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SEC cracks whip on bogus Ayala firms

A group posing as part of the Ayala Group and soliciting investments from the public has been ordered to stop its fraudulent operations by the Securities and Exchange Commission......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

SEC streamlines capital raising for power firms

he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

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

CTTMO heightens 20-sec rule for PUVs

The City Transport and Traffic Management Office (CTTMO) in Davao City is intensifying the enforcement of the 20-second rule for public utility vehicles (PUVs) in loading/non-loading areas to alleviate traffic congestion during peak hours. CTTMO Head Dionisio Abude announced that 36 new traffic personnel will be assigned to monitor yellow boxes and ensure that PUVs, particularly jeepneys, do not exceed the 20-second limit in designated areas. Violators will be issued citation tickets for disregarding traffic signs, and those with expired or fake PUV IDs will face penalties. Additionally, the CTTMO is increasing efforts to curb illegally parked cars and urging drivers to keep intersections clear. These measures, along with the enforcement of the new speed limit policy, aim to promote safe and orderly traffic. Abude emphasized the importance of motorists' cooperation in respecting traffic rules and regulations for a disciplined and courteous driving environment......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 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

The Public Health Rationale behind the CDCs New Covid Guidance – The Daily Guardian

The Daily Guardian- Public Health Guidance Should Consider Balancing Burdens and Benefits As public health officials continue to provide guidance to the public during the.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 7th, 2024

SEC to ban Binance app

The Securities and Exchange Commission is working to ban the Binance app following recent efforts to block its website and other web pages in the country......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

SEC revokes registration of One 1Key Progress Booster

The Securities and Exchange Commission has ordered for the revocation of the registration of One 1Key Progress Booster Inc. following its unauthorized solicitation activities......»»

Category: entertainmentSource:  philstarRelated NewsApr 6th, 2024

SEC revokes registration of One 1Key Progress Booster

The Securities and Exchange Commission has ordered for the revocation of the registration of One 1Key Progress Booster Inc. following its unauthorized solicitation activities......»»

Category: entertainmentSource:  philstarRelated NewsApr 6th, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Newly appointed SEC official passes away at 56

Newly appointed Securities and Exchange Commission commissioner Hubert Dominic Guevara passed away on Friday. He was 56......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

DOT seeks inclusion in protected areas board amid Chocolate Hills issue

Department of Tourism Sec. Christina Frasco —INQUIRER.net file photo / Ryan Leagogo After the recent controversy surrounding a resort development near Chocolate Hills in Sagbayan town, Bohol, the Department of Tourism (DOT) announced plans to advocate for its inclusion in the national government’s Protected Area Management Board (PAMB). Tourism Secretary Christina Frasco stated during a.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

A salute to Sec. Jimmy Bautista and Ramon Ang

NAIA’s decrepit state and chaotic passenger experience has brought much shame to the country......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

SEC scores another victory vs erring lending firms

The Securities and Exchange Commission has scored another major victory against erring lending companies......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Training program on dealing with controversies, crisis

The Center for Global Best Practices will host an SEC-accredited training program, titled “Dealing with Controversies and Crisis Communication,” on April 17, 2024 from 1:30 to 4:45 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

SEC issues CDO vs bogus Ayala group

The Securities and Exchange Commission has issued a cease and desist order versus groups using the name of Ayala Corp. to illegally solicit investments......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

SEC strengthens push for sustainable finance

The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

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:  philstarRelated NewsFeb 23rd, 2024

SEC launches online portal for corporate amendments

The Securities and Exchange Commission is making it easier for corporations to file amendments to their articles of incorporation or by-laws through a newly launched online portal......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024