The local stock market sank further as investors brace for higher US treasury yields. The main index dipped by 49.11 points or 0.78 percent closing at 6,219.16 with all sectoral indices in red except for the Property sector. Total volume of shares traded amounted to 575 million valued at P4.2...
The Securities and Exchange Commission (SEC) has approved the shelf registration of bonds and preferred shares by Vista Land & Lifescapes Inc. and San Miguel Corporation (SMC), respectively, with a total value of P100 billion. In its Oct. 17 meeting, the Commission En Banc resolved to render...
The local stock market declined as oil prices rendered unstable by the Israel-Hamas conflict continues to worry investors. The PSEi slid by 12.63 points or 0.20 percent closing at 6,268.27 with only the Industrial and Financial sector indices seeing gains. Total volume of shares traded amounted to...
Stocks shot up after plunging the previous day as investors approve of the sustained growth of Overseas Filipinos' remittances. The main index rose to 82.07 points or 1.32 percent closing at 6,280.90 as all sectoral indices except for the Mining and Oil sector seeing...
The local stock market plunged at the start of the week as the intensifying unrest in the Middle East worries investors. The main index was down by 67.51 points or 1.08 percent closing at 6,198.83, with all sectoral indices except for Mining and Oil seeing losses, notably the Holding Firms and...
The Securities and Exchange Commission (SEC) is warning the public against dealing with a firm posing as the country’s oldest conglomerate Ayala Corporation and two other firms due to their unauthorized solicitation of investments without the necessary license from the SEC. In an advisory, the...
The local stock market is expected to draw uneven results and mixed investor sentiments throughout the week, depending on the results of global and local economic data and developments on the Israel-Hamas war. Philstocks Financial Research Manager Japhet Tantiangco said that “while there are...
The Department of Migrant Workers (DMW) has partnered with the Securities and Exchange Commission (SEC), for the financial literacy and investor protection for overseas Filipino workers (OFWs) and their families. DMW officer-in-charge Undersecretary Hans Leo J. Cacdac said the move is aimed...
The Securities and Exchange Commission (SEC) and the Anti-Money Laundering Council (AMLC) have filed a money laundering complaint against Silverlion Livestock Trading Corporation which was found to be illegally soliciting investments from the public. Through Deputized AMLC Financial Investigators,...
The Securities and Exchange Commission (SEC) is considering extending the deadline of its amnesty program further as representatives of business groups sued for more time before sitting down to discuss their complaint of the higher fees and charges to be implemented. In a press briefing Thursday,...
The Securities and Exchange Commission (SEC) will meet with business groups on Thursday, Oct. 12, to discuss complaints on the proposed revised schedule of certain fees and charges which is deemed too high. In a statement, the SEC welcomed the points and notes the concerns raised by business groups...
The Securities and Exchange Commission (SEC) has advised the public against dealing with Hoperices Investment and 99 Dragons PH due to their unauthorized solicitation of investments without the necessary license from the Commission. In an advisory, the SEC said Hoperices claims that it is an...
