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...
The Securities and Exchange Commission (SEC) has issued the draft guidelines for the registration and operation of online lending platforms (OLPs) as part of its efforts to stop abusive and predatory practices. The Commission released for public comment the draft guidelines on November 19,...
The Securities and Exchange Commission (SEC) has approved three public share offerings -- Figaro Coffee Group, Inc., Citicore Energy REIT Corp. (CREIT) and, Arthaland Corporation -- worth almost P15 billion. Figaro initial public offering will consist of up to 1.26 billion common shares priced at...
President Duterte has promoted four captains of the Philippine Coast Guard (PCG) based on the recommendation of Department of Transportation (DOTr) Secretary Arthur Tugade. From the rank of captain, Ramon S. Lopez, Joeven L. Fabul, Edgar L. Ybañez and Mitzie S. Silva-Campo were promoted to the...
