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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......»»
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.....»»
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......»»
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......»»
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......»»
BI bares new mail-order bride scheme
There is a new mail-order bride scheme that involves Chinese men using genuine government documents, the Bureau of Immigration reported yesterday......»»
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.....»»
SSS savings scheme hits P80 billion
The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»
Karapatan to President Marcos: Cease deceptive practices
Rights group Karapatan yesterday urged the Marcos administration to cease deceptive practices regarding the human rights situation in the country......»»
SEC revokes license of alleged pyramid firm
The Securities and Exchange Commission has revoked the corporate registration of an investment-taking entity employing a pyramid-like scheme......»»
West Philippine Sea dispute discussed at joint peace and order meeting
China’s activities seen to “jeopardize” the security of the country’s borders were among the key security issues discussed yesterday during the first ever joint national peace and order council and regional peace and order council meeting at Malacañang......»»
BI rescues Pinay ‘mail-order bride’
The Bureau of Immigration rescued a Filipina who was about to be a victim of a “mail-order bride” scheme, the BI said yesterday......»»
MMDA suspends number coding scheme on March 28, 29
The Metropolitan Manila Development Authority will be temporarily lifting its number coding scheme on March 28 (Maundy Thursday) and March 29 (Good Friday), which were earlier declared as regular holidays......»»
Zamboanga City sets ‘pick-and-go’ traffic scheme dry run
Zamboanga City sets ‘pick-and-go’ traffic scheme dry run.....»»
Himachal Pradesh CM Sukhu inaugurates 22 new branches of HPSCB; launches two new schemes
Shimla (Himachal Pradesh) [India], March 6 (ANI): Chief Minister Sukhvinder Singh Sukhu virtually inaugurated 22 new branches of the Himachal Pradesh State Cooperative Bank (HPSCB) on Wednesday. According to an official release from the Chief Minister's Office (CMO), "CM Sukhu launched two new schemes, the 'One-Time Resolution Scheme' and a Loan Scheme for developing high-density apple orchards."The Chief Minister also la.....»»
Mandaue council oks new traffic scheme
Mandaue council oks new traffic scheme.....»»