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SEC issues cease and desist order against Procap

The Securities and Exchange Commission has ordered Procap to stop unauthorized solicitation activities after the company was found pursuing its illegal investment scheme to the public......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 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

SEC to work with Go on capital market reforms

The Securities and Exchange Commission has vowed to work closely with Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go to push reforms that would deepen the capital market......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Info on cornerstone investors now required

The Securities and Exchange Commission (SEC) has laid down rules governing cornerstone investors in initial public offerings, requiring issuers to disclose the necessary information on their prospective investors......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

SEC OKs Citicore Renewable IPO

The Securities and Exchange Commission has given its green light to the P11.252-billion initial public offering of Citicore Renewable Energy Corp......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

SEC revokes license of lending firm

The Securities and Exchange Commission has revoked the certificate of authority of Wealth and Personal Development Lending Inc. to operate as a lending company......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

SEC revokes license of alleged pyramid firm

The Securities and Exchange Commission has revoked the corporate registration of an investment-taking entity employing a pyramid-like scheme......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

SEC updates and compliance for 2024

The implementing rules and regulations of the Revised Corporation Code of the Philippines that took effect on Feb. 23, 2019 has been released by the Securities and Exchange Commission through memorandum circulars......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

8 more firms flagged for Ponzi-like schemes

For operating like Ponzi schemes, eight more entities were flagged yesterday by the Securities and Exchange Commission , as the state regulatory body advised the public against dealing with them, especially giving in to their solicitations for investments......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty

The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

P25 jeepney fare hike: LTFRB-7 says it won’t happen

  CEBU CITY, Philippines – The demand for a P25 increase in the minimum fare for jeepney drivers, from P15 to P40, is deemed impossible to realize, according to the Land Transportation Franchising and Regulatory Board (LTFRB) Region 7 Director Eduardo Montealto Jr. Montealto said that the P25 increase should not be taken lightly, as.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

IT-BPM firms deemed best places to work in Philippines

Firms engaged in information technology and business process management topped this year’s list of the best places to work in the country......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

US strikes Houthi anti-ship missiles, shipping disruptions grow

The anti-ship missiles targeted in the strikes were being prepared by Yemen's Houthis for firing into the Red Sea and deemed 'an imminent threat' to shipping and US Navy vessels in the region, says the US military.....»»

Category: newsSource:  rapplerRelated NewsJan 19th, 2024

Rivermaya’s unexpected reunion concert is a ‘Thank You’ to fans

A Rivermaya reunion concert was once deemed impossible. But 30 years after they first formed as a band, they’re back together for a show that will serve as their “Thank You” to fans who have long waited for this to happen......»»

Category: entertainmentSource:  philstarRelated NewsJan 13th, 2024

Recto to prioritize pending tax reforms

Newly appointed Finance Secretary Ralph Recto has committed to focusing on tax measures deemed a priority by President Marcos......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Belle to start P5.3 billion tender for PLC shares

Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Road to IPO

The Philippine Stock Exchange hosted a forum on Feb. 28 featuring CEOs who talked about how their respective initial public offerings helped accelerate the growth of their companies......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Selling pressures drag local stocks down

The Philippine Stock Exchange index fell below the 6,900 level, slipping by 0.31 percent or 21.72 points to end at 6,891.49 amid selling pressures at the start of the trading week......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

CPG raises P2 billion from share offer

Century Properties raised P2 billion from the listing of its Series B preferred shares on the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

A Brown gets green light for P1.5 billion share offer

A Brown Co. Inc. has secured approval from the Philippine Stock Exchange to raise up to P1.5 billion through a preferred shares offering......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024