We are sorry, the requested page does not exist
SEC moves to help Philippines exit from FATF gray list
The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»
SEC issues cease and desist order vs bogus Ayala Group
SEC issues cease and desist order vs bogus Ayala Group.....»»
SEC advises investors: Watch for red flags before investing
SEC advises investors: Watch for red flags before investing.....»»
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......»»
DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake
The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»
The challenges and opportunities of listing bonds in the Philippines
It is definitely much easier for Philippine Stock Exchange-listed companies to list on the bond exchange, because the internal corporate clean-up and housekeeping that companies undergo before listing on the PSE already suffice as prerequisites to listing on the bond exchange. Similarly, the public disclosures made by PSE-listed entities already satisfy the PDex-imposed requirements before a company can list on the bond exchange......»»
Meralco reminds public of electrical safety tips this Holy Week
Electric concessionaire Meralco said that its personnel will attend to the needs of its customers during Holy Week despite its offices being closed from Maundy Thursday to Black Saturday......»»
BFP-Mandaue reminds public to be fire-conscious
MANDAUE CITY, Philippines – The Bureau of Fire Protection in Mandaue City (BFP-Mandaue) is reminding residents to be fire-conscious during the opening of Fire Prevention Month in the city on Friday, March 1. BFP-Mandaue Fire Marshal Chief Inspector Arnel Abella said that fires recorded in the city usually involve electric wires, unattended cooking, and failure.....»»
SEC warns public vs 2 firms
The Securities and Exchange Commission has warned the public against dealing with Robinson Company and America Mall-PH due to their unauthorized solicitation of investments without the necessary license from the commission......»»
SEC sets deadlines for filing of annual reports
The Securities and Exchange Commission has set the deadlines for the submission of annual reports of companies this year......»»
Companies State it Takes More Than 6 Months to Fill Cybersecurity Positions
The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets continuing to clamor for InfoSec […].....»»
AP partners with energy companies for LNG plant in Batangas
AP partners with energy companies for LNG plant in Batangas.....»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
Dcott assists bus companies for Holy Week special permits
THE Davao City Overland Transport Terminal (Dcott) has collaborated with bus companies, ensuring they obtain or renew their special permits from the Land Transportation Franchising and Regulatory Board-Davao Region (LTFRB-Davao) ahead of the anticipated surge in passengers during the upcoming Holy Week......»»
LTO reminds motorists to renew driver’s licenses
The Land Transportation Office has advised motorists with expiring licenses this month to renew their driver’s permit before April 30......»»
DOH reminds Filipinos: Drive safe this Holy Week
The DOH noted that the risk of road accidents increases with more people traveling. .....»»
World Sleep Day: A How-to Sleep Soundly For Energetic People
World Sleep Day reminds everyone to set aside a time to sleep at least 7 hours a night to heal the body. However, there are people who are so active with life’s hustles that they can’t barely sleep on schedule because of too much stimulation from checking their phones or focusing too much on work......»»