Local stocks are seen to be ripe for bargain hunting during the first week of the Chinese Ghost Month, but investor sentiment will be swayed mainly by a slew of important economic data and corporate earnings reports. “The local market is still deemed to be undervalued and, with the two-week...
Stocks market investors will be looking mainly towards the US Federal Open Market Committee meeting and corporate earnings reports for cues this week even as there remains more room for bargain-hunting amid improving trading data. “The local market has already exhibited a golden cross as its...
The Securities and Exchange Commission (SEC) has issued new rules to regulate the sale of properties with rental pool agreements. The Commission issued Memorandum Circular No. 12, Series of 2024, on Securing and Expanding Capital in Real Estate Investment Transactions (SEC RENT) in line with the...
President Ferdinand R. Marcos Jr.’s decision to ban Philippine offshore gaming operations (POGOs) may have little impact on most publicly-listed property developers, but it will affect the jobs and sales of businesses supporting the industry. “POGO operations have been reduced since the...
The Securities and Exchange Commission (SEC) has received the Level 3 Philippine Quality Award (PQA) from the Office of the President for mastery in quality management and performance excellence. In a statement, the SEC said the PQA is the highest national recognition for exemplary organizational...
The Securities and Exchange Commission is still pursuing the development of the crowdfunding sector despite recent setbacks experienced by the first companies that entered the local market. Crowdfunding is a fundraising activity typically conducted by startups and small and medium enterprises...
Sentiment at the local stock market is still seen to be buoyed by expectations of a rate cut although some stocks may be vulnerable to profit-taking following recent gains. “We continue to see a build up in positive momentum for the local bourse as it extends its rally to a fourth straight week....
Yesterday, I had the privilege of participating in Sustainability Week at the Securities and Exchange Commission (SEC) main office in Makati City, where I shared my experiences in environmental conservation. Initially, I was surprised by the invitation, as financial institutions had not previously...
The Bureau of Internal Revenue (BIR) partnered with the Securities and Exchange Commission (SEC) to create an interagency data-sharing system to expedite the verification of registered businesses in the country. BIR Commissioner Romeo D. Lumagui Jr. and SEC Chairperson Emilio B. Aquino signed a...
The Securities and Exchange Commission (SEC) has launched the third wave of its digital initiatives consisting of five new services that will make company registration more efficient and promote data sharing for enhanced tax administration. The Commission on July 17,...
By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) is steering corporations and members of both the public and private sectors towards a more sustainable capital market and business sector as it envisions a greener, low-carbon, and sustainable economy. The Commission launched on...
The Securities and Exchange Commission (SEC) is integrating all its digital services under one platform to enhance the security of online transactions as part of its continued shift to automated processes. On July 10, the Commission issued SEC Memorandum Circular No. 10, Series of 2024, providing...
