Senator Rodante Marcoleta has raised a “constitutional alarm,” warning that the continued designation of several Cabinet officials in an acting capacity undermines constitutional checks and balances and weakens accountability in government. In a privilege speech delivered on Wednesday, January...
The Commission on Elections (Comelec) mourned the passing of James B. Jimenez, former Spokesperson of the poll body, on Wednesday, Jan. 28. Jimenez also served as Director IV of the Education and Information Department of the Commission, who served the institution and the Filipino people with...
The Securities and Exchange Commission (SEC) is tightening its grip on boardroom oversight, moving to permanently bar independent directors from serving more than nine years in a single company. In line with international best practices, the Commission issued on Jan. 26, 2026, SEC Memorandum...
Megawide Construction Corp. has been ordered to pay ₱368.92 million to settle a long-standing construction dispute involving a flagship mixed-use development in Cebu, though the award represents only a fraction of the original claim. In a disclosure to the Philippine Stock Exchange, Megawide said...
As Congress resumes regular sessions on Monday, January 26, the Senate will immediately tackle the proposed Independent People’s Commission (IPC), and other important measures that are part of the Upper Chamber’s priority list, Senate President Vicente “Tito” Sotto III said. Sotto said the...
Senator Imee Marcos warned the National Telecommunications Commission (NTC) that issuing its proposed draft circular could undermine the intent of the newly-enacted Konektadong Pinoy Act. As principal author of the law, Marcos said the draft rules run counter to the statute’s central objective...
The Securities and Exchange Commission (SEC) is easing capital-raising rules for smaller businesses, removing a costly auditing hurdle in a bid to accelerate corporate expansion and reduce bureaucratic friction. The regulator issued Memorandum Circular No. 6 on Jan. 22, which expands the use of...
The Securities and Exchange Commission (SEC) is preparing to release a series of regulatory overhauls aimed at loosening listing requirements for large-scale initial public offerings (IPOs) while tightening governance standards for corporate boards. On the sidelines of a Financial Executives...
The Securities and Exchange Commission (SEC) will launch on Jan. 30, 2026, its Hierarchical and Applicable Relations and Beneficial Ownership Registry (HARBOR) for the dedicated online submission of beneficial ownership (BO) reports by registered companies. The launch of HARBOR, a web-based...
The Securities and Exchange Commission (SEC) is exempting micro-enterprises from the requirement to submit audited financial statements, a move intended to lower the cost of doing business for the country’s smallest corporations. Under Memorandum Circular No. 4, Series of 2026, the regulator...
The Energy Regulatory Commission (ERC) has authorized the National Grid Corporation of the Philippines (NGCP) to proceed with the ₱11.4 billion interconnection project designed to stabilize power supply on Siargao Island. In a formal notice, the industry regulator greenlit the Claver-Siargao...
The Securities and Exchange Commission (SEC) has moved to accelerate corporate filings, issuing new rules that slash processing times for companies seeking to amend their governing documents. In a memorandum circular released Jan. 12, the regulator expanded the scope of its digital filing system to...