After several extensions of its amnesty program, the Securities and Exchange Commission (SEC) is finally imposing higher fines and penalties for the late and non-filing of reportorial requirements by corporations starting Monday, April 1. The Commission issued SEC Memorandum Circular No. 6, Series...
The Department of Finance (DOF) and the Securities and Exchange Commission (SEC) are discussing a plan to come out with clear guidelines governing the registration and trading of cryptocurrencies in the Philippines. In an interview after the induction of the officers of the Economic Journalists...
Hell hath no fury like a woman scorned, and so said a proverb from the 17 th century. And it could hold true to this day in this country, for two women, who have alleged to have suffered different forms of abuse in the hands of their high-ranking military-husbands, and are now on a...
Newly-appointed Securities and Exchange Commissioner Hubert Dominic B. Guevara passed away today, March 29, 2024, at the age of 56 after being in the hospital for six days. He was reported to have suffered a cardiac arrest while playing football and was immediately brought to the hospital. “With...
Security and Exchange Commission (SEC) Commissioner Hubert Guevara has passed this Good Friday, the Office of the President (OP) said. Security and Exchange Commission (SEC) Commissioner Hubert Guevara (file) In a Facebook post, the OP said Guevara died early March 29. "The Office of the President...
The Securities and Exchange Commission (SEC) has opened a new office in Butuan to make doing business easier for entrepreneurs in the region and support the continued economic growth of Mindanao. The SEC officially inaugurated last March 25 the SEC Butuan Extension Office located at the JC Aquino...
The Civil Service Commission (CSC) has extended the deadline for submission of nominations to the 2024 Search for Outstanding Government Workers until April 5. “In view of the work suspension by 12 noon on March 27 and in observance of the Holy Week until Easter Sunday, March 31, nominations to...
As surging costs of ancillary services or power reserves had been pointed to as culprit in electricity rate hikes, the Energy Regulatory Commission (ERC) has directed ‘settlement and billing suspension’ for the reserve market for the March billing period. The stoppage of reserve market...
Priority procurement of capacity generated from indigenous Malampaya gas had been directed by the Energy Regulatory Commission (ERC) in the power purchase agreement (PPA) underwritten by Manila Electric Company (Meralco) with First Gen Corporation of the Lopez group. Owing to that ruling, the...
“The strands of the hair may grow or fall, so as the leaves of a tree. The skies may also come dark or bright, but creations like women—in triumphs and in trials—would never lose their light.” Unsplash From the “double burden” of women in both professional and domestic...
Qualified big-ticket contestable customers in Mindanao can finally exercise ‘power of choice’ on contracting their electricity services as the Energy Regulatory Commission (ERC) has already opened that segment of the industry for retail competition. Similar to the threshold for Luzon and...
The Manila Electric Co. (Meralco) is seeking potential suppliers for 260 megawatts (MW) of power supply to address the growing demand throughout the summer season. In a statement, Meralco assured its customers that it is working with the Department of Energy (DOE) to provide sufficient supply to...
