The Securities and Exchange Commission (SEC) has canceled the corporate registration of Bill Ford VIP Trading, Inc. which has been found to have engaged in unauthorized investment activities resembling a Ponzi scheme. In an order, the SEC Enforcement and Investor Protection Department (EIPD)...
The Securities and Exchange Commission (SEC) has approved the planned P72.45 billion initial public offering of food and beverage manufacturer Monde Nissin Corporation. In its April 20 meeting, the Commission En Banc resolved to render effective the registration statement of Monde Nissin...
The Securities and Exchange Commission (SEC) has launched the Electronic Simplified Processing of Application for Registration of Company (eSPARC) for faster and easier registration of corporations. In a statement, the SEC said that, starting April 19, it will accept and process under eSPARC all...
Local stocks dropped as investors preferred to hold on to cash during the weekend. The main index lost 45.15 points or 0.69 percent to close at 6,494.81 with the Property sector leading the retreat while the Mining and Oil counter advancing the most. Volume remained low with 6.77 billion shares...
The Securities and Exchange Commission (SEC) announced that it is migrating to a new company registration portal called the Electronic Simplified Processing of Application for Registration of Company (eSPARC) by April 19. In a statement, the SEC said the new portal will provide the public with a...
Philippine shares rose on the back of record performances of US bourses. PSE file photo The main index jumped 94.96 points or 1.46 percent to close at 6,590.11 as share prices rose across the board, led by the Holding Firms and Industrial counters. Volume remained tepid though at 2.41 billion...
The Securities and Exchange Commission (SEC) is giving corporations more time to submit their General Information Sheets (GIS) to cope with the new rounds of enhanced community quarantine (ECQ) and the transition to an online submission system. The SEC extended the deadline in a notice issued...
The local stock market rose as bargain hunters picked up shares late in the session on the back of gains in the US. PSE file photo The main index rose 52.06 points or 0.81 percent to 6,495.15 with only the Property sector retreating. Volume dropped to 1.85 billion shares worth P5.36 billion as...
The local stock market fell as investors cashed out ahead of the uncertainties that shroud the long weekend. Photo credit: PSE file. The main index dropped 102.46 points or 1.57 percent to close at 6,443.09 as share prices fell across the board. Volume improved but remained low at 2.4 billion...
The local stock market weakened as investors booked profits ahead of the weekend and rising new COVID-19 cases. The main index shed 36.37 points or 0.55 percent to close at 6,544.63 with sectoral indices evenly mixed. Volume remained low at 4.91 billion shares worth P6.28 billion as gainers...
The local stock market gained further as gains overseas prompted some investors to pick up bargains. The main index rose 51.18 points or 0.80 percent to close at 6,446.35 although the Industrial and Mining and Oil counters retreated. Volume dropped to 2.3 billion shares worth P5.04 billion as...
The local stock market plunged almost 200 points after government tightened lockdown measures while US bourses also weakened. The PSEI fell 194.75 points or 2.94 percent to close at 6,436.10 as share fell across the board. Volume rose to 3.53 billion shares worth P10.41 billion as losers beat...
