The Securities and Exchange Commission (SEC) has issued rules giving minority shareholders in publicly listed companies (PLC) more power by allowing them to call special stockholders’ meetings. SEC Chairperson Emilio B. Aquino (Photo credit: https://www.sec.gov.ph/commissioners/) “The newly...
For as long as the Association of Boxing Alliances in the Philippines (ABAP) continues to recognize and include Eumir Marcial as one of its boxers, the Philippine Sports Commission (PSC) has no problem providing the Tokyo Olympics-bound boxer with his needs. Officials of the sports agency clarified...
The Philippine Sports Commission (PSC) is closely monitoring the well-being of national athletes as they continue to train for future tournaments during the pandemic. National Training Director Marc Velasco said they are in close contact with national sports association officials to get updates on...
The Philippine Stock Exchange has approved the stock offerings of Monde Nissin Corporation and AC Energy Corporation which, combined, will raise up to P88.9 billion from the equities market in May. For its initial public offering (IPO), Monde Nissin Corporation will be raising up to P72.45 billion....
After almost a month of break, Gilas Pilipinas will resume its practice session inside a bubble training camp in preparation for the third window of the FIBA Asia Cup Qualifiers this June in Pampanga. The national team halted its training camp after the Philippine Sports Commission (PSC) called on...
The Securities and Exchange Commission (SEC) has canceled the corporate registration of Bill Ford VIP Trading, Inc. which has been found to have engaged in unauthorized investment activities resembling a Ponzi scheme. In an order, the SEC Enforcement and Investor Protection Department (EIPD)...
Changes in spending habits amid the community lockdowns last year have boosted the premium income of life insurance companies, the government regulator said on Tuesday (April 20). In a statement, Insurance Commissioner Dennis B. Funa said that life insurance industry’s premium income rose by 5.9...
The Securities and Exchange Commission (SEC) has approved the planned P72.45 billion initial public offering of food and beverage manufacturer Monde Nissin Corporation. In its April 20 meeting, the Commission En Banc resolved to render effective the registration statement of Monde Nissin...
MB File Photo Philippine Sports Commission (PSC) chairman William “Butch” Ramirez believes that veteran weightlifter Hidilyn Diaz has the best chance to capture a medal in this year’s Tokyo Olympics. Ramirez said the experience Diaz had gained from the previous three Olympics, including the...
The Securities and Exchange Commission (SEC) has launched the Electronic Simplified Processing of Application for Registration of Company (eSPARC) for faster and easier registration of corporations. In a statement, the SEC said that, starting April 19, it will accept and process under eSPARC all...
Local stocks dropped as investors preferred to hold on to cash during the weekend. The main index lost 45.15 points or 0.69 percent to close at 6,494.81 with the Property sector leading the retreat while the Mining and Oil counter advancing the most. Volume remained low with 6.77 billion shares...
As part of the global celebration of the Quincentennial of the First Circumnavigation, 1519-1522, the National Historical Commission launches ‘Pigafetta’s Philippine Picnic’ by Felice Sta. Maria AROUND THE WORLD IN 1,082 DAYS Detail of a map of Ferdinand Magellan's Circumnavigation “The...
