The husband of Vice President Sara Duterte, lawyer Manases R. Carpio, has added the heads of the Securities and Exchange Commission (SEC) and the Insurance Commission (IC) as respondents in a criminal complaint over the alleged illegal disclosure of bank records. In an addendum filed before the...
The Securities and Exchange Commission (SEC) has suspended the imposition of monthly penalties in the late or non-filing of reportorial requirements until December 31, 2026 in order to reduce transaction costs and promote the ease of doing business. In its meeting last May 5, the Commission En Banc...
The Commission on Higher Education (CHEd) clarified on Tuesday, May 12, that its proposal to overhaul the college General Education (GE) curriculum is still a work in progress, following a wave of concern from students and faculty. Speaking at a televised briefing on Tuesday, CHEd Technical Panel...
Manila Electric Co. (Meralco) has asked regulators for permission to cap an expected spike in electricity rates this month to shield households from surging generation costs and a weakening currency. In a proposal submitted to the Energy Regulatory Commission (ERC), the country’s largest power...
Educators, academic organizations, and faculty unions marched to the Commission on Higher Education (CHED) main office in Quezon City on Tuesday, May 12, to oppose the proposed Reframed General Education (GE) Curriculum. One of the major concerns raised by the groups was the proposal to reduce GE...
The Philippine Sports Commission (PSC) is strengthening its alliance with the Philippine Life Saving Society (PLS) to combat what experts have described as a “silent epidemic” of drowning in the country. Following alarming statistics and tragic incidents in La Union, PSC Chairman Patrick...
The Securities and Exchange Commission (SEC) has published a user-friendly digital compilation of its latest rules and regulatory updates to simplify public access to the country’s securities regulations. The commission called the published material the Annotated Consolidated Reference of the...
The Securities and Exchange Commission (SEC) has issued four advisories warning the public against Xelora for illegally soliciting investments, as well as against individuals posing as representatives of Aurora Securities Inc., Value Quest Finance Corp., and Glimms Credit Inc. to conduct...
Japan International Cooperation Agency (JICA) and the Philippine government have launched a technical cooperation project aimed at strengthening sustainable finance and climate-related transparency frameworks in the country. In a statement on Saturday, May 9, JICA Philippines said that it signed...
ILOILO CITY – Ride-hailing companies Maxim and Grab Philippines acted on the appeal of Iloilo City Rep. Julienne “Jam-Jam” Baronda to slash commission rates to ease the impact of the fuel crisis on drivers. “Maxim assured us that it is dedicated to helping our community thrive despite the...
ABS-CBN Corp. asked to be excluded from an escalating legal battle within its controlling family, following allegations by board director Federico “Piki” R. Lopez that the media company’s top executives dissipated corporate funds. ABS-CBN issued a statement on Friday, May 8, urging the public...
The Energy Regulatory Commission (ERC) has ordered a nationwide temporary suspension of power disconnections to preserve electricity access during a declared State of National Energy Emergency and shielding consumers from immediate service cuts. In a newly issued advisory, the country’s energy...
