Philippine shares rose on the back of record performances of US bourses. PSE file photo The main index jumped 94.96 points or 1.46 percent to close at 6,590.11 as share prices rose across the board, led by the Holding Firms and Industrial counters. Volume remained tepid though at 2.41 billion...
The Securities and Exchange Commission (SEC) is giving corporations more time to submit their General Information Sheets (GIS) to cope with the new rounds of enhanced community quarantine (ECQ) and the transition to an online submission system. The SEC extended the deadline in a notice issued...
The local stock market rose as bargain hunters picked up shares late in the session on the back of gains in the US. PSE file photo The main index rose 52.06 points or 0.81 percent to 6,495.15 with only the Property sector retreating. Volume dropped to 1.85 billion shares worth P5.36 billion as...
All financing and lending companies are now required by the Securities and Exchange Commission (SEC) to register with the Anti-Money Laundering Council (AMLC). These firms are also directed to report suspicious transactions and comply with other rules and standards aimed at combating money...
The Securities and Exchange Commission (SEC) announced the revocation of the corporate registration of Pigdeals International Holdings Inc. for unauthorized investment taking activities resembling a Ponzi scheme. The SEC Enforcement and Investor Protection Department (EIPD) issued the order...
The local stock market fell as investors cashed out ahead of the uncertainties that shroud the long weekend. Photo credit: PSE file. The main index dropped 102.46 points or 1.57 percent to close at 6,443.09 as share prices fell across the board. Volume improved but remained low at 2.4 billion...
The government has issued the Implementing Rules and Regulations (IRR) of Republic Act No. 11523, or the Financial Institutions Strategic Transfer (FIST) Act which will regulate the sale of non-performing assets of banks. The IRR was issued by the Securities and Exchange Commission (SEC),...
The local stock market weakened as investors booked profits ahead of the weekend and rising new COVID-19 cases. The main index shed 36.37 points or 0.55 percent to close at 6,544.63 with sectoral indices evenly mixed. Volume remained low at 4.91 billion shares worth P6.28 billion as gainers...
The local stock market gained further as gains overseas prompted some investors to pick up bargains. The main index rose 51.18 points or 0.80 percent to close at 6,446.35 although the Industrial and Mining and Oil counters retreated. Volume dropped to 2.3 billion shares worth P5.04 billion as...
The local stock market plunged almost 200 points after government tightened lockdown measures while US bourses also weakened. The PSEI fell 194.75 points or 2.94 percent to close at 6,436.10 as share fell across the board. Volume rose to 3.53 billion shares worth P10.41 billion as losers beat...
The Securities and Exchange Commission (SEC) announced that it has launched its online submission tool (OST) for annual financial statements (AFS), General Information Sheet (GIS) and other annual reports. Starting March 15, corporations and their authorized filers may already enroll in the SEC-OST...
The local stock market suffered a steeper fall as reality sets in on how bad the COVID-19 situation is being handled, raising fears of a reverting to more restrictions in the year-long lockdown. Photo credit: https://www.pse.com.ph The PSEi plunged 176.09 points or 2.62 percent to close at 6,552.46...
