President Duterte has approved the appointment of former Philippine Coast Guard (PCG) Commandant, Admiral George Ursabia as Undersecretary for maritime affairs of the Department of Transportation (DOTr). DOTr Secretary Arthur Tugade made the announcement during the inauguration on Monday, Nov. 8,...
The Securities and Exchange Commission (SEC) is calling on Filipinos to secure their future through smart and sustainable investments, as it leads the celebration of the 2021 Investor Protection Week. From Nov. 8 to 12, the SEC will celebrate the Investor Protection Week with webinars and other...
The Department of Justice (DOJ) has affirmed the findings of the Securities and Exchange Commission (SEC) by recommending the filing of criminal charges against Organico Agribusiness Ventures Corporation and its officers for unauthorized solicitation of investments. In a resolution on September 3,...
The Securities and Exchange Commission (SEC) has approved the planned P3.5 billion preferred shares offering by Cirtek Holdings Philippines Corporation. In its meeting on October 26, the Commission En Banc resolved to render effective the registration statement of Cirtek covering 50 million...
The Energy Regulatory Commission (ERC) is seeking guidance from the Securities and Exchange Commission (SEC) on the appropriate modality in the mandated initial public offering (IPO) of power generation companies (GenCos). “We are in consultation with SEC for us to be able to come up with a more...
266929 Department of Transportation (DOTr) Secretary Arthur Tugade led the contract signing for the Project Management Consultant Contract of the P82 Billion Mindanao Railway Project, the Tagum-Davao-Digos (MRP-TDD) Segment, Oct. 20, 2021. The 100-kilometer Tagum-Davao-Digos Segment will link Davao...
The Securities and Exchange Commission (SEC) has approved the P2-billion maiden share offering by Medilines Distributors Incorporated and the P9.55 billion follow-on offering by Sta. Lucia Land, Inc. In its meeting on October 12, the Commission En Banc resolved to render effective the registration...
Leading oil firm Petron Corporation has accomplished on Tuesday, Oct. 12, its listing with the Philippine Dealing and Exchange Corporation (PDEx) for the P18-billion first tranche of its fixed rate peso-denominated retail bonds. That bond issue will be the initial fund-raising activity of the oil...
Leading oil firm Petron Corporation is scheduling the redemption of its Series 2B preferred shares by November 3 this year at a redemption price of P1,000.00 per share. In a disclosure to the Philippine Stock Exchange (PSE), the company noted that it already “commenced delivery of its notice of...
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
The Securities and Exchange Commission (SEC) is calling on the public to secure their financial future by becoming smart investors and not become victims of scams. The commission issued this call as it joins the celebration of World Investor Week, a global campaign by the International Organization...
The Securities and Exchange Commission (SEC) has joined forces with the cybersecurity arm of the Department of Information and Communications Technology (DICT) to intensify efforts in preventing and suppressing cybercrime in the country. The SEC said it has entered into a Memorandum of Agreement...
