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Bond issuances decline by 53 percent in 2023
Government and corporate bond issues tumbled by more than half last year amid a challenging environment including high interest rates......»»
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......»»
Maynilad nears maiden P15 billion blue bond issue
Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»
Robust P400 billion bond listings seen this year
The Philippine Dealing & Exchange Corp. (PDEx) is optimistic this year’s domestic bond listings target will be attained as the corporate bond market is off to a good start......»»
BDO raises record P63 billion from bond offer
BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»
SEC issues cease and desist order vs bogus Ayala Group
SEC issues cease and desist order vs bogus Ayala Group.....»»
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......»»
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......»»
Gov’t readies new discount guidelines for seniors, PWDs
The national government is crafting new guidelines to expand the monthly discount cap on grocery items and prime commodities for senior citizens and persons with disabilities (PWDs). Cherryl Carbonell, officer in charge of the Department of Trade and Industry’s (DTI) Consumer Policy and Advocacy Bureau, said on Saturday what they have now was an initial.....»»
PBCom eyes P2 billion from new bond issue
The Philippine Bank of Communications is looking to raise at least P2 billion, with an option to oversubscribe, from the first tranche of its new peso bond program......»»
Open ocean salmon farm a win for the economy
The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»
Filinvest raises P10 billion from new bond offer
Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»
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......»»
Government to issue guidelines for faster mining permits
The government is expected to issue the guidelines for streamlining the processing of mining permits within the year......»»
Medical, burial aid guidelines set on OVP Davao FB page
Medical, burial aid guidelines set on OVP Davao FB page.....»»
DOJ releases guidelines on case-buildup for online sexual harassment
The Department of Justice said that it crafted guidelines for gathering evidence and case build-up of gender-based online sexual harassment. .....»»
2024 CDC COVID guidelines: essential information on isolation duration – Reviewed
The Centers for Disease Control and Prevention (CDC) has recently updated its COVID-19 guidelines, shortening the time individuals are expected to isolate in efforts to.....»»
PEZA crafting guidelines for pharma ecozones
The Philippine Economic Zone Authority is finalizing a set of guidelines covering the registration of pharmaceutical economic zones in the country......»»
DSWD practices strict adherence to AICS guidelines – agency official
The Department of Social Welfare and Development (DSWD) strictly adheres to the implementing guidelines of the Assistance to Individuals in Crisis Situation (AICS) program, Undersecretary for Legislative Liaison and Coordination Group Fatima Aliah Dimaporo said on Tuesday (January 23) during the Senate hearing on the alleged ‘ayuda’ scam. “DSWD personnel practice strict adherence to the […].....»»
DOH to review stem cell treatment guidelines
The Department of Health will soon review and update the existing guidelines for stem cell treatment......»»