The Philippines has nominated Presidential spokesman Harry Roque to vie for a post in the United Nations' International Law Commission (ILC). Presidential Spokesman Harry Roque (File photo/Malacañang) Roque, a lawyer, thanked President Duterte for his nomination to the UN commission that develops...
The Capital Markets Integrity Corporation (CMIC), the independent audit, surveillance, compliance and enforcement unit of The Philippine Stock Exchange, Inc., denied allegations that it had been remiss in its previous audits of Venture Securities Inc. In a statement released to media, Venture cited...
The Securities and Exchange Commission (SEC) has upheld the findings of the Philippine Stock Exchange’s independent audit, surveillance and compliance arm against Venture Securities, Inc. (VSI) for violation of multiple trading rules. The PSE’s Capital Markets Integrity Corporation said these...
More than the daily grind in training, Filipino weightlifter Elreen Ann Ando is focused on setting her mindset when she competes in next month’s Tokyo Olympics. Ando said that while it was a surprise she earned a spot in the Olympics via the continental rankings, she wants to give it her best...
State auditors have questioned officials of the Misamis Occidental province for failing to present necessary supporting documents for the purchase of land worth over P96.17 million. Auditors of the Commission on Audit (COA) also flagged the release of P510,000 in professional fees to a private...
The Securities and Exchange Commission (SEC) has approved the planned public offerings of P51.81 billion worth of securities by San Miguel Corporation (SMC) and Cirtek Holdings Philippines Corporation. In its meeting on June 15, the Commission En Banc resolved to render effective the registration...
Senator Risa Hontiveros on Tuesday, June 15 urged the Energy Regulatory Commission (ERC) to investigate Manila Electric Co.'s (Meralco) recent announcement of a power rate hike for June saying it “defies logic” even under the regime of deregulation. Hontiveros said the ERC must provide a...
The Securities and Exchange Commission (SEC) has also revoked the license of R&L Investments, Inc., as well as disqualified its key officers and the owner of the account used to siphon off P700 million worth of client shares from the stock brokerage. In addition, the SEC special hearing panel...
A students’ group pressed anew for the distribution of P10,000 financial aid for students struggling to study amid the coronavirus disease (COVID-19) pandemic. (Unsplash) In a statement, the National Union of Students of the Philippines (NUSP) said the aid will help students cover a portion of...
Lawmakers on Monday, June 14 grilled Department of Education officials for their alleged refusal to comply with the law that withdrew from the department the responsibility of procuring and developing books. DepEd has continued to take charge of book procurement even as the agency absorbed public...
The Securities and Exchange Commission (SEC) has revoked the license of Ventures Securities, Inc. (VSI) and slapped P32 million in penalties against the brokerage and its officers for the fraudulent transfer of P700 million worth of client shares from R&L Investments, Inc. An SEC special...
The Council of Members of Asian Reinsurance Corp. (Asian Re) has reelected Insurance Commissioner Dennis B. Funa as chairperson for a fresh new two-year term. Screen Shot 2021-06-14 at 3.35.00 PM Funa, who previously served as vice-chairperson, was first elected as chairperson of Asian Re’s...
