The Securities and Exchange Commission (SEC) is giving companies more flexibility in offering securities, particularly in the timing of issuances, as market conditions can be volatile. In line with this, the commission said it has expanded the validity of shelf registration offerings and simplified...
Senate President Vicente "Tito" Sotto III will be meeting with the Independent Commission for Infrastructure (ICI) to discuss the government 's budget process and how insertions are made possible. "I was invited by ICI to shed light on how the usual budget process of government or of the...
The Securities and Exchange Commission (SEC) is waring the public against dealing with Quadbit Verse and C’preneur Perfume Trading for their unauthorized solicitation of investments. In separate advisories, the SEC said both Quadbit Verse and C’preneur have been found to be soliciting...
The Philippine Commission on Women (PCW) has strongly condemned the reported misconduct of Cavite 4th District Representative Francisco “Kiko” Barzaga, who is facing a formal complaint before the House of Representatives Ethics Committee over alleged lewd photos and inappropriate remarks...
Senate Majority Leader Juan Miguel “Migz” Zubiri expressed concern over the absence of any law that caps interest rates on online lending applications, warning that the gap leaves millions of Filipinos exposed to predatory practices. At the hearing of the Senate Committee on Games and...
The three-member Independent Commission for Infrastructure (ICI) has buckled down to work to investigate irregularities in government infrastructure projects, prioritizing flood control, ICI special adviser and Baguio City Mayor Benjamin Magalong said on Tuesday, Sept. 16. Magalong said the panel,...
The Department of Finance (DOF) and the Securities and Exchange Commission (SEC) have signed a data sharing agreement (DSA) on beneficial ownership information in support of the government-led initiative tasked to uphold international standards for the sound management of natural resources. The...
While President Marcos defined the Independent Commission for Infrastructure (ICI) as a fact-finding team that has no contempt power, he will not close his doors for efforts to give the body more powers. A group of lawmakers has urged Congress to fast-track the passage of House Bill 4453, which...
Insisting that creating an independent commission to investigate the massive corruption in the government’s infrastructure projects is “nothingness,” Vice President Sara Duterte said on Tuesday, Sept. 16, that President Marcos should just ask Speaker Martin Romualdez to step down. In an...
Senate President Pro Tempore Panfilo “Ping” Lacson on Monday, September 15 expressed hope that the Independent Commission for Infrastructure (ICI) established by President Marcos will bring justice to a nation that is “drowning” as a result of corruption. Lacson also said he has high hopes...
President Marcos said that the newly-formed Independent Commission for Infrastructure (ICI) wants to get something done as quickly as possible and agreed to meet daily. Marcos said the commission intends to fast-track its probe into anomalous flood control projects so as not to waste the...
It 's not enough to only discover how much public funds have been stolen, the unfinished and substandard projects must also be redone and completed, President Marcos said. And the reimplementation of those projects will no longer be paid for by the government, Marcos said as he insisted that...
