The local stock market ended lower on late profit-taking after a strong opening that sent the Philippine Stock Exchange Index (PSEi) above the 7,000 level. The main index lost 19.38 points or 0.28 percent to close at 6,960.43 led by losses of Banks although sectoral indices were evenly split....
President Marcos visited the wake of the late Securities and Exchange Commission (SEC) commissioner and lawyer Hubert Guevara to pay his last respects and remember the official as a friend and public servant. President Ferdinand 'Bongbong' Marcos Jr. visits the wake of SEC commissioner...
The local stock market kicked off the first trading day of the second quarter with a substantial hike following strong economic data from China and the US. The main index jumped by 76.28 points or 1.10 percent to close at 6,979.81 as Conglomerates led the advance while the Industrial sector lagged...
After several extensions of its amnesty program, the Securities and Exchange Commission (SEC) is finally imposing higher fines and penalties for the late and non-filing of reportorial requirements by corporations starting Monday, April 1. The Commission issued SEC Memorandum Circular No. 6, Series...
Investors in the local stock market will be looking forward to the release of the March inflation numbers this week to see if there will be further delays in the central bank's policy rate cuts. “For the first week of April, investors are expected to look towards upcoming economic data for clues....
The Department of Finance (DOF) and the Securities and Exchange Commission (SEC) are discussing a plan to come out with clear guidelines governing the registration and trading of cryptocurrencies in the Philippines. In an interview after the induction of the officers of the Economic Journalists...
Newly-appointed Securities and Exchange Commissioner Hubert Dominic B. Guevara passed away today, March 29, 2024, at the age of 56 after being in the hospital for six days. He was reported to have suffered a cardiac arrest while playing football and was immediately brought to the hospital. “With...
Security and Exchange Commission (SEC) Commissioner Hubert Guevara has passed this Good Friday, the Office of the President (OP) said. Security and Exchange Commission (SEC) Commissioner Hubert Guevara (file) In a Facebook post, the OP said Guevara died early March 29. "The Office of the President...
The Securities and Exchange Commission (SEC) has opened a new office in Butuan to make doing business easier for entrepreneurs in the region and support the continued economic growth of Mindanao. The SEC officially inaugurated last March 25 the SEC Butuan Extension Office located at the JC Aquino...
The local stock market recovered some lost ground as investors started picking up cheaper stocks. The main index rose 45.07 points or 0.66 percent to close at 6,898.17 led by the advance of the Services sector while Banks and Miners lagged behind. Volume improved to 699 million shares worth P7.62...
Following a request from the Securities and Exchange Commission (SEC), the National Telecommunications Commission (NTC) ordered internet providers to block access to Binance's website — the world's largest cryptocurrency exchange. (NTC / Manila Bulletin) In a statement issued on March...
The Securities and Exchange Commission (SEC) announced that it has proceeded with the blocking of the online presence of Binance, the world’s top cryptocurrency trading platform, in the Philippines. In its March 12 meeting, the Commission En Banc approved the filing of a formal request with the...
