The Securities and Exchange Commission (SEC) is poised to ease the minimum public ownership (MPO) requirement for initial public offerings (IPOs), a move that could clear a major hurdle for the long-anticipated market debut of Globe Fintech Innovations Inc. (Mynt), the operator of e-wallet GCash....
A cloudy outlook is emerging on the investigation of the Independent Commission for Infrastructure (ICI) following the resignation of former Public Works and Highways Secretary Rogelio “Babes” Singson. The timing of the announcement was skillfully done, as it came after the closing bell for the...
Senator Francis “Kiko” Pangilinan on Thursday, December 4 renewed his push for the passage of the measure establishing the Independent People’s Commission (IPC). Pangilinan made the call in light of the resignation of former Department of Public Works and Highways (DPWH) Secretary Rogelio...
The Securities and Exchange Commission (SEC) has revoked the corporate registrations and issued fines against two construction companies owned by the Discayas, contractors linked to a high-profile flood control corruption scandal, for submitting false beneficial ownership information. In separate...
The Securities and Exchange Commission (SEC) is set to release guidelines for sukuk issuances in the Philippines, a key step in the government’s push to develop the Islamic capital market and expand local investment options. The SEC has opened its proposed guidelines on the issuance and...
The camp of former Senator Ramon “Bong” Revilla Jr. on Wednesday, Dec. 3, claimed that he was never given the chance to explain or defend himself before the Independent Commission for Infrastructure (ICI). His official spokesperson, Atty. Maria Carissa C. Guinto, stated that Revilla has not...
The Securities and Exchange Commission (SEC) called for collective action to strengthen corporate governance standards and promote sustainability-oriented decision-making. The SEC recently concluded the 12th Corporate Governance Forum, which was held in partnership with Institute of Corporate...
Former Senator Grace Poe on Wednesday, Dec. 3 addressed the recommendation by the Independent Commission for Infrastructure (ICI) to refer her for further investigation by the Office of the Ombudsman, asserting that the move confirms the allegations against her are unfounded. “The ICI’s...
The Securities and Exchange Commission (SEC) reported 43,185 new corporate registrations as of the end of October, reflecting sustained entrepreneurial activity despite a slight dip from the previous year. According to the SEC, the figure is 5.4 percent lower than the 45,624 registrations recorded...
The Securities and Exchange Commission (SEC) is giving entrepreneurs an online platform that allows them to simulate the company registration process as part of efforts to make it easier to do business in the country. The Commission said it has launched Company Registration Simulation, a feature...
The Securities and Exchange Commission (SEC) has approved 16 rental pool deals of Sta. Lucia Land Inc. (SLI), processed under the streamlined guidelines for Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT). The Commission En Banc, in a meeting on Nov. 25, resolved...
With just a month left in 2025, the Energy Regulatory Commission (ERC) is moving to wrap up several major pending regulatory cases. In an interview, ERC Chairperson Francis Saturnino Juan listed unresolved matters concerning the grid, transmission, and energy storage systems (ESS). “The major...
