The Commission on Filipinos Overseas (CFO) has transferred its main office to Pasay City starting Sept. 1, in a move aimed at making its services more accessible to Filipino emigrants. CFO Secretary Dante “Klink” Ang II confirmed that the new office is on the 9th Floor, Nexgen Tower, C-4 Road,...
As part of its efforts to develop the local capital market, the Securities and Exchange Commission (SEC) has outlined policy reforms which includes improving regulatory framework that will make Philippine listed companies to be included in global market indices. “A robust market must reflect the...
The Commission on Elections (Comelec) en banc on Friday, Aug. 29, affirmed the Commission Second Division 's ruling granting the petition to cancel registration of the Duterte Youth Party-list. In a 12-page resolution, the Commission en banc denied the party-list 's Motion for...
The Securities and Exchange Commission has called on leaders and innovators in the financial technology sector to help develop a globally competitive capital market. “If we work together—government, industry, and innovators—we can make the Philippines not just a participant, but a leader in...
The Securities and Exchange Commission (SEC) has expanded its list of industries that can avail of its one-day registration process as part of the Commission’s drive to make company registration faster and easier. The SEC said registrations have surged with the expansion of the list of industries...
The Securities and Exchange Commission (SEC) is “closely monitoring” the arrest of Global Ferronickel Holdings Inc. (FNI) Chairman Joseph C. Sy over allegations of misrepresentation of his citizenship. “Given Mr. Sy’s role as chairman of a publicly listed company, the SEC is closely...
Members of the powerful Commission on Appointments (CA), responsible for confirming or rejecting presidential appointees, swore in and elected officers during its first plenary session on Tuesday, Aug. 26, for the 20th Congress. During Tuesday’s plenary session, August 26, 2025, Senate President...
The Securities and Exchange Commission (SEC) has ordered seven online platforms to stop lending-related operations since they are not registered with the Commission. In separate cease and desist orders (CDOs) dated Aug. 15, the SEC Financing and Lending Companies Department (FinLend) directed Cash...
The Energy Regulatory Commission (ERC) said the regulator would accelerate its decisions on power supply deals to boost investor confidence and ensure reasonable prices for consumers. During a recent meeting, ERC Chairperson Francis Saturnino Juan stated that the commission needs to implement...
A successful compromise agreement—a process initiated during the previous administration—added ₱714 million to national coffers last May, coming from the current owner of a Monet painting that had been sold overseas and formed part of the ill-gotten wealth of the late strongman Ferdinand E....
Sun Life of Canada (Philippines), Inc. maintained its lead in the domestic life insurance industry, posting ₱28.9 billion in premium income in the second quarter of the year. In a statement, the local unit of Sun Life of Canada, Inc. reported that premium earnings were nearly double the...
Villar Land Holdings Corp. maintained that its delay in submitting financial reports was caused by its external auditor’s varying requests for additional audit procedures regarding the valuation of properties acquired for Villar City. The firm confirmed in a statement on Thursday, Aug. 21, that...
