Author: admin

The Securities and Exchange Commission (SEC) of the Philippines has issued Memorandum Circular (MC) No. 04, Series of 2026, a landmark regulation designed to ease the regulatory and financial burdens on the country’s smallest corporations. Effective for financial statements covering fiscal years ending on or after December 31, 2025, the new circular significantly raises the threshold…

Manila, Philippines – In a move that sent ripples through the energy sector, Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta tendered her “irrevocable resignation” on July 14, 2025, less than three years into her seven-year term (scheduled to end in 2029). Malacañang confirmed the departure but withheld details on her reasons or President Marcos Jr.’s acceptance.…

The National Electrification Administration (NEA) has issued a reminder to all electric cooperatives (ECs) to strictly adhere to regulatory guidelines for capital expenditure (CAPEX) projects, ensuring timely, cost-efficient, and consumer-focused infrastructure upgrades. In *NEA Memorandum No. 2023-09*, the agency emphasized compliance with ERC Resolution No. 26, Series of 2009, which outlines updated rules for approving CAPEX initiatives.…