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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......»»
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......»»
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......»»
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......»»
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.....»»
COA: Mountain Province LGU awarded projects to banned firm
The Commission on Audit has flagged the provincial government of Mountain Province for awarding two irrigation projects to a blacklisted construction firm......»»
Government arsenal spending up 420 percent but misses production target
The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
Lemonade
Last week, authorities recovered two Bugatti Chiron cars smuggled into the country – and, for some mad reason, actually used on our roads. Such smuggling might have been discouraged if the LTO had a functioning information system with a reliable audit trail......»»
How smuggled ultraluxury Bugatti Chirons expose flaws in LTO
An IT system with a weak audit trail makes it easy to smuggle in one of the world's most expensive sports cars.....»»
NMP nabs 'Outstanding e-NGAs User Entity Award'
NMP's remarkable use of the Electronic New Government Accounting System (e-NGAs) received recognition for its commitment to transparency and the timely submission of financial statements and other reports for FY 2022, as mandated by the Commission on Audit (COA)......»»
Philippines conducts marine patrols to check presence of Chinese research ships
MANILA (Reuters) – The Philippines on Monday deployed a coastguard vessel to carry out a two-week patrol mission in waters north and east of the country to intensify its maritime presence and check on Chinese research vessels that were spotted in Benham Rise. Benham Rise, which sits off the Philippines’ east coast, is a vast.....»»
Itatayo mo ‘yung magpapasaya sa’yo : Ogie Diaz shares secret to business success
Not many people know it, but entertainment writer, talent manager and occasional actor Ogie Diaz now conducts acting workshops......»»
Gorayeb conducts tryout for Capital1 volleyball team
Capital1 Solar Energy, determined to make heads turn in the coming Premier Volleyball League conference, will hold a two-day tryout at the San Sebastian College-Recoletos gym starting tomorrow......»»
DOTr conducts preliminary evaluation of NAIA bids
All bidders eyeing the contract to operate and maintain the Ninoy Aquino International Airport have submitted complete documents for their technical proposals, inching them closer to the final round of the selection process......»»
Turkey conducts airstrikes in Iraq and Syria, demolishing bunkers, shelters, and oil facilities
Title: Turkey Launches Airstrikes in Iraq and Syria in Response to Attack on Military Base Date: [Insert Date] Byline: [Your Name] (Word count: 376) ISTANBUL.....»»
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......»»
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......»»