The Securities and Exchange Commission (SEC) has accelerated the implementation of its digitalization reforms to further improve the ease of doing business in the country and spur the growth of domestic enterprises. In a report to Finance Secretary Carlos G. Dominguez III, SEC Chairman Emilio...
The Securities & Exchange Commission has facilitated the raising of P5.4-billion sustainable bonds following its efforts to promote sustainability in the Philippine corporate sector. This is according to SEC Commissioner Ephyro Luis B. Amatong in his welcome remarks during the European Chamber...
The Securities and Exchange Commission (SEC) has issued the draft guidelines for the registration and operation of online lending platforms (OLPs) as part of its efforts to stop abusive and predatory practices. The Commission released for public comment the draft guidelines on November 19,...
The Securities and Exchange Commission (SEC) has approved the planned P750 million initial public offering (IPO) of Haus Talk, Inc. and the P6 bilion preferred share offering of EEI Corporation. The Commission En Banc resolved to render effective the registration statements of Haus Talk covering...
The Securities and Exchange Commission (SEC) has approved three public share offerings -- Figaro Coffee Group, Inc., Citicore Energy REIT Corp. (CREIT) and, Arthaland Corporation -- worth almost P15 billion. Figaro initial public offering will consist of up to 1.26 billion common shares priced at...
The Department of Finance (DOF) wants financial technology (Fintech) companies in the country to be properly regulated and taxed while encouraging the sector’s growth and continued innovation. In a statement, DOF Secretary Carlos G. Dominguez III said Tuesday, Nov. 16, that he has tasked the...
The Securities and Exchange Commission (SEC) is calling on Filipinos to secure their future through smart and sustainable investments, as it leads the celebration of the 2021 Investor Protection Week. From Nov. 8 to 12, the SEC will celebrate the Investor Protection Week with webinars and other...
The Securities and Exchange Commission (SEC) has stopped the registration of new online lending platforms (OLPs) of financing and lending companies as it prepares to issue new rules that will address abuses in the industry. The commission issued SEC Memorandum Circular No. 10, Series of 2021, which...
The Department of Justice (DOJ) has affirmed the findings of the Securities and Exchange Commission (SEC) by recommending the filing of criminal charges against Organico Agribusiness Ventures Corporation and its officers for unauthorized solicitation of investments. In a resolution on September 3,...
The Securities and Exchange Commission (SEC) has approved the planned P3.5 billion preferred shares offering by Cirtek Holdings Philippines Corporation. In its meeting on October 26, the Commission En Banc resolved to render effective the registration statement of Cirtek covering 50 million...
The Securities and Exchange Commission (SEC) has approved the P2-billion maiden share offering by Medilines Distributors Incorporated and the P9.55 billion follow-on offering by Sta. Lucia Land, Inc. In its meeting on October 12, the Commission En Banc resolved to render effective the registration...
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
