Department of Transportation (DOTr) Secretary Art Tugade met with incoming Secretary Jaime Bautista on Tuesday, June 28, 2022 at the DOTr Clark Offices in Clark, Pampanga to discuss the agency's ongoing projects and accomplishments in the past six years under the administration of President Rodrigo...
Incoming Department of Transportation (DOTr) Secretary Jaime Bautista will meet with his outgoing counterpart, Secretary Art Tugade, this week. "The DOTr Transition team is exerting all efforts to ensure a smooth, full, and transparent transition - one of cooperation, one of support, and one that...
The Securities and Exchange Commission (SEC) has joined the Association of National Numbering Agencies (ANNA) as a partner, in another push to make the Philippine capital market more accessible and transparent. ANNA confirmed the membership of the SEC as a partner during its 30th anniversary...
Shareholders of listed firm Synergy Grid and Development Philippines (SGP) will benefit from higher cash dividend payout of P0.26 per share in the second quarter this year from a leaner P0.22 per share in the first quarter. The increased dividend to be paid to outstanding SGP shareholders was...
The P3-billion Unified Grand Central Station, also known as “common station” in North EDSA, Quezon City, will be completed this June after eight years of delays. The Department of Transportation (DOTr) issued the statement Thursday, June 16, with the remainder of the project now in full,...
The Securities and Exchange Commission (SEC) has shut down Decentra, an investment scam involving cryptocurrencies, in an entrapment operation that resulted in the arrest of 19 individuals. In a joint operation last June 11, the combined forces of the SEC Enforcement and Investor Protection...
The Department of Transportation (DOTr) assured the public that the P488 billion Metro Manila Subway Project (MMSP), one of the Philippines’ largest infrastructure projects, will be completed after the historic lowering of the projects's first Tunnel Boring Machine (TBM) over the weekend. The...
The Securities and Exchange Commission (SEC) announced that it has maintained the highest audit mark from the Commission on Audit (COA) for the fourth straight year. In a statement, the SEC said it has received an “unmodified opinion” from the COA, a testament to the Commission’s transparent...
The Department of Finance (DOF) said that Binance, the largest cryptocurrency exchange in the world, is not registered with the Philippines’ securities and banking regulators. Finance Secretary Carlos G. Dominguez III said on Thursday, June 9, said Binance is not registered with the Securities...
The Securities and Exchange Commission (SEC) has added new options for its online payment system, making payment for registration and transactions fees faster and more convenient for the public. In a statement, the SEC said clients can now use their GCash payment wallets to settle registration and...
Ayala-led oil and gas firm ACE Enexor Inc. has announced withdrawal from earlier plans to pursue stock rights offering (SRO) and follow-on-offering (FOO) via the local course due to "unfavorable" market condition at this time. In a disclosure to the Philippine Stock Exchange (PSE), the listed...
SEC reaps awards as champion of good governance By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) continues to reap global recognition as an advocate of good governance and transparency in the Philippine corporate sector. Cambridge International Financial Advisory (Cambridge IFA)...