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SEC-Davao advises timely submission of requirements for amnesty payments

The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

FPRRD opposes disguised Charter change initiative

Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

LWUA appoints new MCWD acting general manager

LWUA appoints new MCWD acting general manager.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Pope Francis Appoints Rev. Fr. Luisito Occiano as New Bishop of Virac Diocese

Rev. Fr. Occiano, appointed by Pope Francis as the new bishop of the Diocese of Virac Virac, Catanduanes – Rev. Father Luisito Occiano of the Archdiocese of Caceres was formally appointed by Pope Francis on Thursday, February 29, 2024, as the new Bishop of the Diocese of Virac. Occiano will be the third Bishop of […] The post Pope Francis Appoints Rev. Fr. Luisito Occiano as New Bishop of Virac Diocese appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsMar 1st, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

SEC orders Infinity8 to halt operations

The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Kris Aquino nag-kupido ni Carla Abellana ug ‘doctor friend’

Bisan pa man sa kakulian sa panglawas ni Kris Aquino tungod sa iyang autoimmune diseases, wala kini nahimong babag sa iyang pagka-matchmaker ni Carla Abellana. On Instagram, Abella commented on one of Aquino’s health updates and extended her prayers to her. Sa Instagram, mi-comment si Abellana sa health update post ni Aquino ug mipadangat kini.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

SK chairperson, barangay konsehal sakpan sa motel

SK chairperson, barangay konsehal sakpan sa motel.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

Sara reveals she will run in next polls

Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

CLOSAP welcomes passage of ordinance for drug-free workplace

LAPU-LAPU CITY, Cebu- The City of Lapu-Lapu Office for Substance Abuse Prevention (CLOSAP) welcomed the recent passage of an ordinance that institutionalizes the implementation of a drug-free workplace here. The ordinance authored by Councilor Emilio Galaroza Jr., the Chairman of the Committee on Health, mandates the conduct of authorized drug testing in all offices of.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Remembering Butz Aquino, leader of the August Twenty-One Movement that defied Marcos Sr.

Butz Aquino, the brother of Ninoy Aquino, was among the first to call upon the people to gather in EDSA in what would become the People Power Revolution.....»»

Category: newsSource:  rapplerRelated NewsFeb 24th, 2024

Kris Aquino hirap nang maging strong, humingi ng lakas sa ina

AMINADO ang Queen of All Media na si Kris Aquino na nahihirapan na rin siyang maging malakas sa paglaban sa iniindang sakit. Ngayong araw, nagbahagi ang TV host-actress ng larawan sa kanyang Instagram stories bilang paggunita sa kaarawan ng yumaong ina na si dating Presidente Cory Aquino. Unang ibinandera ni Kris ang larawan ng kanyang.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2024

Bimby tuloy ang pagsho-showbiz, pero ano-ano nga ba ang mga gagawing proyekto?

“WALA pang napag-uusapan,” ito ang sagot sa amin ni Erickson Raymundo nang tanungin namin siya kagabi kung anu-anong projects ang gagawin ni Bimby Aquino Yap pagbalik niya ng Pilipinas sa Pebrero pagkatapos ng kaarawan ng mama niyang si Kris Aquino. Nag-viral ang sagot ni Kris Aquino sa handler niyang si Cristine Calawod ng Cornerstone Entertainment.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2024

Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang

MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

SEC wants SMEs to embrace sustainability

The Securities and Exchange Commission (SEC) wants to instill sustainability into the business practices of not only big companies but also the small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

OceanaGold PH IPO approved by SEC

OceanaGold received SEC approval for its proposed P7.88 billion IPO......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

SEC, NTC move to block OctaFX websites

The Securities and Exchange Commission (SEC) has secured the endorsement of the National Telecommunications Commission (NTC) for the blocking of the websites and apps of OctaFX......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue

Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024