THE Energy Regulatory Commission (ERC) said it has issued show-cause orders to 37 generation firms for failing to disclose their fuel costs, which the regulator uses to validate the reasonableness of their generation charges.In a statement on Wednesday, the ERC said the power firms were

Addressing teaching quality is first job in reforming education, says World Bank - BusinessWorld Online                                    PHILSTAR FILE PHOTOTHE GOVERNMENT needs to focus on improving teaching quality

THE National Grid Corp. of the Philippines (NGCP) said it is taking a “wait-and-see” approach to the fifth rate reset round as it has yet to receive a final copy of the regulator’s review of the fourth regulatory period (4RP).“The fifth regulatory period is delayed.

John Hay Mile Hi property offered for redevelopment - BusinessWorld Online                                    FACEBOOK.COM/CAMPJOHNHAYPHTHE Bases Conversion and Development Authority (BCDA) said on Wednesday that it is auctioning a

Fil-Chinese biz chamber backs 99-year land leases - BusinessWorld Online                                    THE Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) called on the incoming

As the digital economy continues to expand, governments worldwide are adapting their tax systems to keep pace. The Philippines is no exception. Starting on June 2, digital services consumed within the country will be subject to a 12% Value-Added Tax (VAT), following the signing of

BW FILE PHOTOPHILIPPINE STOCKS slipped on Wednesday as investors booked profits from the market’s two-day climb and monitored the release of corporate results.The Philippine Stock Exchange index (PSEi) inched down by 0.22% or 15.01 points to close at 6,551.81, while the broader all shares index

Peso weakens as market sees June BSP cut - BusinessWorld Online                                    IIIJAOYINGIII-PIXABAYTHE PESO depreciated against the dollar on Wednesday amid expectations of another rate cut by

PHILSTAR FILE PHOTOBy Adrian H. Halili and Kenneth Christiane L. Basilio, ReportersVICE-PRESIDENT Sara Duterte-Carpio may be cleared of her impeachment charges, with pro-Duterte Senators set to take office before her trial begins in July, an analyst said.“Acquittal in the impeachment trial is likely. The VP

PHILIPPINE STAR/ MICHAEL VARCASTHE Philippine government is ensuring that a second international arbitration case against China over the South China Sea is “foolproof,” with a security official on Wednesday saying they are still gathering evidence to make the case airtight should it move forward.“If ever

PRESIDENT Ferdinand R. Marcos, Jr. spoke at the ceremonial signing at Malacañan Palace of a joint circular for the establishment of P1 billion worth of child development centers in low-income parts of the country. — PPA POOL/MARIANNE BERMUDEZTHE Presidential Palace on Wednesday said President Ferdinand