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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......»»
SEC Statement on the Hack of Our X Account and the Subsequent False Bitcoin ETF Approval Announcement
Title: SEC Collaborates with Law Enforcement to Combat Threats Promptly In a bid to ensure investor protection and maintain market integrity, the U.S. Securities and.....»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
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.....»»
CSC affirms 2019 decision: Libre guilty of malpractice
CSC affirms 2019 decision: Libre guilty of malpractice.....»»
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......»»
Ritz Azul masaya kahit supporting role na lang
MALIIT LANG ang role ni Ritz Azul sa Mamasapano: Now It Can Be Told na official entry ng Borracho Films sa MMFF this December 25. Isang reporter ang role niya sa pelikula at ayos lang daw ito sa kanya. “Ako po kasi, nandito po ako sa industriya bilang artista. Hindi po ako pumipili ng bida […] The post Ritz Azul masaya kahit supporting role na lang appeared first on Pinoy Parazzi......»»
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......»»
As a new investor, how should I pick stocks to invest in?
For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills......»»
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......»»
PAL denies that it has started the groundwork to sell a minority stake to strategic investor
Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»
Biz Bureau surpasses 43-K permit renewals
The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»
Investor interest in power gaining steam – Lotilla
Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»
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......»»
The Critical Role of LGUs in Streamlining Business Practices
The Critical Role of LGUs in Streamlining Business Practices.....»»
Eight Tips for Choosing a Domain Name for Your Small Business
Choosing a domain name for a small business requires careful consideration, as it is often the first thing people see about your business. The domain name of a business is often considered a piece of real estate on the internet, or your business home on the web. It is core to the digital presence of […].....»»
Biting back: NU refocuses on UAAP title redemption after Season 85 setback
UAAP Season 84 champion and Season 85 runner-up NU figures to still be a top contender as the new season approaches, with its holdover stars refocused and hungry for redemption.....»»
PHINMA, DLSU champion business as ‘force for good’ in new research center
PHINMA, DLSU champion business as ‘force for good’ in new research center.....»»
Alden babu sa ‘linis-linis’ role, mas type ang marumi, bad boy, basagulero
PAHINGA raw muna sa mga “goody-goody” at “linis-linisan” role sa mga teleserye at pelikula ang Asia’s Multimedia Star na si Alden Richards. Nag-yes agad ang award-winning Kapuso matinee idol nang ialok sa kanya ng mga bossing ng GMA 7 ang isa sa mga challenging role sa historical action-drama series “Pulang Araw.” Nang malaman daw niyang.....»»
7 Tips for Expanding a Home-Based Retail Family Business
If you’ve always dreamed of running your own home-based retail family business in the Philippines, one of the most rewarding milestones you’ll ever clear is your first shot at expansion. When you get to the next level, your business will be able to continue fulfilling its special role as a vehicle for your family’s financial […].....»»