The Securities and Exchange Commission (SEC) is tightening its grip on boardroom oversight, moving to permanently bar independent directors from serving more than nine years in a single company. In line with international best practices, the Commission issued on Jan. 26, 2026, SEC Memorandum...
Stocks retreated on Monday, Jan. 26, as investors pared positions ahead of fourth-quarter economic growth data, with the benchmark index slipping below a key psychological support level. The Philippine Stock Exchange index (PSEi) fell 59.39 points, or 0.94 percent, to finish at 6,273.87. The...
RL Commercial REIT Inc. will join the Philippine Stock Exchange index (PSEi), the nation’s 30-company benchmark, replacing Alliance Global Group Inc. as part of a semi-annual reshuffle of the local equity market’s gauges. The Philippine Stock Exchange announced the changes following review of...
Equity investors are looking to upcoming gross domestic product (GDP) data to catalyze recovery after sharp correction last week pushed valuations to levels market analysts describe as bargain territory. The benchmark Philippine Stock Exchange index (PSEi) retreated below the 6,400 psychological...
Local equities market declined as investors adopted defensive posture ahead of next week’s economic growth data, erasing previous gains in session characterized by thinner trading and political uncertainty. The Philippine Stock Exchange index (PSEi)) fell 65.34 points, or 1.02 percent, to...
The Securities and Exchange Commission (SEC) is easing capital-raising rules for smaller businesses, removing a costly auditing hurdle in a bid to accelerate corporate expansion and reduce bureaucratic friction. The regulator issued Memorandum Circular No. 6 on Jan. 22, which expands the use of...
The Philippine Stock Exchange index (PSEi) rebounded on Thursday, Jan. 22, as investors engaged in bargain hunting, tracking the Wall Street recovery fueled by de-escalating geopolitical tensions over United States (US) interests in Greenland. The benchmark PSEi gained 68.50 points, or 1.08...
The Securities and Exchange Commission (SEC) is preparing to release a series of regulatory overhauls aimed at loosening listing requirements for large-scale initial public offerings (IPOs) while tightening governance standards for corporate boards. On the sidelines of a Financial Executives...
The Securities and Exchange Commission (SEC) will launch on Jan. 30, 2026, its Hierarchical and Applicable Relations and Beneficial Ownership Registry (HARBOR) for the dedicated online submission of beneficial ownership (BO) reports by registered companies. The launch of HARBOR, a web-based...
Local equities fell for a fourth consecutive day, tracking a global retreat in risk assets after United States (US) President Donald Trump escalated trade tensions with fresh round of tariff threats against European allies to pressure the sale of Greenland. The Philippine Stock Exchange index...
The Securities and Exchange Commission (SEC) is exempting micro-enterprises from the requirement to submit audited financial statements, a move intended to lower the cost of doing business for the country’s smallest corporations. Under Memorandum Circular No. 4, Series of 2026, the regulator...
The Philippine Stock Exchange index (PSEi) started the week lower as investors took profits from recent gains, as expected. The main index dropped 26.89 points, or 0.42 percent, to close at 6,437.78 on Monday, Jan. 19. Banks led the retreat, although the services sector advanced, while the...
