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...
Stock broker Eusebio H. Tanco has formally declined his nomination as director of the Philippine Stock Exchange (PSE) for the Board elections on July 1 after his brokerage Venture Securities Inc. has been penalized by regulators in relation to illegal transfers of shares worth P700 million. In a...
The local task force against coronavirus disease (COVID-19) of the Malabon City government has prohibited dine-in options in its public and private markets to lessen the risk of virus transmission in the city. (UNSPLASH / MANILA BULLETIN Under Resolution No. 28, the local government will...
The local equities market is “doing very well” despite the global economic shock triggered by the pandemic, the Department of Finance (DOF) said, citing a report of the Philippine Stock Exchange (PSE). In a statement, the DOF quoted PSE President Ramon Monzon as saying that the Philippines’...
The Duterte administration has tapped anew the overseas debt markets to bridge the government’s wider budget deficit and cushion the impact of the COVID-19 pandemic, the Bureau of the Treasury announced. The national government is offering to overseas investors its 10.5-year and 25-year...