Sun Life Philippines has created a wealth management company catering to institutional investors and high-net-worth individuals who are looking to generate additional profit. In a statement, Benedict Sison, Sun Life Philippines chief executive officer and country head said they have officially...
The Bureau of Immigration (BI) recently intercepted at the Ninoy Aquino International Airport (NAIA) a Chinese national wanted by his government over a large-scale, Internet-based pyramiding investment racket. (Photo by Glenn Carstens Peters/ Unsplash) BI Commissioner Jaime Morente said 56-year-ol...
Five alleged scammers, believed to have milked millions of pesos from their victims, were arrested in a joint entrapment operation launched by the National Bureau of Investigation (NBI), the Securities and Exchange Commission (SEC), and the Anti-Red Tape Authority (ARTA) in Quezon City this week....
Some 16 local and foreign business groups have strongly urged for the immediate enactment of the proposed Financial Consumer Protection (FCP) Act, which seeks to protect consumers amidst the growing complexity in financial services, especially digital services. In a statement the business group...
Fitch Ratings has revised the Philippines’ outlook to “Negative” from “Stable” due to the national government’s weakening fiscal finances brought about by the prolonged coronavirus pandemic. Fitch Ratings Building In a statement released Monday evening, July 12, the London-based credit...
Due to health and safety concerns associated with the COVID-19 pandemic, Top Frontier Investment Holdings, Inc. will not hold a physical meeting of the Annual Stockholders’ Meeting (ASM). The Company will conduct the ASM via livestream at the Company’s website and will publish the Notice...
Due to health and safety concerns associated with the COVID-19 pandemic, Top Frontier Investment Holdings, Inc. will not hold a physical meeting of the Annual Stockholders’ Meeting (ASM). The Company will conduct the ASM via livestream at the Company’s website and will publish the Notice...
The Department of Science and Technology (DOST) on Monday, June 7, took delight in the call made by lawmakers to push for the passage of the Science for Change Program (S4CP) bill to ensure “greater" research and development (R&D) funding for the Philippines. (Photo from DOST) The DOST...
The Fiscal Incentives Review Board (FIRB) has adopted the framework for the grant of incentives to qualified industries under the government’s Strategic Investment Priorities Plan (SIPP). As provided in the newly enacted Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law that...
The Department of the Interior and Local Government (DILG) commended on Wednesday, June 2, the House of Representatives for the passing in the third and final reading some key amendments on the economic provision of the 1987 Constitution. “We congratulate Speaker (Lord Allan) Velasco for proving...
An estimated 1.6 million job opportunities will be created with household income substantially increased if the economic restrictions in the 1987 Constitution are relaxed, a University of the Philippines (UP) researcher said Sunday, May 30. DILG Spokesperson Jonathan Malaya (File photo courtesy of...
Debt-watcher S&P Global’s affirmation of the Philippines’ investment grade status is a vote of confidence in the country’s medium-term growth prospects despite challenges posed by COVID-19, the government’s chief economic manager and central bank governor said. Finance Secretary Carlos...
