The Securities and Exchange Commission (SEC) intensifies its crackdown against erring lending and financing companies by revoking the corporate registrations and secondary licenses of 56 companies, mostly lending firms, for failure to comply with reportorial requirements. In an order dated May 29,...
The Securities and Exchange Commission (SEC) has received the Silver Accreditation from London-based standard-setting organization Investors in People (IiP) for fostering an improved workplace environment that promotes best practices in employee engagement, communication and organizational culture....
Energy Secretary Raphael Lotilla’s exit may be drawing cheers from the camp he’s headed to, but back in the energy sector, the real prayer is this: bring in a new Secretary who comprehensively knows the policy playbook—and one who isn’t afraid to run it fairly and objectively across every...
The Securities and Exchange Commission (SEC) is warning the publc against transacting with advance fee loan scams, and against sharing and lending their registered bank, e-wallet, and other financial accounts, as they could be used as "money mules" by criminal syndicates. The Commission advises the...
The Securities and Exchange Commission (SEC) is seeking to entice real estate companies with rental pool arrangements to tap the capital market for their growth and financing needs with the launched of streamlined rules for the registration their securities. Rental pool agreements refer to...
ILOILO CITY – The Commission on Human Rights (CHR) said that marginalized sectors in Western Visayas region are still prone to human rights abuses. CHR-6 Regional Director Atty. Jonnie Dabuco said that Indigenous Peoples (IPs), Persons with Disabilities (PWDs), the elderly, and the urban poor...
The Commission on Elections (Comelec) en banc has affirmed the ruling of its First Division to dismiss the petition for disqualification filed against Senator-elect Erwin Tulfo, his brother Ben Tulfo, as well as three of their relatives. The Commission en banc denied the Motion for Reconsideration...
Following the Cabinet reshuffle, 168 heads of government-owned and controlled corporations (GOCCs) have also been ordered by the President Ferdinand Marcos Jr. to file their courtesy resignations. According to a follow-up notice by the Governance Commission for GOCCs (GCG) issued on Wednesday, May...
The Securities and Exchange Commission (SEC) has approved the planned ₱20 billion offering of re-issued preferred shares by Zobel-led Ayala Corporation. In its meeting on May 27, the Commission En Banc resolved to render effective the registration statement of Ayala covering the re-issuance of...
Digido Finance Corporation has filed a motion for reconsideration after the Securities and Exchange Commission cancelled its financing license and denies having opened or operated four branches without obtaining the necessary certificate of authority. This comes after the SEC cancelled the...
The Securities and Exchange Commission (SEC) has bagged two Global Good Governance (3G) awards from London-based Cambridge International Finance Advisory (IFA) for the fifth consecutive year, further stamping its mark as a leader in good corporate governance and sustainability. Cambridge IFA...
Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), aims to expand its liquefied natural gas (LNG) sourcing as its 2,500-megawatt (MW) gas facilities near full operation. In an ambush interview with MGen President and Chief Executive Officer (CEO) Emmanuel...
