Three individuals were arrested for illegal Liquefied Petroleum Gas (LPG) trading, while equipment valued at P8,481,000 was seized during a buy-bust operation in Rodriguez, Rizal on Wednesday, May 6. The Rizal Police Provincial Office (Rizal PPO) the suspects, identified as “Elvira,” 51;...
The Philippine Stock Exchange index (PSEi) ended the week lower as oil prices rose while the peso weakened due to the Bangko Sentral ng Pilipinas’ (BSP) rate hike. The main index dropped 40.32 points, or 0.67 percent, to close at 5,943.49 on Friday, April 24. Banks led the decline, while the...
Local stocks retreated on Thursday, April 23, as the central bank 's interest-rate hike and heightened geopolitical tensions between the United States (US) and Iran dampened investor appetite for riskier assets. The Philippine Stock Exchange index (PSEi) slipped 5.75 points, or 0.1 percent, to...
The Philippine Stock Exchange index (PSEi) managed to advance on Monday, April 20, despite news that the Strait of Hormuz remains closed amid mixed signals from the United States (US) and Iran regarding their peace talks. The main index added 16.9 points, or 0.28 percent, to close at 6,016.03....
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...
