Malacañang confirmed that Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta stepped down from her post. Palace Press Officer and Communications Undersecretary Claire Castro said on Monday, July 14, Dimalanta has submitted her irrevocable resignation. “She did. Irrevocable...
Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta has reportedly submitted her resignation and she announced it to the employees during this week’s flag raising ceremony, several insider-sources have confirmed. “The ERC Chair has announced her resignation this Monday… just...
The Securities and Exchange Commission is warning the public that scammers have been using deep fake technology to create manipulated videos and audio recordings that falsely depict JG Summit Holdings Inc. President and CEO Lance Gokongwei and other known personalities endorsing investment schemes...
The Securities and Exchange Commission (SEC) has bolstered support for micro, small, and medium enterprises (MSMEs) with fresh initiatives to bring its services closer to businesses, including tips on how to raise funds from the capital market and crowdfunding. During the celebration of the MSME...
Under the theme “Lasting Friendship,” a series of events were held to celebrate the 23rd Philippine-Spanish Friendship Day, led by the National Historical Commission of the Philippines (NHCP) and the Embassy of Spain, in partnership with the municipal government of Baler, Aurora, the Department...
Senator Pia Cayetano joined on Friday, July 11 health , civil society and child rights advocates in opposing the appointment of Dave Gomez as secretary of the Presidential Communications Office (PCO). Cayetano said appointing someone with longstanding ties to the tobacco industry to a top...
The Securities and Exchange Commission (SEC) has approved the planned preferred share offering of the Gotianun Group’s investment arm Filinvest Development Corp. (FDC) of up to ₱8 billion. In its meeting on July 8, the Commission En Banc resolved to render effective the registration statement...
The Department of Justice (DOJ) has indicted MFT Group and Foundry Ventures, along with their officers, for the unauthorized solicitation of investments from the public following the case buildup by the Securities and Exchange Commission (SEC). In a resolution dated May 26, state prosecutors found...
The Securities and Exchange Commission (SEC) has issued a cease and desist order (CDO) against the Fortune Wave Group and the PU Prime Group (Pacific Union LLC, PU Prime Philippines, and PU Prime Support PH) for soliciting investments from the public without the necessary approvals from the SEC. In...
The Energy Regulatory Commission (ERC) has approved nearly ₱28.3 billion in recoveries for the National Grid Corporation of the Philippines (NGCP), a decision expected to lead to higher power rates for consumers starting in August. ERC Chairperson Monalisa Dimalanta announced on Monday, July 7,...
The inter-agency Financial Stability Coordination Council (FSCC) reassured that Philippine banks maintain robust capitalization and ample liquidity buffers, navigating through global and local challenges. The BSP said in a statement released on Monday, July 7, that during the FSCC’s meeting for...
The Securities and Exchange Commission (SEC) vows to comply with President Ferdinand Marcos Jr. 's directive to streamline its processes, aligning with the Marcos administration’s vision of an inclusive and efficient capital market that can help pave the way for a financially secure future...
