The Securities and Exchange Commission (SEC) has ordered the Capital Markets Integrity Corporation (CMIC) to take over the operations of stock brokerage Equitiworld Securities Inc. (EQWORLD) to secure the accounts of its customers.In a statement, the SEC said it issued the takeover order on Nov. 12...
SM Markets, the retail grocery arm of the SM Group’s SM Retail, is planning to open 10 to 15 new stores outside Metro Manila this year to provide for the essential needs of Filipino communities in underserved areas in the provinces.“Service is at the heart of everything we do. As we grow, we see...
Ayala-led ACEN Corporation will be rolling out $1.6 billion worth of capital for 1,600 megawatts (1.6 gigawatts) of greenfield renewable energy (RE) projects that it will be advancing at its home base in the Philippines, as well as in India and Australia.In a media briefing, ACEN President and CEO...
Senior Trade and Investment Commissioner Christopher Lim, SM Supermarket President Jojo Tagbo, Australian Ambassador Her Excellency HK Yu, Coles General Manager of Exports and Wholesale Dr. Will Mullholand, and SM Hypermarket President Arnold Daluz officially announced Coles and SM Markets...
Newly appointed Department of Finance (DOF) Secretary Ralph G. Recto said he will push for the passage of a law that will develop a sustainable corporate pension system in the country and reforms in public and private pensions.Recto said that he will advocate for the Capital Markets Development Act,...
Find the best 65th anniversary deals in every SM Markets store for the whole month of Oct.A month-long celebration of SM’s 65th year is happening now. Excpect a series of promotions that promise to make shopping an even more rewarding experience. The 65th-anniversary promotions include:Get SM...
The Department of Agriculture (DA) said it is planning to put Kadiwa retail stores in select Metro Manila wet and dry markets within the first quarter of 2023 in a bid to make affordable foods accessible to all Filipinos.
President Ferdinand 'Bongbong' Marcos Jr. visits the Kadiwa ng Pasko...
In its latest biennial report in December 2022, the European Commission’s Counterfeit and Piracy Watch List identified the Baclaran, Cartimar, Divisoria and Greenhills markets in Metro Manila, Philippines as offering a wide range of counterfeit goods on retail and wholesale basis.
This is the...
The Marcos administration will again tap the overseas debt markets with its three-tranche US dollar dominated bond sale that aims to bridge the government’s budget deficit for the year.
Based on a document obtained by reporters, the Philippine government launched on Monday, Jan. 9, the...
The Department of Public Works and Highways (DPWH) said Saturday, Jan 7, said the completion of the local road Ramon Magsaysay, Zamboanga del Sur has provided better access for the farmers to transport their goods.
In a statement, DPWH Region 9 Director Cayamombao D. Dia noted that his office is...
President Ferdinand Marcos Jr. is hopeful that the Association of Southeast Nations (ASEAN) can be the main driver of the global economy again, just like what it was pre-pandemic.
Sharing his observations during his debut at the ASEAN Summits, Marcos said members of the regional bloc seem "to...
The Department of the Interior and Local Government-Cordillera Administrative Region (DILG-CAR) prodded its local government units (LGUs) to put up accessible ‘Timbangan ng Bayan Centers’ in all public and private markets to safeguard the consumers against deceptive and unfair sales acts and...