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‘BSP ready to mitigate excessive peso volatility’
Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»
Doctors accepting gifts from drug firms may lose license – DOH
MANILA, Philippines — Doctors who have been proven to accept gifts from pharmaceutical companies in exchange for prescribing certain products may face suspension or revocation of their licenses, an official from the Department of Health (DOH) said on Tuesday. According to DOH Assistant Secretary Albert Domingo, the DOH is investigating allegations of the scheme and.....»»
From the Newsrooms: April 7 to 20, 2024
"IT'S COMPLICATED." The two words were all President Ferdinand Marcos Jr. had to say about his relationship with the Duterte family. The president and his predecessor however were ready to exchange barbs about various issues, but most prominently, about the "gentleman's agreement" between Rodrigo Duterte and Xi Jinping on the West Philippine Sea (WPS). News picked up every sign of the deepening rift that has cracked Te.....»»
Chinese nabbed for P3 million bribe try in Taguig gun raid
A Chinese man was arrested for allegedly offering P3 million to police officers in exchange for releasing him and another Chinese earlier arrested during a raid on a townhouse in Taguig on April 14......»»
Understanding ‘chismis’ and why people do it
CEBU CITY, Philippines— Gossips. Here in the Philippines, it is considered one of our favorite pastimes. According to a study by the Psychological and Cognitive Sciences, gossip is simply an exchange of personal information. If you go around the streets of Cebu, you will find yourself looking at a group of people standing along.....»»
3 suspected militants killed in southern Philippine clash
MANILA, April 15 (Xinhua) -- Philippine troops have killed three alleged members of Dawlah Islamiya (DI), an Islamic militant group, during a clash in the southern Philippines, the military said Monday. The military said a soldier was wounded in the 20-minute fighting that broke out on Saturday in a town in Lanao del Norte province. "The enemies were forced to withdraw and escape amid the exchange of gunf.....»»
PSE hopeful on talks for merger with PDS
The Philippine Stock Exchange Inc. (PSE) is aiming to wrap up negotiations with shareholders of the Philippine Dealing System Holdings Corp. (PDS Group) within the first half of the year, paving the way for the long-awaited integration of the local bourse with the fixed income exchange to finally happen this 2024......»»
BSP approves more changes to forex rules
The Bangko Sentral ng Pilipinas has approved more amendments to its regulations to further facilitate the access of authorized agent banks to foreign exchange resources and streamline documentary requirements, procedures as well as reporting......»»
2 cops held for extortion
Two policemen were arrested in Cotabato City on Friday for allegedly extorting money from a motorist in exchange for his impounded vehicle......»»
Hotel101 moves one step closer to NASDAQ SPAC listing
Hotel101, the global “condotel” subsidiary of Injap Sia’s Double Dragon, announced that it signed a definitive merger agreement with the British Virgin Island-registered JBSPAC Acquisition Corp., with the intent of listing the merged entity on the NASDAQ stock exchange under the symbol “HBNB”......»»
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......»»
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......»»
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......»»
Stock trading made easier for local small investors
The Philippine Stock Exchange Inc. has rolled out new features that seek to make initial public offering and follow-on offering (FOO) subscription more accessible and efficient for investors......»»
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......»»
EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy
New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»
EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy
New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»
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......»»
From the Newsrooms: March 10 to 16, 2024
THE STATE of the ruling alliance has taken back the news spotlight as the President and his predecessor engaged in yet another sharp exchange, suggesting that all is not well in Team Unity. The depth of hostility between the two remains the subject of public speculation.The media this week reported yet another back-and-forth between President Ferdinand Marcos Jr. and the former president, Rodrigo Duterte. The ex.....»»
Belle Corp sets PLC tender offer price at P0.85/share
Belle Corp and Premium Leisure Corp were both voluntarily suspended for the day yesterday after BEL disclosed details of its proposed tender offer to acquire PLC’s public float and eventually delist PLC from the exchange......»»