The Securities and Exchange Commission (SEC) of the Philippines has officially assumed the chairmanship of the Association of Southeast Asian Nations (ASEAN) Capital Markets Forum (ACMF), following the handover ceremony earlier this month in Kuala Lumpur, Malaysia. Taking the helm from the...
Capital market stakeholders are seeking to tap the vast and growing mass affluent segment of young tech-savvy Filipino investors, as it presents a huge opportunity for wealth creation in the country. To enable this segment to help enlarge the country’s economic pie, a video library project was...
More Filipino workers are expected to build up their retirement funds under the Personal Equity and Retirement Account (PERA), following the enactment of the Capital Markets Efficiency Promotion Act (CMEPA). The Securities and Exchange Commission noted that, among the salient provisions of the...
A couple of months before the much-anticipated Capital Markets Efficiency Promotion Act (CMEPA) took effect, my friend Carmen got in touch about a five-year-plus-one placement offered by a publicly listed universal bank, promising a pretty good yield. Considering and understanding that transaction...
The ASEAN Capital Markets Forum (ACMF) has endorsed the Strategic Thrusts and a set of Key Principles for the upcoming ACMF Action Plan 2026-2030 (AP2026) during its successful 42nd Chairs’ Meeting in Penang, Malaysia. The ACMF said the AP2026, which is targeted for release in October 2025, will...
(MANILA BULLETIN) Senator Sherwin Gatchalian foresees more Filipinos investing in the country’s capital markets, thanks to the impending enactment of the proposed Capital Markets Efficiency Promotion Act (CMEPA). “CMEPA will not only...
The Philippine Stock Exchange, Inc. (PSE) is set to reshape the country's capital markets with its acquisition of a controlling stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement on Thursday, Dec. 26, the PSE announced that it had signed agreements to acquire a 61.92...
The Securities and Exchange Commission (SEC) has ordered the Capital Markets Integrity Corporation (CMIC) to take over the operations of stock brokerage Equitiworld Securities Inc. (EQWORLD) to secure the accounts of its customers. In a statement, the SEC said it issued the takeover order on Nov....
Ayala-led ACEN Corporation will be rolling out $1.6 billion worth of capital for 1,600 megawatts (1.6 gigawatts) of greenfield renewable energy (RE) projects that it will be advancing at its home base in the Philippines, as well as in India and Australia. In a media briefing, ACEN President and CEO...
Newly appointed Department of Finance (DOF) Secretary Ralph G. Recto said he will push for the passage of a law that will develop a sustainable corporate pension system in the country and reforms in public and private pensions. Recto said that he will advocate for the Capital Markets Development...
The Capital Markets Integrity Corporation (CMIC), the independent audit, surveillance, compliance and enforcement unit of The Philippine Stock Exchange, Inc., denied allegations that it had been remiss in its previous audits of Venture Securities Inc. In a statement released to media, Venture cited...
The Securities and Exchange Commission (SEC) has upheld the findings of the Philippine Stock Exchange’s independent audit, surveillance and compliance arm against Venture Securities, Inc. (VSI) for violation of multiple trading rules. The PSE’s Capital Markets Integrity Corporation said these...
