The Philippine Competition Commission (PCC) is urging traders to make market decisions independently to ensure fair competition in the imported rice sector following the imposition of a nationwide ₱50-per-kilo price ceiling. In a statement on Tuesday, May 26, the country’s antitrust watchdog...
The United States (US) government’s Millennium Challenge Corp. (MCC) has earmarked a $60-million grant for the Philippines focused on the energy sector. Documents discussed during the US aid agency’s economic advisory council meeting last month, which were made public last week, showed that the...
The interagency Financial Stability Coordination Council (FSCC) has flagged rising risks to the Philippine financial system stemming from the prolonged war in the Middle East, increasing corporate vulnerabilities, and growing household debt, although officials said the country’s banking sector...
Former Chief Justice Artemio Panganiban said he is unfazed by new regulatory rules that will strip him of most of his independent board seats, even as GMA Network Inc. fails in its initial court bid to block the sweeping boardroom shakeup. The Securities and Exchange Commission’s (SEC)...
Athletes, who will bag medals at the Palarong Pambansa, will receive incentives from the Philippine Sports Commission, President Marcos announced. Marcos made the announcement in his video message during the opening ceremony of the Palarong Pambansa in Agusandel del Sur on Sunday, May 24. "Masaya...
The Securities and Exchange Commission (SEC) finalized rules imposing a maximum 10-year cumulative term limit for broker-directors of the Philippine Stock Exchange (PSE), standing firm against pushback from local stockbrokers while offering a two-year transition window. Under SEC Memorandum...
Manolo Fortich’s own Rolando Bregente Jr. saw himself rising from the fairways of Del Monte Golf and Country Club to rule the inaugural NCAA Season 101 Golf Tournament presented by the Philippine Sports Commission on Wednesday, May 20. The 24-year-old Lyceum of the Philippines University...
The Securities and Exchange Commission (SEC) has revoked the broker-dealer registration of Mount Peak Securities Inc. after uncovering widespread regulatory violations, fraudulent financial reporting, and the use of a dummy account by the firm’s top executive. The regulator’s Markets and...
The Commission on Audit (COA) has denied a P1.5-billion money claim filed by a group of insurance firms against the Home Development Mutual Fund (HDMF) or Pag-IBIG Fund over allegedly unremitted fire insurance premiums tied to housing loans. In a 17-page decision dated March 17, 2026, the COA ruled...
OPM icon Ice Seguerra has finally opened up about the personal and political struggles that led to his resignation as chairperson of the National Youth Commission (NYC) back in 2018. During a candid interview on " Fast Talk with Boy Abunda ," the award-winning singer-songwriter reflected on his...
DAGUPAN CITY— The Philippine Sports Commission (PSC) has officially unveiled Dagupan City as Pangasinan’s Regional Training Center for Gymnastics and Swimming, sparking excitement and strengthening hopes of shaping the next generation of Filipino world-class athletes. PSC Chairman Patrick C....
The Securities and Exchange Commission (SEC) has amended its rules by expressly including securities exempt from registration with the commission, such as government securities (GS), in the portfolio threshold requirements for qualified buyers. The SEC said the amendment is aimed at promoting...