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,...
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...
