The Philippine Competition Commission (PCC) has approved the proposed acquisition deal between Metanoia South Pte. Ltd. and Copper Smelting Investments Ltd., finding that the agreement poses no competition risks. The PCC said the acquisition was approved following a Phase 1 review, which determines...
The Civil Service Commission (CSC) said on Monday, Oct. 13, that about 83,000 first-level government positions remain unfilled and are open to senior high school (SHS) graduates. This was according to CSC chairperson Marilyn Yap, who stated that they must at least pass the sub-professional civil...
The Commission on Audit (COA) will soon require all its employees to file detailed conflict-of-interest declarations, part of a series of reforms following anomalies uncovered in the country 's flood control and infrastructure projects. COA Chairperson Gamaliel Cordoba said this on Monday,...
The Securities and Exchange Commission (SEC) was awarded for well-being and diversity by Investors in People (IiP) Philippines, reflecting its commitment to investing in its workforce to achieve excellence in public service. The Commission said it was named the winner for the Award for Wellbeing...
The Department of Labor and Employment (DOLE) has stepped up its campaign in Surigao del Sur in a bid to build what ir described as a healthier and more empowered workforce through workplace-based family welfare programs promoting well-being, family planning, and social inclusion. The initiative...
The Securities and Exchange Commission (SEC) has approved the ₱3-billion follow-on offering of preferred shares by engineering and infrastructure firm Megawide Construction Corp. In its meeting on Oct. 9, the Commission En Banc resolved to render effective the registration statement of Megawide...
Playing its part in the government’s anti-corruption drive, the Securities and Exchange Commission (SEC) has drafted rules mandating the disclosure of persons who, directly or indirectly, own a substantial stake or exercise control of a registered corporation or partnership. The SEC is now...
The Securities and Exchange Commission (SEC) has approved the planned offering by real estate giant Ayala Land Inc. (ALI) of Association of Southeast Asian Nations (ASEAN) sustainability-linked bonds to raise up to ₱15 billion for the payment of debt and funding of capital expenditures (capex)....
Securities and Exchange Commission (SEC) Chairman Francis E. Lim expressed regret over his claim that the local stock market lost ₱1.7 trillion in market capitalization due to the corruption scandal, which turned out to be fictitious. “The information, which had been circulating within business...
Securities and Exchange Commission (SEC) Chairman Francis E. Lim pointed to corruption as “a weapon of mass wealth destruction” as investigations into anomalous flood control projects have eroded investors ' confidence to the extent ₱1.7 trillion in market capitalization has been wiped...
The Anti-Money Laundering Council (AMLC), in support of the Independent Commission Against Corruption (ICAC), has frozen more than ₱4 billion in assets linked to fraudulent flood control projects as the government intensifies its crackdown on corruption. The move follows the AMLC’s issuance of...
Commission on Elections (Comelec) Chairman George Erwin Garcia confirmed on Tuesday, Oct. 7, that they are also looking into 2022 presidential and vice presidential candidates over the campaign donations made to them by contractors. In a television interview on ANC, Garcia said that they are part...
