The 'hotness ' of the Philippines for renewable energy investments may be losing its sizzle. Some foreign investors are now quietly slipping out the back door, leaving behind whispers of uncertainty, a trail of unanswered questions about what went wrong, and a half-empty plate of missed...
The Makati City Regional Trial Court has upheld the conviction of the officers of the delisted Calata Corporation for making misleading statements about its supposed Mactan Leisure City project, which led to a surge in the trading of its shares in 2016. In a consolidated order dated May 19, Branch...
The Securities and Exchange Commission (SEC) credited outgoing Chairperson Emilio B. Aquino for championing reforms that paved the way toward a more business-friendly and innovative corporate sector and efficient capital market. “When I started my term, I envisioned an SEC that empowers...
The Energy Regulatory Commission (ERC) has ordered 22 generation companies (GenCos) to justify the reason behind their derating power plants so far this year. According to the ERC on Thursday, June 5, these GenCos must submit within seven days from the receipt of the letters to explain why their...
GCash will now provide Filipino investors with access to the largest global stocks, following the Securities and Exchange Commission 's (SEC) approval of the fintech 's regulatory sandbox for its stock trading service. “This initiative marks a pioneering step toward making global...
The Securities and Exchange Commission (SEC) boasts of a seven-year streak in receiving a good housekeeping mark from the Commission on Audit (COA), with unmodified opinions for its financial statements, under the leadership of Chairperson Emilio B. Aquino. The Commission on June 2 received...
More executives from 78 government-owned and/or -controlled corporations (GOCCs) have turned in their resignation letters to the Palace, according to the Governance Commission for GOCCs’ (GCG) latest report as of June 4. Three more presidents and chief executive officers (CEOs) have submitted...
On May 21, The Climate Reality Project Philippines held its first leg of Klima Eskwela at Caraga State University in Butuan City, Agusan del Norte. Designed to engage students in addressing the climate and plastic crises, Klima Eskwela is an offshoot project of the Climate Reality Philippines’...
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...
