The Philippine Stock Exchange (PSE) is scheduled to resume trading on Thursday, July 25, after its temporary suspension of trading on Wednesday due to Typhoon Carina and the southwest monsoon. The PSE released a statement early Thursday announcing that trading activities at the exchange will...
The Philippine financial markets ground to a halt Wednesday, July 24, as Malacañang suspended operations in government offices due to Typhoon Carina and the southwest monsoon. In the early morning of Wednesday, the Philippine Stock Exchange (PSE) announced a trading suspension, while the Bangko...
The Philippine Stock Exchange (PSE) announced Wednesday morning, July 24, that trading has been suspended amid continuous heavy rainfall caused by Typhoon Carina and the southwest monsoon. Malacañang has issued an order suspending government offices and classes at all levels across the National...
The Securities and Exchange Commission (SEC) has filed its second money laundering case against Silverlion Livestock Trading Corp. for its allegedly illegal solicitation of investments from the public. A joint complaint was filed last June 4 by the SEC and the Anti-Money Laundering Council (AMLC)...
The Securities and Exchange Commission (SEC) has filed a criminal complaint against Eton Phil Non-Specialized Wholesale Trading for its alleged unauthorized investment solicitation activities. The SEC identified the top company officials and agents of Eton Trading as respondents in the criminal...
The Commission on Audit (COA) has required the Department of Information and Communications Technology (DICT) to account for the more than P2.6 billion fund transfers (FTs) to the Philippine International Trading Corporation (PITC) for the procurements of goods and services which have "aged" for...
The Securities and Exchange Commission (SEC) and the Anti-Money Laundering Council (AMLC) have filed a money laundering complaint against Silverlion Livestock Trading Corporation which was found to be illegally soliciting investments from the public. Through Deputized AMLC Financial Investigators,...
More than 200 units of brand new pistols and heavy machine guns were recently acquired by the Philippine Coast Guard (PCG) to equip its personnel with enough firearms as part of its modernization efforts, it was revealed on Monday, May 29. *(Photo courtesy of PCG) * Adm. Artemio Abu, PCG...
The Philippines is looking forward to the implementation of Developing Countries Trading Scheme (DCTS), the new form of generalized system of preferential (GSP) trading system of the United Kingdom which provides larger product coverage than EU’s GSP+. Trade and Industry (DTI) Secretary Alfredo...
The Securities and Exchange Commission has advised the public against dealing with six more entities due to their unauthorized solicitation of investments without the necessary license from the Commission. In separate advisories, the SEC discouraged the public from investing with WebMining, Oyala,...
The Securities and Exchange Commission is warning the public against three more firms soliciting investments that appear to be pyramiding or Ponzi schemes with the promise of unsustainable high returns. In a statement, the SEC advised the public against dealing with the three entities due to their...
The Securities and Exchange Commission has issued an advisory to warn the public against dealing with five firms who are engaged in unauthorized solicitation of investments without the necessary license from the Commission. These firms are PPG Investment Group/Conamor Shop, LiveWell Multi-Ventures,...
