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Deadline extended for submission of New Clark City bid documents
State-run Bases Conversion and Development Authority is extending the deadline for the submission of eligibility requirements for the commercialization of the passive information and communications technology infrastructure in New Clark City. .....»»
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......»»
SC: Lorraine Badoy guilty of indirect contempt for red tagging judge
MANILA, Philippines — Loraine Badoy-Partosa, former spokesperson of the government’s anti-insurgency task force, has been found guilty by the Supreme Court (SC) of indirect contempt for red-tagging a Manila Regional Trial Court (RTC) judge. Badoy was ordered to pay a fine of P30,000 and warned against repeating the same or similar acts in the future,.....»»
SC fines PAO chief P180,000 for contempt
The Supreme Court has slapped a fine of P180,000 on Public Attorney’s Office chief Persida Acosta over her statements against the “conflict of interest” provision in the new lawyers’ code of conduct, citing her for indirect contempt and grossly undignified conduct prejudicial to the administration of justice......»»
Abueva fined P.1 M for mocking SMB coach
The PBA slapped Magnolia’s Calvin Abueva with a hefty fine of P100,000 for making a gesture mocking San Miguel Beer coach Jorge Gallent in Sunday’s Game 2......»»
Abueva fined P100k for Gallent mockery
The PBA slapped Magnolia’s Calvin Abueva with a hefty fine of P100,000 for making a gesture mocking San Miguel Beer coach Jorge Gallent in Game 2 of the PBA Commissioner’s Cup finals last Sunday......»»
SC junks petition challenging legality of POGOs
The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»
SPPC submits best offer for Meralco supply requirements
The Manila Electric Co. has secured the best bid from San Miguel’s South Premiere Power Corp. for its 1,200-megawatt (MW) supply requirement......»»
SC imposes P180K fine on PAO chief for contempt, undignified conduct
“It was determined that Atty. Acosta’s statements and innuendos on her Facebook page, which was accessible to the public, attributed ill intent and malice to the Court.”.....»»
SC finds PAO chief Acosta guilty of indirect contempt, orders her to pay fine
Aside from Acosta, the SC also finds PAO forensics unit director Erwin Erfe guilty of indirect contempt for accusing the SC of judicial tyranny.....»»
Marcos wants ‘strategy’ to address brain drain
MANILA, Philippines — In response to the persistent issue of brain drain in the country, President Ferdinand “Bongbong” Marcos Jr. urged the development of a strategy aimed at persuading graduates to remain in the Philippines and contribute their skills for a few years before considering opportunities abroad. According to Marcos, it was “fine” with him.....»»
Diamonds for everyone
Can Karat World truly make fine jewelry accessible?.....»»
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......»»
DepEd: Distance learning for public schools on Monday
In an advisory on Sunday, DepEd said the implementation of asynchronous classes will “allow learners to complete pending assignments, projects and other requirements.”.....»»
Global Dominion, RCBC Capital extend financing to the unbanked and underbanked
Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»
Sarangani Writers League welcomes 11 new members, all women
ALABEL, Sarangani (MindaNews / 24 March) – The Sarangani Writers League (SWL) recently welcomed its new members, all of them women, for helping develop the literary community in the province of Sarangani. The new members successfully navigated the application process, fulfilled all requirements, and surpassed the evaluation criteria: Catherine R. Discorson, Mariele M. Gallego, and Eva […].....»»
275 BuCor personnel face job loss
At least 275 personnel of the Bureau of Corrections are set to lose their jobs for failing to complete the required eligibility and education requirements under the law, despite extensions......»»
Meralco secures 400-MW supply requirement from SMC’s Limay Power
Manila Electric Co. yesterday secured 400 megawatts (MW) for its interim supply requirements following a competitive selection process......»»
Over 100,000 firms suspended
Over 100,000 corporations have been suspended by the Securities and Exchange Commission for non-filing of reportorial requirements......»»
DBM approves P455-million funding to aid rice farmers
The DBM said that the fund was released to the Department of Agriculture (DA) and three other Government-Owned and Controlled Corporations to cover the fund’s operating requirements for the first quarter of 2024......»»