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SEC affirms P2M fine vs NOW Corp., CEO

The case concerns the alleged misleading disclosures of NOW Corp. on the supposed P2.6 billion unpaid obligation to the Philippine government......»»

Category: newsSource: philstar philstarFeb 23rd, 2024

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

P2M tobats nasabat sa 2 tulak

NASA P2 milyong halaga ng pinaniniwalaang shabu ang nasabat matapos na mabitag ang dalawang hinihinalang tulak ng ilegal na droga sa isang buy bust operation noong Biyernes Santo sa Lower Bicutan, Taguig City. The post P2M tobats nasabat sa 2 tulak first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

Dul-an P2M budget sa ‘Buhing Kalbaryo

Dul-an P2M budget sa ‘Buhing Kalbaryo.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

The biggest infra company

San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

SC imposes jail term, P2M fine on child pornographer

The Supreme Court upheld a ruling that found an individual guilty of violating the Anti-Child Pornography Act of 2009......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

SC affirms Sandigan’s decision to allow Napoles, ex-Masbate lawmaker to post bail

SC affirms Sandigan’s decision to allow Napoles, ex-Masbate lawmaker to post bail.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

CSC affirms 2019 decision: Libre guilty of malpractice

CSC affirms 2019 decision: Libre guilty of malpractice.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 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

Maharlika CEO: terrorists are the only investors we won’t deal with

In an interview with Nikkei Asia, Rafael Consing, CEO of the Maharlika Investment Corp., addressed the delay in the MIC’s deployment of capital, and provided some insight into the level of interest the fund has received from global investors......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

WATCH: Ryan Bang opens fine dining restaurant Paldo in Quezon City

Host Ryan Bang opened his first fine dining Korean restaurant Paldo in Quezon City. .....»»

Category: entertainmentSource:  philstarRelated NewsFeb 15th, 2024

Tulfo’s bill seeks to impose stricter penalties for drunk drivers

MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

U-BIX Chairman and CEO Edilberto B. Bravo: The King of Hearts (and Paper)

On paper, U-BIX founder, Chairman, and CEO Atty. Edilberto B. Bravo is intimidating. Prior to our round-table interview, this writer was given pages of materials about the man, his family, and the legacy he has built, transcending the paper and copier business he started in 1968 with his wife, Dr. Felina Bravo......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

SEC revokes registration of Cryptoasset

The Securities and Exchange Commission has punished a firm with a fine and revocation of its registration for undertaking fraudulent investment-taking activities......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Man, his nephew caught with over P2M ‘shabu’ in Cebu City drug bust

CEBU CITY, Philippines – Suspected shabu worth over P2 million were confiscated from the possession of two men who were collared in a buy-bust operation in the mountain barangay of Malubog in Cebu City, Tuesday night. The suspects were identified as Ronald Gabunada, 40, and his nephew, Jestoni Rom, 32, who is an ex-convict. Both.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 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 formally asks NTC to block Binance

In a letter to the NTC, SEC Chairperson Emilio Aquino says Binance 'poses a threat to the security of the funds of investing Filipinos'.....»»

Category: newsSource:  rapplerRelated NewsMar 25th, 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