
ERC ruling puts system loss outside VAT net
An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
· 2 MIN READ
Topic

An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
· 2 MIN READ

Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) has completed its acquisition of a 30 percent equity stake in RCBC Leasing & Finance…
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Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) has completed its acquisition of a 30 percent equity stake in RCBC Leasing & Finance…
· 2 MIN READ

Power distributors will have to absorb the cost of renewable energy certificates (RECs) purchased above prevailing market rates instead of passing the…
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PetroEnergy Resources Corp. (PERC) is cutting its direct stake in wind energy unit PetroWind Energy Inc. (PWEI) to 25 percent from 60 percent under a proposed…
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‘The problem of squatting, as they say, is that they live on land that is not theirs. This is our solution. Social Housing Finance Corporation is helping them…
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Funny, but Malacañang obviously heard of the project, and it is being rebranded in press statements as a ‘national government initiative,’ with the Mindanao…
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PetroEnergy Resources Corp. (PERC) is cutting its direct stake in wind energy unit PetroWind Energy Inc. (PWEI) to 25 percent from 60 percent under a proposed…
· 2 MIN READ

MANILA, Philippines — The ASEAN+3 Macroeconomic Research Office (AMRO) has sharply revised its 2026 gross domestic product (GDP) and inflation forecasts amid…
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Power distributors will have to absorb the cost of renewable energy certificates (RECs) purchased above prevailing market rates instead of passing the…
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The Department of Finance (DOF) welcomed Executive Order (EO) No. 122, which establishes a national policy framework for the responsible development of the…
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Bank of the Philippine Islands (BPI) and Dunkin’ are offering VYBE users six Premium Donuts for P175 at participating stores in Metro Manila and Luzon until 31…
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Citicore Holdings Investment Inc. (CHII) has built a nearly P1-billion direct position in Citicore Renewable Energy Corp. (CREC) after acquiring more than 211…
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The Department of Energy (DOE) is unloading the government’s liquefied petroleum gas (LPG) stocks to cut mounting storage costs, as improved supply conditions…
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Moody’s Ratings has affirmed the Philippines’ Baa2 investment-grade credit rating and maintained its stable outlook, citing the resilience of the country’s…
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Strategic investments fast-tracked under the government’s Green Lane initiative reached P6.36 trillion as of 31 July 2026, with renewable energy accounting for…
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The local currency has hit record lows 12 times since the escalation of the Middle East conflict at the beginning of March. Before tensions intensified, the…
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Negros Electric and Power Corp. (NEPC) remains compliant with its allowable system loss ceiling, clearing the company of an earlier regulatory finding that it…
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