The Securities and Exchange Commission (SEC) has tapped institutional partners to expand the reach of its financial literacy campaign that aims to encourage Filipinos to place their money in safe and secure investments. In its report to Finance Secretary Carlos G. Dominguez III, the SEC said its...
Citicore Energy REIT Corporation (CREIT), a subsidiary of Citicore Power Inc., is expected to corner ‘strong interest’ on its real estate investment trust (REIT) listing, wich will be the first for such asset class in the renewable energy (RE) industry to be undertaken. According to Ben Thomas...
The Securities and Exchange Commission (SEC) has ordered Goodpocket and Easymoney Lending Corporation to stop operating as lending firms because they do not have the necessary licenses from the Commission. In an order issued January 18, the Commission En Banc directed Goodpocket and Easymoney to...
Citicore REIT Corporation (CREIT), a subsidiary of Megawide-affiliated Citicore Power Inc., has secured the approvals of the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE), for its real estate investment trust (REIT) listing which will be a trailblazing offer for...
The Securities and Exchange Commission (SEC) has approved five corporations that will acquire the bad loans and non-performing assets (NPAs) of financial institutions affected by the pandemic-induced crisis, the Department of Finance (DOF) said. In a statement, the DOF said that five Financial...
33350 The Philippine National Railway (PNR) Bicol, otherwise known as the South Long Haul Project, will employ over 5,000 people per year directly, during its construction. “For our compatriots in the South who have dreamt of this project for so long, we are finally seeing the light of day,"...
DOTR123 Close to 2,000 commuters attempted to take Metro Manila’s rail lines without showing proof of their vaccination on the first day of implementation of the “no vax, no ride” in Metro Manila on Monday, Jan, 17, although it was generally peaceful, the Department of Transportation (DOTr)...
Two drivers were apprehended in Muntinlupa as authorities started implementing the Department of Transportation’s (DOTr) “no vaccination, no ride” policy on Monday, Jan. 17. Transportation Sec. Arthur Tugade issued Department Order 2022-001 on Jan. 11 limiting the access to public...
In the midst of the new COVID-19 surge, Department of Transportation (DOTr) Secretary Arthur Tugade ordered the enforcement of a “no vaccination, no ride/no entry” policy initially in the National Capital Region (NCR). The “no vaccination, no ride” policy will be in effect while a COVID-19...
Listed firm Aboitiz Power Corp. (AP) is seeking regulatory approval from the Securities and Exchange Commission (SEC) for its third tranche bond issuance worth P10 billion. The targeted bond issue is part of the P30 billion fixed rate retail bonds that had been set for shelf registration with the...
The Securities and Exchange Commission (SEC) has granted the country’s first permanent license to operate as a crowdfunding platform to Investree Philippines Inc. 57909 The Commission En Banc approved Investree Philippines’ application for a permanent license to operate as a funding portal and...
As the coronavirus disease (COVID-19) cases continue to rise in the country, the Philippine Coast Guard (PCG) has deployed some of its personnel in Metro Manila to assist in the swab testing of people suspected to be carrying the deadly virus. A member of the Philippine Coast Guard (PCG) Task Group...
