The Independent Commission for Infrastructure (ICI) is asking the Office of the Ombudsman whether or not former Department of Public Works and Highways (DPWH) officials led by ex-secretary Manuel Bonoan committed potential violations of the Code of Conduct and Ethical Standards for Public Officials...
President Marcos has ordered the creation of the National Sports Tourism Interagency Committee to harmonize and oversee all government initiatives to develop and sustain sports tourism. Marcos made the directive through Administrative Order No. 38, which stressed the need to create an inter-agency...
The Securities and Exchange Commission (SEC) wants to exempt more corporations from the mandatory submission of audited financial statements, in a bid to further reduce compliance costs for micro, small, and medium enterprises (MSMEs). In a policy paper submitted to the Department of Finance (DOF)...
Following findings that lax regulation has allowed “diploma mills” offering poor-quality master’s and doctoral degrees to thrive in the country, the Commission on Higher Education (CHED) is being urged by the Second Congressional Commission on Education (EDCOM 2) to intensify its oversight of...
The Marcos administration’s privatization income was cut by more than half at end-September, failing to meet targets despite the ₱820 million contribution from the Presidential Commission on Good Government (PCGG). Data from the Bureau of the Treasury (BTr) showed that revenues from the...
The Securities and Exchange Commission (SEC) has slapped a ₱1-million fine against Surity Cash Lending Investors Corp. for its unfair debt collection practices. The Commission En Banc decided to impose the fine after Surity Cash was found to have committed three counts of violation of SEC...
The Philippine Conference on Women, Peace, and Security (WPS) opened with a strong call to accelerate the localization of the WPS Agenda, strengthen women’s leadership in governance, and ensure that peacebuilding efforts are grounded in transparency, inclusivity, and accountability. In a...
The Securities and Exchange Commission’s successful introduction of a complete, end-to-end, and paperless incorporation process has earned recognition of the Philippines as having one of the best company registration systems in the world. The Corporate Registers Forum (CRF) awarded the SEC...
Senator Jinggoy Ejercito Estrada dismissed the accusations thrown against him related to the anomalous flood control projects as hearsay and based on rumors. Estrada said this in a statement on Wednesday, Oct. 29, following the Independent Commission for Infrastructure 's (ICI) recommendation...
Senator Joel Villanueva said on Wednesday, Oct. 29, that Senate records will show his opposition to flood control projects "from the very beginning", following the Independent Commission for Infrastructure 's (ICI) recommendation to file charges against him and several other lawmakers before...
The Securities and Exchange Commission (SEC) reported that it had given discounts in fees amounting to ₱80 million to thousands of corporations, including micro, small and medium enterprises (MSMEs), across more than 40,000 transactions due to recent corporate sector reforms. Since July, the SEC...
The Securities and Exchange Commission (SEC) has approved a stock split for Globe Fintech Innovations Inc. (Mynt), the owner of GCash, a move intended to lower the per-share price and make the stock more affordable for its long-anticipated initial public offering (IPO). In a disclosure to the...
