while upholding their key missions of keeping prices steady and financial systems secure.

STI Holdings’ assets climb 10% to P18.7B

STI Education Systems Holdings Inc. (STI Holdings) grew its consolidated assets by 10 percent to P18.69 billion in the financial year ended June 2026, as strong tertiary enrollment and continued investments in campus infrastructure and education technology supported its financial performance.

Monde Nissin trims capex, targets premium noodle market growth

Monde Nissin Corp. has reduced its 2026 capital expenditure budget to P5.4 billion from about P6.5 billion, prioritizing a new biscuit manufacturing plant in Northern Luzon as it navigates softer noodle volumes and intensifying competition from premium imports.

ERC issues show cause orders against power firms over excessive unplanned outages

The Energy Regulatory Commission (ERC) has stepped up its drive to keep electricity supply steady, issuing 24 show cause orders to 13 power generation companies whose facilities repeatedly went offline beyond allowed limits. Released on October 14, 2026, these orders require the firms to submit verified explanations on why their units exceeded the allowable equivalent unplanned outage limits set under existing reliability rules.

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