The Securities and Exchange Commission (SEC) has collected P119.07 million in fees and penalties through its web-based system that allows cashless payment of business registrations, fees, and other charges. SEC Chairman Emilio Aquino said the fees and other charges collected through the Electronic...
The Securities and Exchange Commission (SEC) has ordered eight online lending operators to stop conducting lending activities without the necessary license as it continues its crackdown against illegal lenders. In an order, the Commission En Banc directed CashWill, PesoBee, Peso T-Safe Online Cash,...
The Securities and Exchange Commission (SEC) has ordered eight online lending operators to stop conducting lending activities without the necessary license as it continues its crackdown against illegal lenders. In an order, the Commission En Banc directed PesoBee, Peso T-Safe Online Cash, RushLoan,...
The local bourse started the week on a positive note as investors picked up cheaper stocks. The main index rose 90.79 points or 1.25 percent to close at 7,361.15 as Holding Firms led the advance although the Industrial and Mining and Oil counters lagged behind. Volume was high at 1.19 billion...
The Securities and Exchange Commission (SEC) has revoked the registration of Suhail Medical Center, Inc. for unauthorized solicitation of investments from the public. In its order, the SEC Enforcement and Investor Protection Department (EIPD) said it found that the company headed by Jesser T....
This week, investors will be taking cues from corporate earnings reports, hints on local and US policy rates, and the government’s decision on whether to further relax quarantine restrictions. “The government’s decision on the alert level restrictions in the country for the 2nd half of...
Local share prices fell after the US inflation rose and raised fears of interest rate hikes. The main index plunged 162.26 points or 2.18 percent to close at 7,270.36 as Holding Firms and Banks led the retreat although the Property sector held its ground. Volume surged to 1.93 billion shares worth...
The local stock market declined after the resistance felt at the 7,500 triggered some profit-taking. The main index lost 69.86 points or 0.93 percent to close at 7,432.62 as the Holding Firms and Services sectors led the retreat although the Mining and Oil counter surged and Property stocks also...
The Securities and Exchange Commission (SEC) has set the deadlines for the online submission of the audited financial statements (AFS) and general information sheet (GIS) of corporations. Starting this year, all stock and nonstock corporations are required to submit their annual reports online...
The local stock market recovered the previous day’s losses as investors took positions ahead of changes in the PSEI and MSCI. The main index rose 77.93 points or 1.06 percent to close at 7,458.23 with Holding Firms and Services sectors leading the advance while Banks lagged behind. Volume dropped...
The Securities and Exchange Commission (SEC) has issued cease and desist orders against five illegal online lending operators for conducting lending activities without prior authorization from the Commission. In an order issued February 3, the Commission En Banc directed Tacoloan, VCash, 365 Cash,...
The PSEi started the week lower as investors reposition their investments ahead of the index recomposition while others took profit on concern over inflation. The main index dropped 76.05 points or 1.02 percent to close at 7,389.30 as Holding Firms led the retreat although Banks and Mining and Oil...
