Senator Joel Villanueva said on Wednesday, Oct. 29, that Senate records will show his opposition to flood control projects "from the very beginning", following the Independent Commission for Infrastructure 's (ICI) recommendation to file charges against him and several other lawmakers before...
The Securities and Exchange Commission (SEC) reported that it had given discounts in fees amounting to ₱80 million to thousands of corporations, including micro, small and medium enterprises (MSMEs), across more than 40,000 transactions due to recent corporate sector reforms. Since July, the SEC...
The Securities and Exchange Commission (SEC) has approved a stock split for Globe Fintech Innovations Inc. (Mynt), the owner of GCash, a move intended to lower the per-share price and make the stock more affordable for its long-anticipated initial public offering (IPO). In a disclosure to the...
Senator Erwin Tulfo said he is ready to face the quo warranto petition filed against him before the Senate Electoral Tribunal (SET). “Aware naman na po tayo na may nakabinbin na ganito sa SET at handa po tayong harapin ito (We are already aware that such a case is pending before the SET, and we...
Mobile wallet giant GCash has denied reports that its users ' personal data was compromised and allegedly sold on the dark web, asserting that its systems remain intact and that no data breach has occurred. In a statement on Monday, Oct. 27, GCash said that initial forensic analysis “shows...
Malacañang called for calm and patience after protesters stormed the headquarters of the Independent Commission for Infrastructure (ICI) on Friday, Oct. 24, to denounce what they claimed was slow progress and the lack of transparency in the government’s corruption probe. In her press briefing,...
The Securities and Exchange Commission (SEC) is poised to roll out its own blockchain-based platform that allows for a more secure digital authentication of reports and other documents filed by corporations. The Commission said this is its part in ongoing efforts to harness blockchain technology to...
President Marcos has appointed former Ombudsman Merceditas Gutierrez as the new chairperson of the National Commission of Senior Citizens, Malacañang said. Palace Press Officer and Undersecretary Claire Castro confirmed Gutierrez 's designation on Wednesday, Oct. 22. "Confirmed," she said in...
The Energy Regulatory Commission (ERC) has eased share listing deadlines and requirements for power generation companies amid widespread difficulty among smaller firms in meeting a decades-old public offering mandate (POR). In a briefing, ERC Chairperson Francis Saturnino Juan said the commission...
Senator Rodante Marcoleta questioned on Tuesday, Oct. 21, the Independent Commission for Infrastructure 's (ICI) independence when it 's asking assistance from different government agencies. Marcoleta pointed this out during the finance subcommittee 's deliberations of the...
Senate President Pro Tempore Panfilo "Ping" Lacson said on Monday, Oct. 20, that the government’s fight against corruption should not just cater to the business sector but also to the welfare of ordinary Filipinos who religiously pay taxes, including the 12 percent value-added tax (VAT). Lacson...
The Energy Regulatory Commission (ERC) has approved an increase in the Feed-in-Tariff Allowance (FIT-All) rate, starting next month, which will slightly raise power bills to generate sufficient funds for paying renewable energy (RE) developers. In a briefing on Monday, Oct. 20, ERC Chairperson...
