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SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls

The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

A Brown Company has 2nd tranche of preferred shares sale approved by SEC

A Brown Company notified the exchange that the SEC approved its plan to sell a second tranche of preferred shares under its shelf registration......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

SEC moves to liberalize stockbrokers’ commissions

The Securities and Exchange Commission (SEC) is moving to liberalize retail stock market trading to prop up volume in the local bourse......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

SEC Statement on the Hack of Our X Account and the Subsequent False Bitcoin ETF Approval Announcement

Title: SEC Collaborates with Law Enforcement to Combat Threats Promptly In a bid to ensure investor protection and maintain market integrity, the U.S. Securities and.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 13th, 2024

Government urged to develop natural gas industry

Developing the country’s natural gas industry is critical to driving investments that will enhance national energy security, reduce electricity costs and create more jobs for Filipinos, according to the Senate committee on energy technical working group......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Red Planet spending P2 billion for expansion

Red Planet Hotels is spending P2 billion to build four more hotels in the Philippines in the next five years......»»

Category: financeSource:  philstarRelated NewsMay 25th, 2024

US spending $7mn a year on seized Russian yacht

The luxury vessel worth $300 million was arrested in Fiji in 2022    The US government is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian businessman and that it is now seeking to sell, a court filing from Friday showed.   The yacht, named 'Amade.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Summit deals won’t affect China investments – Marcos

The expected influx of investments from the US and Japan that stemmed from the historic trilateral summit won’t affect China’s investments in the Philippines, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Agri chief, MVP Group discuss investments in food security

Agriculture Secretary Francisco Tiu Laurel Jr. met with business tycoon Manuel V. Pangilinan, chairman of Metro Pacific Investments Corp., to discuss plans for significant investments in agriculture to support the government's food security goals......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

'SerbisyoBandera: P-pop idol namigay ng P1k para sa pamasahe ng fan

PINATUNAYAN ng isang Pinoy pop member na siya ay isang “idol” na talaga namang dapat tularan ng maraming kabataan. Naging magandang ehemplo kasi siya sa maraming tao matapos bigyan ng pamasahe ang isang nangangailangang fan. Siya si Maloi Ricalde, ang isa sa mga miyembro ng sikat na P-Pop group na BINI. Viral ngayon sa social.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

Pinay trainee na si Elisia Parmisano pasok sa upcoming K-Pop girl group na PRISM

MUKHANG dumadami ang Filipino talents pagdating sa mundo ng K-Pop! Paano ba naman kasi, isang Pinay trainee nanaman ang tila gumagawa ng pangalan sa South Korea. Kilalanin niyo si Elisia Parmisano ang 14-year-old Filipino na naging first member ng upcoming K-Pop girl group na PRISM ng talent agency na F&F Entertainment. Yes, yes, yes mga.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Faster GDP growth seen in 2nd quarter

he country’s gross domestic product growth will likely accelerate to 5.9 percent in the second quarter from 5.7 percent in the first quarter, supported by high employment, government spending and within-target inflation, according to First Metro Investment Corp. and University of Asia and the Pacific......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2024

Speaker to BIR: Economic growth rests on hitting targets

Speaker Martin Romualdez urged the Bureau of Internal Revenue to ensure that the tax agency hits its targets this year, emphasizing that “hitting revenue targets means the government can fund its spending program, which will enable growth.”.....»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

Modi’s alliance to win India election, exit polls project

The summary of two exit polls projected the ruling National Democratic Alliance (NDA) could win more than 350 seats in the 543-member lower house of parliament, where 272 is needed for a simple majority.....»»

Category: newsSource:  rapplerRelated News11 hr. 40 min. ago

Oil Prices Set to Drop After 5 Weeks of Increases

Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

DA: 30 percent of crops wasted due to poor logistics

Nearly a third or 30 percent of the country’s agricultural produce is wasted because of a poor logistics system, the Department of Agriculture said yesterday, as it cited the need to invest “heavily” in post-harvest facilities to reduce losses and lower commodity prices......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

PSAC affirms commitment to public-private collaboration

The Private Sector Advisory Council is ramping up efforts to foster economic growth and poverty reduction through collaboration between governments and the private sector......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Philippines needs to accelerate investments — World Bank

The Philippines will need to see a sustained increase in investments to achieve higher economic growth, according to the World Bank......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Make public schools local

It is obvious that we need more than the million plus DepEd bureaucracy to fast track the resurrection of our international reputation badly tarnished by results of recent international tests placing our children at the bottom of a list of many countries in terms of reading and math skills. More than our bruised national ego, our learning poverty of 90 percent dooms the economic future of our country......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024