There will be extended financial relief for consumers at the pumps next week, as oil prices are anticipated to have moderate rollback, based on the computation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.60 to P1.00 per liter; while...
The Securities and Exchange Commission (SEC) joined forces with the Department of Migrant Workers (DMW) for a financial literacy and investor education campaign to help overseas Filipino workers (OFWs) spot investment scams and manage their finances better. The Commission has signed a memorandum of...
The Securities and Exchange Commission (SEC) and the Department of the Interior and Local Government (DILG) have joined forces to empower local government units (LGUs) in tackling investment scams and promoting financial literacy across the country. The SEC and the DILG signed a memorandum of...
Filinvest Land Inc., a member of the Gotianun Group, reported that the Securities and Exchange Commission (SEC) has approved the shelf registration of its P35-billion Peso-Denominated Fixed-Rate Bonds. In a disclosure to the Philippine Stock Exchange (PSE), FLI said the SEC has also approved its...
The Philippine Stock Exchange (PSE) reported a 19.9 percent growth in net income to P575.65 million in the first nine months of 2023 from the P480.07 million it generated in the same period last year, on account of higher investment income. In an investors’ briefing, PSE Executive Vic President...
Finance Secretary Benjamin E. Diokno commended the Securities and Exchange Commission (SEC) for its efforts in ensuring the security of the people’s money and investments. In his keynote speech for SEC’s 87th anniversary, Diokno said that the Commission has enforced investigations against...
The Philippine Stock Exchange (PSE) announced that it will be hosting its first third quarter Investor Day with nine publicly-listed companies (PLCs) planning to share their respective performances for the period. In a statement, the bourse said the latest batch of listed firms will join the last...
Market participants are on edge as US inflation data and local policy rate announcements for this week are expected to determine the trajectory of the local stock market. According to China Bank Capital Corp. Managing Director Juan Paolo Colet, “after last week’s strong rebound fueled by...
The Energy Regulatory Commission (ERC) is working with the Securities and Exchange Commission (SEC) on the development of a regulatory framework that will hasten the initial public offering (IPO) of the country’s power generation companies and distribution utilities. The two government agencies...
The Securities and Exchange Commission (SEC) renewed its call to various stakeholders for greater cooperation accelerating efforts in mainstreaming sustainable finance, strengthen sustainability reporting, and enable capital markets to meaningfully contribute to a just and equitable transition. The...
The Securities and Exchange Commission (SEC) has announced the “final” extension of its amnesty program for non-compliant and suspended or revoked corporations. In a statement, the SEC said it is giving these delinquents “a last chance to avail of lower fines and penalties with the final...
The Securities and Exchange Commission (SEC) announced that it is strictly enforcing its rules, reminding delinquent and inactive firms to submit the required documents for their businesses to avoid revocation of their licenses and termination from the commission. SEC Chairperson Emilio B....