The Securities and Exchange Commission (SEC) and the Philippines’ leading finance super app GCash have signed a memorandum of agreement (MOA) to go after perpetrators of online fraud, e-scams, and other cybercrimes. Under the agreement, GCash will assist and cooperate with the SEC in...
The Securities and Exchange Commission (SEC) has relaxed the disclosure requirements for public offerings as part of guidelines issued to streamline the process for companies seeking to raise funds from the capital market. SEC Chairperson Emilio B. Aquino “The streamlined procedures are part of...
Sen. Grace Poe said she believes that the next person to lead the Office for Transportation Security (OTS) should have an immense political will to overhaul the agency. She issued the statement on Wednesday, Sept. 27 after the courtesy resignation of OTS Administrator Undersecretary Ma. O Aplasca...
The Securities and Exchange Commission (SEC) has teamed up with the United Nations Office on Drugs and Crime (UNODC) and Open Ownership (OO) for the potential use of beneficial ownership data in curbing corruption in the government procurement process. The SEC and UNODC recently organized a focus...
The Securities and Exchange Commission (SEC) is supportive of a move in Congress to lower taxes on stock transactions to boost and improve the competitiveness of the Philippine capital market. Albay 2nd District Representative Jose Ma. Clemente Salceda has filed House Bill No. 8958, or the...
House Speaker Martin Romualdez (left), DOTr Secretary Jaime Bautista (Speaker’s office, Facebook) Is somebody trying to "sabotage" or sully Jaime Bautista's tenure as Department of Transportation (DOTr) secretary? House Speaker Martin Romualdez floated...
House Speaker Martin Romualdez (rightmost) (Speaker’s office) "We are already fed up." House Speaker Martin Romualdez has said that he would personally block the approval of the Office of Transport Security's (OTS) budget if its administrator, Mao Aplasca,...
VOICE OF THE OPPOSITION Senator Ninoy Aquino served from 1967 to 1972 I was four years old when Martial Law was declared in the republic. I remember being brought to Malacañan compound with my family to stay with my dad’s older spinster aunt and cousins at what was then known as the tea house or...
Sen. Grace Poe on Thursday, September 14 said she is expecting a speed boost in the modernization of the Ninoy Aquino International Airport (NAIA) after several companies have reportedly expressed interest in participating in the bidding. Department of Transportation (DOTr) Assistant...
The Securities and Exchange Commission (SEC) has given crowdfunding portals the authority to act as registrars of qualified institutional and individual buyers, as it ramps up efforts to boost the capital market. The Commission has issued SEC Memorandum Circular No. 12, Series of 2023, providing...
Trina Candaza and her daughter Enola Mithi (Images courtesy of Instagram) It's a mother-and-daughter day for Trina Candaza as she celebrates Enola Mithi's third birthday with a unicorn-inspired party. But Mithi's father, actor Carlo Aquino, is missing from the celebration. Trina took her time...
The Securities and Exchange Commission (SEC) is set to raise basic penalties on the late and non-filing of reports by as high as 1,900 percent to compel corporations to comply with their reportorial requirements on time. The SEC will release a new scale of fines and penalties for the late and...
