Stock market investors will be watching out mainly for the US Federal Reserve’s next move this week as well as the local remittance figures to see if the PSEi deserves to continue trading above the 7,000 level. “Last week, the local market was able to close above the crucial 7,000 level....
The Securities and Exchange Commission (SEC) is warning the public against dealing with a fake entity posing as the legitimate Philippine Investment Funds Association (PIFA) on Facebook and CT Loan Cash Loan and Credit Company. The SEC said the public should not buy into the investment scheme...
The Securities and Exchange Commission (SEC) announced that it has revoked the corporate registration of Lucky South 99 Corp. for operating a Philippine Offshore Gaming Operator (POGO) facility in Pampanga without the necessary license. The SEC’s Enforcement and Investor Protection Department...
The Securities and Exchange Commission (SEC) has rolled out an incentive program to encourage delinquent corporations to restore their good standing by giving them discounts on penalties if they submit their delayed annual reports. Following the success of the amnesty program it implemented last...
While Ghost Month ends on Sept. 2, the local stock market is seen to continue to consolidate just below the 7,000 resistance level as investor sentiment remains upbeat although eyes will be on the August inflation numbers later this week. “The market could move with an upward bias on the back of...
The Securities and Exchange Commission (SEC) has revoked the corporate franchises of Procap International and Ray International Philippines Corporation for illegally soliciting investments from the public. In a statement, the SEC said its Enforcement and Investor Protection Department (EIPD)...
The Philippine Stock Exchange’s benchmark, the PSEi, is seen to end the year at the 7,000 level as a favorable economic landscape is unfolding with lower interest rates and an easing inflation rate. “Our bottom-up analysis suggests a target of 7,000 for the PSEi in 2024, implying a...
There is a growing number of women holding executive positions in the Philippines’ publicly-listed companies although not enough are making it to the top of the corporate ladder and not many are being given key corporate roles. A study conducted by Philippine Women’s Economic Network (PhilWEN)...
The local stock market is seen to continue riding on optimism this week due to the Bangko Sentral rate (BSP) cut and expectations that the US Federal Reserve may start reducing rates by September. Philstocks Financial Research Manager Japhet Tantiangco said that, while the local market had a good...
The Securities and Exchange Commission (SEC) is developing stronger whistleblower protection policies to combat corruption and promote investor protection within the corporate sector. In a statment, the commission said its Anti-Money Laundering Division, in partnership with the United Nations...
The Securities and Exchange Commission and Philippine Stock Exchange have issued separate warnings to the public against scammers who lure investors with images of President Marcos and the bourse’s logo. The SEC is advising the public not to engage with Bagong Bansang Maharlika (BBM)...
The Securities and Exchange Commission’s contributions to the country’s economic transformation and growth was cited by President Ferdinand R. Marcos, Jr. who highlighted its efforts in promoting the ease of doing business. In the President’s Report to the People 2022 to 2024, President...
