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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......»»
SEC issues cease and desist order against Procap
The Securities and Exchange Commission has ordered Procap to stop unauthorized solicitation activities after the company was found pursuing its illegal investment scheme to the public......»»
SEC issues CDO vs bogus Ayala group
The Securities and Exchange Commission has issued a cease and desist order versus groups using the name of Ayala Corp. to illegally solicit investments......»»
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......»»
SEC revokes license of lending firm
The Securities and Exchange Commission has revoked the certificate of authority of Wealth and Personal Development Lending Inc. to operate as a lending company......»»
Rama asks Malacañang to suspend Gwen over CBRT dispute
CEBU CITY, Philippines – Preventive Suspension. Cebu City Mayor Michael Rama is seeking the suspension of Governor Gwen Garcia over issues related to the Cebu Bus Rapid Transit (CBRT). Rama filed an administrative complaint before the Office of President Ferdinand Marcos Jr. against Garcia after the governor issued a cease and desist order to the.....»»
DENR stops operation of Chocolate Hills resort
MANILA, Philippines — The Department of Environment and Natural Resources (DENR) issued a cease and desist order (CDO) against the controversial Chocolate Hills resort operating in a protected area in Bohol province. DENR Undersecretary for Field Operations Juan Miguel Cuna said the CDO was issued on March 14, putting Captain’s Peak Garden and Resort under close monitoring.....»»
Chan questions resumption of vessel dismantling works in Punta Engaño
LAPU-LAPU CITY, Cebu – The cease and desist order (CDO) that Lapu-Lapu City Mayor Junard Chan issued against the dismantling of a ship that got stuck on the shores of Sitio Jansen in Barangay Punta Engano has not been lifted. Chan issued the clarification following reports that cutting works to dismantle the ship has resumed......»»
SEC scores another victory vs erring lending firms
The Securities and Exchange Commission has scored another major victory against erring lending companies......»»
NTC orders SMNI to stop operations indefinitely
MANILA, Philippines — The National Telecommunications Commission (NTC) has ordered an indefinite suspension of the operations on Sonshine Media Network International (SMNI) radio and television stations. In an order dated Jan. 18, the NTC ordered Swara Sug Media Corporation, the business name of SMNI, to cease and desist its operations pending a hearing and final.....»»
Pasig City tells hotel to explain disregard of senior discount or face closure
MANILA, Philippines — Pasig City on Wednesday ordered a hotel to explain why the local government should not issue a cease and desist order after it denied a 20-percent discount to a senior citizen. INQUIRER.net will withhold the name of the establishment and its hotel management until it gets the side of the hotel company......»»
Cebu Daily Newscast: Pastor Apollo Quiboloy: Senate Committee issues order to arrest, detain him
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, March 20, 2024. Pastor Apollo Quiboloy: Senate Committee issues order to arrest, detain him An order has been issued to arrest and detain Pastor Apollo Quiboloy at the Senate following his continued refusal.....»»
Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees
Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»
2025 Elections: Cebu logs 5,082 new applications – Comelec
CEBU CITY, Philippines — Cebu Province has logged a total of 5,082 applications on the first day of the voter registration for the 2025 elections. Commission on Elections (Comelec) Cebu spokesperson Omar Sharif Mamalinta revealed this data on Monday evening, Feb. 12. The midterm local and national elections is scheduled on May 2025. Of the.....»»
MPBA Season 2 completes north and south conferences’ semifinal contenders
CEBU CITY, Philippines — The KMNH Lending-Luigi Bercede completed the southern conference’s final four of the ongoing Mandaue’s Pride Basketball Association (MPBA) Season 2: Cebuano Cup’s south division after grabbing a crucial win on Sunday evening against the Quadernos, 83-71. The victory earned the KMNH Lending-Luigi Bercede the last remaining semifinal slot in the MPBA.....»»
DOTr urged to accept unconsolidated PUJ applications for PA
DOTr urged to accept unconsolidated PUJ applications for PA.....»»
UPCAT 2025 applications now open
The University of the Philippines is now accepting applications for the UP College Admission Test or UPCAT for academic year 2024-2025......»»
One-stop-shop logs over 7K business permits applications
One-stop-shop logs over 7K business permits applications.....»»
Hamas says latest cease-fire talks have ended
Hamas says latest cease-fire talks have ended.....»»
PMSC ordered to cease dolomite ops in Cebu
PMSC ordered to cease dolomite ops in Cebu.....»»