The Securities and Exchange Commission (SEC) has ordered Trading Point Holdings Ltd., which operates under the name XM, XM Global Ltd., and XM Philippines, to cease its unauthorized solicitation of investments from the public immediately. In a cease-and-desist order (CDO), the SEC directed the XM...
Singapore/Belém, Brazil – Global energy stakeholders have been in overdrive in recent days. From the charged discussions at last week’s Singapore International Energy Week (SIEW) to the opening of COP30 in Belém, Brazil, this week, they all echo one fundamental message: the race to...
The Department of Justice (DOJ) has moved to file criminal complaints against three groups and their agents for illegally soliciting investments, escalating the Securities and Exchange Commission’s (SEC) ongoing campaign against fraudulent financial activities. According to the SEC, the DOJ found...
The Securities and Exchange Commission (SEC) is warning the public against engaging with individuals or groups who falsely represent themselves as part of COL Financial Group and use the name and logo of Alpha Securities Corp. without authority. In an advisory, the SEC flagged certain individuals...
The Securities and Exchange Commission (SEC) is waring the public against dealing with Quadbit Verse and C’preneur Perfume Trading for their unauthorized solicitation of investments. In separate advisories, the SEC said both Quadbit Verse and C’preneur have been found to be soliciting...
Manila Mayor Francisco "Isko Moreno" Domagoso assured investors of a more conducive environment in the City of Manila as he urged them to start their businesses in the country 's capital city. During a meeting with officials from the Chinese-Filipino Business Club at the City Hall, he assured...
The Department of Energy (DOE) announced that the Philippines’ carbon credit framework is nearing completion and is set to be finalized by year-end. At the Philippine Net Zero Conference 2025, Energy Secretary Sharon Garin stated that the department is working to finalize the framework, with an...
The Department of Energy (DOE) said it will release a memorandum next month to set official guidelines for carbon credit trading in the country. On the sidelines of GenZero Climate Summit Insights 2025 (Manila), Energy Undersecretary Felix Fuentebella told reporters the DOE plans to roll out the...
The Securities and Exchange Commission has advised the public against dealing with Fortune Wave Solution Hub OPC, Fortune Wave Trading, and Fortune Wave Trading PH, as these firms are not authorized or licensed to solicit investments. The group has been found by the SEC to be offering schemes...
Tycoon Lucio Co’s The Keepers Holdings Inc. (Keepers), the largest imported liquor distributor in the Philippines, is venturing into the production and export of premium local spirits through the acquisition of a 50-percent stake in the maker of Sula liqueur for ₱40 million. In a disclosure to...
The Securities and Exchange Commission (SEC) has issued a cease and desist order (CDO) against the Fortune Wave Group and the PU Prime Group (Pacific Union LLC, PU Prime Philippines, and PU Prime Support PH) for soliciting investments from the public without the necessary approvals from the SEC. In...
The Independent Electricity Market Operator of the Philippines (IEMOP) has assured that the Wholesale Electricity Spot Market (WESM) will see stable prices even after the 2025 midterm elections. In a briefing on Tuesday, May 6, Isidro Cacho Jr., IEMOP head of trading operations stated that the...
