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...
The Securities and Exchange Commission (SEC) has approved the applications of G-Xchange, Inc. (GCash) and Macodimarc Technology Corporation (Pluang PH) to participate in the Commission’s regulatory sandbox. On June 2, 2025, the SEC formally issued the Notice of Approval for Entry into the SEC...
ILOILO CITY – President Ferdinand R. Marcos Jr. was urged to review the appointment of former Mayor Alex Centena of Calinog town in Iloilo province as Visayas commissioner of the National Commission on Indigenous Peoples (NCIP). “We humbly and earnestly appeal to your good office to reconsider...
The Securities and Exchange Commission (SEC) has approved the planned initial public offering (IPO) of Maynilad Water Services, Inc. for next month, aiming to raise a maximum of ₱45.8 billion. The Commission En Banc, on May 30, resolved to render effective the registration statement of Maynilad,...
Lopez-led First Gen Corporation, via its subsidiary First Gas Power Corporation, is seeking approval from the Energy Regulatory Commission (ERC) for the extension of its power purchase agreement (PPA) with the Manila Electric Company (Meralco) covering its 1,000-megawatt Santa Rita gas-fired plant,...
