The Commission on Audit (COA) has questioned the grant of P452,000 in productivity incentive benefit and communication allowances by the Lemery town in Iloilo to its officials and employees "despite the absence of legal basis." In its 2023 annual audit report, the COA said the expenditure by the...
The Securities and Exchange Commission (SEC) has received the Level 3 Philippine Quality Award (PQA) from the Office of the President for mastery in quality management and performance excellence. In a statement, the SEC said the PQA is the highest national recognition for exemplary organizational...
The Securities and Exchange Commission is still pursuing the development of the crowdfunding sector despite recent setbacks experienced by the first companies that entered the local market. Crowdfunding is a fundraising activity typically conducted by startups and small and medium enterprises...
The Commission on Human Rights (CHR) on Sunday, July 21, lauded the assurance made by the Philippine National Police (PNP) to uphold the law on peaceful rallies during the 3rd State of the Nation Address (SONA) of President MArcos on Monday, July 22. “SONA has also become a vital platform for...
The Commission on Human Rights (CHR) has condemned the attack last July 15 against a journalist in Barangay San Gregorio in San Pablo City, Laguna as it started its own investigation. Citing reports, the CHR said that two unidentified motorcycle-riding gunmen reportedly targeted journalist Marc...
The uptrend in the tariff of Manila Electric Company (Meralco) in its July billing will strain its customers’ household budgets, but a survey of selected power utilities in various parts of the country would show that its rate hike is still leaner versus peer-distribution firms. Meralco announced...
The US government is amenable to firming up an agreement on taking back ‘spent fuel’ that had already been irradiated once fissioned or burnt in reactor for nuclear technologies that American suppliers will be deploying to the Philippines. In a roundtable discussion with the Philippine media,...
The National Telecommunications Commission (NTC) hosted a meeting with telecommunications companies, Subscriber Identity Module (SIM) distributors, and dealers, as part of its ongoing efforts to enforce the provisions of Republic Act (RA) 11934, otherwise known as the SIM Registration Act. Photo...
Yesterday, I had the privilege of participating in Sustainability Week at the Securities and Exchange Commission (SEC) main office in Makati City, where I shared my experiences in environmental conservation. Initially, I was surprised by the invitation, as financial institutions had not previously...
The Commission on Human Rights (CHR) is on the last day today, July 18, of its caravan in the Bicol Region to appraise residents of their human rights and how to defend them in case of violations. The caravan, called "Lakbay Karapatan Tungo sa Kamalayan or 'LaKarAn' is also aimed at informing the...
The Bureau of Internal Revenue (BIR) partnered with the Securities and Exchange Commission (SEC) to create an interagency data-sharing system to expedite the verification of registered businesses in the country. BIR Commissioner Romeo D. Lumagui Jr. and SEC Chairperson Emilio B. Aquino signed a...
The Securities and Exchange Commission (SEC) has launched the third wave of its digital initiatives consisting of five new services that will make company registration more efficient and promote data sharing for enhanced tax administration. The Commission on July 17,...