The Commission on Appointments (CA) on Wednesday, June 4 approved the ad interim appointments of three Cabinet officials, including Vince Dizon as secretary of the Department of Transportation (DOTr). Cavite 2nd District Rep. Lani Mercado, who led the deliberation on his appointment as chairperson...
More than 200 executives from 69 government-owned and/or -controlled corporations (GOCCs) have so far tendered their courtesy resignations, according to the Governance Commission for GOCCs (GCG). As of June 3, the total number of GOCC officials who have submitted courtesy resignations to President...
The Securities and Exchange Commission (SEC) has launched a new artificial intelligence (AI)-powered digital platform that will assist and answer public queries related to the Commission 's rules and regulations in real time. The Commission on June 2 officially rolled out SEC AInnovation, a...
President Marcos has appointed lawyer Francis Edralin Lim as the new chairperson of the Securities and Exchange Commission (SEC). Executive Secretary Lucas Bersamin made the announcement on Tuesday, June 3, the same day of his designation. "Today the President has appointed Atty. Francis Edralin...
Malacañang has announced the appointment of former Philippine Stock Exchange (PSE) President Francis Ed Lim as the new chairman of the Securities and Exchange Commission (SEC), following the expiration of the term of current chairperson Emilio B. Aquino. Currently a senior legal counsel...
Department of Transportation (DOTr) Secretary Vince Dizon on Tuesday, June 3 clarified that the rehabilitation of the Epifanio De Los Santos Avenue (EDSA) is only postponed and not technically cancelled. Dizon pointed this out during the hearing of his ad interim appointment before the Commission...
Regulators and stock market players are welcoming the enactment of the Capital Markets Efficiency Promotion Act (CMEPA), as it is key to attracting more investors and boosting trading activity on the local bourse. "The passage of CMEPA sends a clear message to both domestic and global investors...
In a world where bankers and tycoons dominate the finance industry, Securities and Exchange Commissioner Attorney Rogelio Quevedo stands as a lovable and excited lolo with his heart set on changing the way we view bureaucracy, red tape, and financial assets. At a press conference held recently in...
A Commission on Appointments (CA) panel has recommended the confirmation of Secretary Vivencio “Vince” Dizon as Department of Transportation (DOTr) chief on Tuesday, June 3. No member of the CA’s Committee on Transportation objected when Rep. LRay Villafuerte made the motion to recommend...
The powerful Commission on Appointments (CA) has approved the nominations and appointments of 86 generals, flag officers and senior officers of the Armed Forces of the Philippines (AFP). The following are the names of the nominees and appointees that were approved by the CA: Promoted to Commodore...
The Philippine government has secured concessionary funding worth € 250 million, or approximately ₱15.8 billion, from France to enhance the country’s climate actions through a subprogram of the previous action plan. According to a Department of Finance (DOF) statement released on Monday, June...
Ayala Corporation reported that Globe Fintech Innovations Inc. (Mynt, the owner of GCash) is undergoing a stock split that will result in a lower par value per share and increase its market appeal when it launches its initial public offering. In a disclosure to the Philippine Stock Exchange, Ayala...
