The Securities and Exchange Commission (SEC) is exempting micro-enterprises from the requirement to submit audited financial statements, a move intended to lower the cost of doing business for the country’s smallest corporations. Under Memorandum Circular No. 4, Series of 2026, the regulator...
The Energy Regulatory Commission (ERC) has authorized the National Grid Corporation of the Philippines (NGCP) to proceed with the ₱11.4 billion interconnection project designed to stabilize power supply on Siargao Island. In a formal notice, the industry regulator greenlit the Claver-Siargao...
The Securities and Exchange Commission (SEC) has moved to accelerate corporate filings, issuing new rules that slash processing times for companies seeking to amend their governing documents. In a memorandum circular released Jan. 12, the regulator expanded the scope of its digital filing system to...
Several sports facilities around the country will be completed and upgraded under a collaboration between the Philippine Amusement and Gaming Corporation (PAGCOR) and the Philippine Sports Commission (PSC). Executive Secretary Ralph Recto announced this on Monday, Jan. 19, following a meeting with...
President Marcos has directed all government agencies to help in the call for nominations for the 2026 Presidential Awards for Filipino Individuals and Organizations Overseas (PAFIOO). “All government agencies and instrumentalities, including government-owned or -controlled corporations, are...
The Securities and Exchange Commission (SEC) has extended by three to six months the period during which micro, small, and medium enterprises (MSMEs) can avail themselves of the 20- to 50-percent discount on incorporation and securities registration fees. To give MSMEs more time to register and...
Former Senator Franklin Drilon believes that the Independent Commission for Infrastructure (ICI) can no longer function in its current state, adding that it 's already a "dead" body due to the President 's inaction. In an interview with Usapang Senado on DWIZ, Drilon stated that with...
The Securities and Exchange Commission (SEC) has amended the rules governing real estate investment trusts (REITs), expanding the scope of REIT-able income-generating assets and allowing the use of established investment structures, including unlisted special purpose vehicles (SPVs) and...
The country’s antitrust regulator approved the sale of three Luzon hydroelectric power plants to a unit of Aboitiz Power Corp. after the conglomerate pledged to cap prices and maintain supply levels to prevent market dominance in the grid’s reserve power sector. In a statement, the Philippine...
The Securities and Exchange Commission (SEC) has authorized La Union Electric Co. Inc. to proceed with a ₱251 million direct public offering, the second utility to utilize the regulator’s expedited registration process to fund infrastructure upgrades. The San Fernando-based power distributor...
Senator Joel Villanueva expressed optimism over the implementation of the Doktor Para Sa Bayan law after the program was granted P1.095 billion in funding under the 2026 General Appropriations Act (GAA). "We 're very grateful to President Bongbong Marcos for supporting our Doktor Para Sa...
The Securities and Exchange Commission (SEC) has cautioned the public against using online trading platforms Exness Global Ltd. and HF Markets (HFM), alleging that the firms are illegally soliciting investments from local investors. In separate advisories, the regulator said both Exness Global and...
