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SEC enhancing digital initiatives in bid to boost regulatory compliance
The Securities and Exchange Commission is further streamlining requirements and processes for regulatory compliance as it strives to chart the Philippine corporate sector’s path toward a digital-first world......»»
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......»»
Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas
Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»
San Miguel board approves P20-B bond issuance
San Miguel disclosed that its board of directors has approved a P20 billion issuance of fixed-rate Peso-denominated bonds......»»
BDO to raise P5 billion via sustainability bonds
BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»
Eastridge leads Southwoods by 5, heading to final day
Jhondie Quibol softened Manila Southwoods’ day-long charge with a blistering seven-under-par 65 at the Del Monte Golf Club yesterday, helping Eastridge take a five-point lead into the final round of the 75th Philippine Airlines Men’s Interclub golf team championships......»»
CDO sticks to winning formula
Del Monte broke through as a Philippine Airlines Interclub titlist in the Seniors division last Sunday, and Yoyong Velez, the lawyer-turned-team builder, vowed that they will stick to the formula that gave them glory......»»
Bulacan church collapse blamed on termites
The floor of the balcony of a church in San Jose del Monte City, Bulacan that collapsed on Wednesday was infested with termites, an official of the city government said yesterday......»»
1 dead, 52 injured in Bulacan church collapse on Ash Wednesday
Based on the report of City of San Jose del Monte Public Information Office, 52 individuals sustained injuries in the incident, and there is one recorded fatality......»»
34 injured as church floor collapses in Philippines
MANILA, Feb. 14 (Xinhua) -- Thirty-four people were injured after the second floor of a packed Roman Catholic Church in Bulacan province, north of Manila, collapsed on Wednesday, a disaster-response official said. Gina Ayson, head of the San Jose del Monte City Disaster Risk Reduction Management Office, said the accident occurred in the morning as Catholics packed the church to celebrate Ash Wednesday. Ay.....»»
34 injured as church floor collapses in Philippines
MANILA, Feb. 14 (Xinhua) -- Thirty-four people were injured after the second floor of a packed Roman Catholic Church in Bulacan province, north of Manila, collapsed on Wednesday, a disaster-response official said. Gina Ayson, head of the San Jose del Monte City Disaster Risk Reduction Management Office, said the accident occurred in the morning as Catholics packed the church to celebrate Ash Wednesday. Ay.....»»
Rama plans to redesign CBRT bus station at Capitol for heritage preservation
CEBU CITY, Philippines – The Cebu Bus Rapid Transit (CBRT) project is facing delays, and the mayor’s new plans might make it take even longer. Mayor Michael Rama wants to remove the planned bus station near the Capitol building because it doesn’t fit with the area’s heritage. He plans to replace it with a new.....»»
Eastern Communications grows market share to 6 percent
Eastern Communications is banking on the growing demand for corporate connectivity to further increase its market share, as it plans to maximize new assets to attract customers in underserved areas......»»
DavNor vice guv denies involvement in ayuda scam
The Vice Governor of Davao del Norte has denied any involvement in the alleged ayuda scam following claims made during a Senate hearing chaired by Senator Ronald Bato Dela Rosa. The hearing revealed that public officials in Davao de Oro and Davao del Norte were linked to illegally using cash assistance from the Department of Social Welfare and Development (DSWD) and funds from the Department of Labor and Employment (DOLE) for political campaigns. Vice Governor De Carlo Oyo Uy refuted the allegations, stating that there is no truth to the claims. In response, Governor Edwin Kuya Gov Jubahib emphasized that he was protecting the welfare of his constituents and the country's budget. He called for the punishment of those involved. The governor had previously requested an investigation into the ayuda scam after individuals in the provinces received less than the intended assistance. The vice governor announced plans for a separate investigation to clear his name and clarified that the DSWD is solely responsible for the identification, assessment, validation, and distribution of cash assistance to beneficiaries......»»
SEC moves to help Philippines exit from FATF gray list
The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»
Hot finish puts del Rosario in the mix; Ardina also rallies
Pauline del Rosario fought back with a frontside flourish to cap off a one-under 71, trailing American Julie Houston by four strokes at the start of the Casino del Sol Golf Classic in Tucson, Arizona......»»
Bersamin tinukuran suspensiyon vs Davao del Norte gov
Itinanggi ni Executive Secretary Lucas Bersamin na hindi binigyan ng due process si Davao del Norte Governor Edwin Jubahib bago ito pinatawan ng suspensiyon. The post Bersamin tinukuran suspensiyon vs Davao del Norte gov first appeared on Abante......»»
Davao del Norte gov sinuspinde ng Palasyo
Sinuspinde ng Office of the President si Davao del Norte Gov. Edwin Jubahib dahil sa reklamo ng grave abuse of authority at oppression. The post Davao del Norte gov sinuspinde ng Palasyo first appeared on Abante......»»
NEWS BRIEFS | 26 March 2024
P101-M sea wall to rise in Surigao Sur town A P101.3 million sea wall will be constructed in Marihatag, Surigao del Sur to protect lives and properties from storm surges there. Rep. Romeo Momo (1st District, Surigao del Sur) led the ground breaking of the Marihatag Seawall Project last Sunday, March 24. “The project is a […].....»»
Ella Pangilinan pinuna ang news outlets na nagbabalita ng ‘fake news’
“HOW is that responsible journalism?” Ito ang naging hinaing ng kapatid ni Donny Pangilinan na si Ella matapos ibandera sa kanyang Instagram Stories ang pagpuna sa mga balita na mula lamang sa tsismis na hindi totoo. Hindi pinangalanan ni Ella kung ano-ano ang mga news outlets na ‘yun, pero kinukwestyon niya kung paano ito naging.....»»