The Securities and Exchange Commission (SEC) came out as the country’s public-sector “Paper-less Champion” for saving nearly 217 million pages of paper through its online platforms that digitalized company registration and reports submission. Development Academy of the Philippines (DAP)...
While some optimism injected life into the local stock market last week, stocks remain undervalued, with no major economic news expected this week to serve as a catalyst to sustain the recovery. “The local market has shown signs of life last week, bouncing strongly on the back of positive...
The Philippine Stock Exchange index (PSEi) rose further on Friday, Nov. 21, after investors reacted positively to the government’s announcement of a balance of payments (BOP) surplus. The benchmark index rose by 66.32 points, or 1.12 percent, to close at 5,997.13. Conglomerates led Friday’s...
The Securities and Exchange Commission (SEC) of the Philippines has officially assumed the chairmanship of the Association of Southeast Asian Nations (ASEAN) Capital Markets Forum (ACMF), following the handover ceremony earlier this month in Kuala Lumpur, Malaysia. Taking the helm from the...
The Philippine Stock Exchange index (PSEi) continued to rally on Thursday, Nov. 20, as foreign investors joined the bargain buying following expectations of a rate cut and the exemption of Philippine agricultural exports from higher United States (US) tariffs. The main index soared by 117.1 points,...
The Securities and Exchange Commission (SEC) is pushing for reforms to strengthen the Philippine corporate bond market and broaden capital market access for small and medium enterprises (SMEs), with strategic engagement from the World Bank Group (WBG) and its private-sector lending arm,...
The Securities and Exchange Commission (SEC) has issued for public comment its draft amendments to the rules governing real estate investment trusts (REITs), expanding the list of allowable assets and relaxing limitations on public ownership and the reinvestment period. The Commission released the...
The Philippine Stock Exchange index (PSEi) rose on Wednesday, Nov. 19, after a lot of Philippine agricultural products were exempted from United States (US) tariffs while the Bangko Sentral ng Pilipinas (BSP) raised hope for one more rate cut, triggering more bargain buying. The main index jumped...
The Philippine Stock Exchange index (PSEi) declined on Tuesday, Nov. 18, as cautious investors immediately took profit from Monday’s price spike after the former chief economic manager of the Marcos Jr. administration projected that this year’s economic growth pace will fall well below the...
The Philippine Stock Exchange index (PSEi) rallied by almost 200 points on Monday, Nov. 17, as the two-day protest action against corruption turned out to be peaceful, contrary to what some fearmongers had predicted. The main index surged 194.77 points, or 3.49 percent, to close at 5,779.12. Banks...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has successfully raised ₱17 billion from the issuance of retail bonds, which were listed at Philippine Dealing & Exchange Corp. (PDEx) on Monday, Nov. 17. In a disclosure to the Philippine Stock...
The Securities and Exchange Commission (SEC) is moving to establish a witness protection program for individuals who report illegal activities like investment scams, predatory lending, money laundering, terrorist financing, market abuse, and disclosure violations. On Nov. 12, the SEC issued for...
