The Securities and Exchange Commission (SEC) has issued a cease-and-desist order (CDO) against EF Easy Franchise Technological Ventures Inc., which counts popular show host Rene “RJ” Ledesma as a co-founder, to stop its illegal solicitation of investments from the public for so-called franchise...
The Philippine Stock Exchange index (PSEi) opened the week lower as early bargain-hunting gave way to concerns over rising tensions in the Middle East. The main index shed 20.98 points, or 0.33 percent, to close at 6,265.72. Miners led the retreat, while services was the only sector to finish in...
The Philippine government and the Organisation for Economic Co-operation and Development (OECD) on Monday, July 13, launched a Peer Exchange Mission in Manila aimed at strengthening public finance resilience and advancing sustainable, resilient communities through evidence-based policymaking and...
The Securities and Exchange Commission (SEC) found a surge in quality management deficiencies among the nation’s largest accounting firms in its latest multiyear inspection cycle, even as individual corporate audits showed signs of improvement. The regulator’s 2026 SEC Oversight Assurance...
Local equities market faces renewed wave of investor caution as mounting geopolitical tensions in the Middle East threaten to stall a two-week rally. While the Philippine Stock Exchange index climbed 3.53 percent over the past two weeks, underlying market participation remains weak. Daily value...
The Philippine Stock Exchange index (PSEi) resumed its upward trajectory on Friday, July 10, after the previous trading day’s breather, as easing United States (US)-Iran tensions and a vote of confidence in the Philippine economy from US aid agency Millennium Challenge Corp. (MCC) lifted investor...
The Philippine Stock Exchange (PSE) penalized First Gen Corp. and DoubleDragon Corp. for violating the bourse’s disclosure rules. First Gen, a power producer controlled by the billionaire Lopez family, was found in violation of multiple provisions under Article VII of the PSE Consolidated Listing...
Local stocks snapped a six-day winning streak, retreating as a flare-up in geopolitical tensions between the United States (US) and Iran prompted investors to lock in profits following the weeklong rally. The Philippine Stock Exchange index (PSEi) fell 51.9 points, or 0.83 percent, to close at...
A Filipino scholar, Dr. Enrico Gloria, delivered a commencement speech in Mandarin at the graduation ceremony of the School of Social Sciences at Tsinghua University, using the Filipino concept of “kapwa” and the Chinese virtue of “rén” to call for greater empathy and cross-cultural...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
The Philippine Stock Exchange (PSE) is pushing back against the securities regulator’s decision to open the door to cryptocurrency trading, warning that the move risks siphoning individual investors away from traditional equities and undermining capital market development. The critique follows...
Local equities extended their winning streak to a fifth consecutive session as market sentiment received a boost from a slower-than-expected inflation print for June. The Philippine Stock Exchange index (PSEi) edged up 23.12 points, or 0.37 percent, to finish at 6,247.11 on Tuesday, July 7. Despite...
