The MFT Group of Companies (MFT Group) and its owners are asking the Securities and Exchange Commission (SEC) to lift the cease and desist order issued against the company for alleged illegal solicitation of investments from the public. In a statement, the firm said it has asked the SEC “to...
The Commission on Appointments (CA) on Wednesday, March 13 unanimously approved the ad interim appointment of Department of Finance (DOF) secretary Ralph Recto. Former senator Ralph Recto swiftly breezes through the confirmation proceedings as Secretary of the Department of Finance...
The Commission on Appointments (CA) has approved in plenary session the ad interim appointments of six (6) foreign service officials of the Department of Foreign Affairs (DFA) and two (2) ambassadors. The CA in particular confirms the nomination of ambassador to Cambodia Flerida...
The Commission on Appointments’ (CA) Committee on National Defense on Tuesday, March 12 deferred the appointment of Brig. Gen. Ranulfo Sevilla after his estranged wife opposed his ad interim appointment. Senate President Juan Miguel “Migz” Zubiri affirmed the CA’s decision on...
The Civil Service Commission (CSC) reminded government offices to allow Muslim employees to adjust their work hours to accommodate their religious practices during the month of Ramadan. The Muslim community has officially started the month-long Ramadan on March 12. “In light of the observance of...
The Insurance Commission (IC) announced that car owners can now claim twice the benefits in their mandatory motor insurance without any increase in premiums. In a statement on Tuesday, March 12, IC said that the regulator has updated the compulsory motor vehicle liability insurance (CMVLI) scheme...
The Commission on Elections (Comelec) on Monday, March 11, and South Korean firm Miru Systems has signed a contract for the lease of the Full Automation System with Transparency Audit and Count (FASTrAC) or the Automated Election System (AES) to be used in the 2025 midterm polls. The Commission on...
The Commission on Higher Education (CHED) on Monday, March 11, approved the Samar Island Institute of Medicine (SIIM) at Samar State University (SSU) to offer a doctor of medicine program. Commission on Higher Education (CHED) CHED Chairman J. Prospero de Vera III said this is a big step...
TORONTO – Long term power supply agreements (PSAs) may thrive as the ‘gold standard’ in securing the confidence of investors if the Philippines will ultimately decide on integrating nuclear power as a strategic component of its future energy mix, according to the Energy Regulatory Commission....
DOF Secretary Ralph Recto (Facebook) Surigao del Sur 2nd district Rep. Johnny Pimentel has predicted "smooth sailing" for Department of Finance (DOF) Secretary Ralph Recto's confirmation before the powerful Commission on Appointments (CA). ...
The National Telecommunications Commission (NTC) has recently ordered all internet service providers to immediately block the website of OctaFX for the protection of the investing public, as requested by the Securities and Exchange Commission (SEC). The move comes after a similar move by the NTC...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) House Deputy Majority Leader ACT-CIS Party-list Rep. Erwin Tulfo has accused the National Food Authority (NFA) and the Commission on Audit (COA) of being "in cahoots" with each other on the issue of...
