Five senior officials of the Philippine Coast Guard are included in the list of the possible replacement of Coast Guard commandant, Admiral Leopoldo V. Laroya, whose mandatory retirement age is on Thursday, Feb. 10. President Duterte is expected to name Laroya's replacement from Vice Admiral...
The Securities and Exchange Commission (SEC) has set the deadlines for the online submission of the audited financial statements (AFS) and general information sheet (GIS) of corporations. Starting this year, all stock and nonstock corporations are required to submit their annual reports online...
The Securities and Exchange Commission (SEC) has issued cease and desist orders against five illegal online lending operators for conducting lending activities without prior authorization from the Commission. In an order issued February 3, the Commission En Banc directed Tacoloan, VCash, 365 Cash,...
The Securities and Exchange Commission (SEC) is drafting rules that will limit interest rates and other fees imposed by lending and financing companies, and their online lending platforms (OLPs). The draft memorandum circular released for public comment will operationalize Bangko Sentral ng...
Citicore Energy REIT Corporation (CREIT) has firmed up its initial public offering (IPO) price at P2.55 per share after it received its permit to sell (PTS) from the Securities and Exchange Commission (SEC) on Wednesday, Feb. 2, for its float of 2,181,819,000 common shares, with an over-allotment...
The Philippine Coast Guard (PCG) has deployed a number of its personnel at the Ninoy Aquino International Airport (NAIA) in Pasay City to assist thousands of thousands of Overseas Filipino Workers (OFWs) who continue to return to their home provinces. The deployment was part of the government...
The Securities and Exchange Commission (SEC) has approved the planned P3.15 billion stock rights offering of Philex Mining Corporation to fund the development of its Silangan mine. The Commission En Banc resolved to render effective the registration statement filed by Philex Mining for a stock...
61600 By middle of next month, only vaccinated individuals can ride public transport in the metropolis. There will be no more exemptions. Unvaccinated and partially vaccinated workers in industries and establishments allowed to operate in the National Capital Region (NCR) under the existing...
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...
