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...
The capitalization of the Real Estate Investment Trusts (REITs) in the Philippines zoomed in less than two-years, placing the country in the middle of the pack among major economies in the South and East Asian regions. In a report to Finance Secretary Carlos G. Dominguez III, the Securities and...
DOTR123 The Department of Transportation (DOTr) directed bus companies, public utility vehicles (PUVs) operators and transport terminals in the National Capital Region (NCR) to impose tighter health protocols as the region comes under Alert Level 3 starting today, Jan. 3, 2022 until Jan. 15, 2022...
DOTR123 The Department of Transportation (DOTr) is maintaining 70 percent passenger capacity in all rail lines while enforcing health protocols onboard trains, stations and depots as Alert Level 3 takes effect in the National Capital Region (NCR) today, Monday, Jan. 3, after a new pandemic surge....
DOTR123 For the first time in its history, the Department of Transportation (DOTr) took an unprecedented number of projects to bring on the Golden Age of Infrastructure in the Philippines, spending P9 trillion from 2017 to 2022 under President Rodrigo Duterte's flagship "Build Build Build" program....
DOTR123 The 2,000 container trucks plying the Southbound area of Roxas Boulevard daily should transport their cargoes via barges linking the Manila International Container Terminal (MICT) and the Cavite Gateway Terminal (CGT) inTanza when the road is closed off in succeeding months. This is the...
The government and the private sector continued to take advantage of digital technologies to make it easier and more convenient for small investors and businesses to participate in the capital markets. During a recent Capital Market Development Council (CMDC) meeting, the Bureau of the Treasury,...
The Securities and Exchange Commission (SEC) has won another legal battle against on illegal lending with a regional trial court having convicted the incorporators and directors of X-CEE789 Lending and Trading, Inc. for submitting falsified documents for its registration. In a decision dated June...
The Securities and Exchange Commission (SEC) has accelerated the implementation of its digitalization reforms to further improve the ease of doing business in the country and spur the growth of domestic enterprises. In a report to Finance Secretary Carlos G. Dominguez III, SEC Chairman Emilio...
President Duterte praised the work of Commandant Vice Admiral Leopoldo Laroya of the Philippine Coast Guard (PCG) at the donning and oath-taking ceremony held at the PCG Auxiliary (PCGA) last Tuesday, Nov. 22 in General Santos City. “Congratulations, sir, sa promotion mo. Ang ganda ng Coast Guard...
