The Securities and Exchange Commission (SEC) is calling on the public to secure their financial future by becoming smart investors and not become victims of scams. The commission issued this call as it joins the celebration of World Investor Week, a global campaign by the International Organization...
Short-term benchmark interest rates slightly rose as investors anticipated inflation last month moved at a much faster pace than the government’s target. At a Bureau of the Treasury auction on Monday, Oct. 4, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans,...
The Securities and Exchange Commission (SEC) has joined forces with the cybersecurity arm of the Department of Information and Communications Technology (DICT) to intensify efforts in preventing and suppressing cybercrime in the country. The SEC said it has entered into a Memorandum of Agreement...
The local stock market will be looking out for the release of September’s inflation rate, the impact of rising oil prices on goods and services, as well as the filing of candidacies for next year’s national elections. “Next week, the local market’s movement could depend on our COVID-19...
The local stock market is seen to be cautiously optimistic this week although it is still uncertain if it will have enough steam to breach, and stay above, the 7,000 resistance level. “The local market may still take cues from our COVID-19 situation. Last week, our case counts have averaged...
Golden Haven Memorial Parks, the country’s first integrated deathcare services firm, said its sustainability measures have reduced carbon emissions of their memorial parks projects in the country. Golden Haven has turned their vast and expansive memorial parks into stunning models of...
The Securities and Exchange Commission (SEC) has approved the P6 billion market debut of AllDay Marts, Inc. and the P18- billion bond offering of Petron Corporation. 34600 In its meeting last September 23, the Commission En Banc resolved to render effective the registration statements of AllDay...
The Securities and Exchange Commission (SEC) has declared final and executory the revocation of the Certificate of Authority (CA) of KingABC Lending Corporation to operate a lending company because of unfair debt collection practices. In a resolution, the SEC Corporate Governance and Finance...
HONG KONG, (AFP) - The Hong Kong stock exchange tumbled Monday over fears of a contagion from the potential collapse of Chinese real estate giant Evergrande as it struggles under a mountain of debt. PIXABAY/ MANILA BULLETIN The firm, one of the country's biggest developers, has warned it may not be...
The Securities and Exchange Commission is planning to establish the Office for the Advancement of Strategic Investments in SMEs (OASIS) as it fully supports the more IPO listings from the SME sector. “We would be more than happy to see more SMEs undertaking IPOs (initial public offerings). It is...
The Bureau of the Treasury has launched the government’s first onshore issue of dollar bonds catering to small investors who are looking for a low-risk, accessible and higher-yielding investment. At the price-setting auction on Wednesday, Sept. 15, the Bureau of Treasury raised an initial $866.2...
The Securities and Exchange Commission (SEC) is warning the public to be careful when dealing or transacting with corporations or entities that are not licensed or registered in the Philippines. The SEC said it has received numerous inquiries regarding the implications of transacting with...
