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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......»»

Category: financeSource: philstar philstarJan 17th, 2024

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

PNP revokes Quiboloy’s license to own, possess firearms

PNP revokes Quiboloy’s license to own, possess firearms.....»»

Category: newsSource:  sunstarRelated NewsApr 28th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Money lending firm collector killed in Zamboanga del Sur ambush

Gunmen killed a collector of a local money lending firm in a daytime ambush in Barangay Lutlutan in Dimataling town, Zamboanga del Sur on Wednesday......»»

Category: newsSource:  philstarRelated NewsMar 28th, 2024

DTI NegOcc warns public of unregistered lending firm

DTI NegOcc warns public of unregistered lending firm.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

SEC scores another victory vs erring lending firms

The Securities and Exchange Commission has scored another major victory against erring lending companies......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

SEC revokes registration of Cryptoasset

The Securities and Exchange Commission has punished a firm with a fine and revocation of its registration for undertaking fraudulent investment-taking activities......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

PNP revokes Quiboloy’s gun permits

According to Fajardo, PNP Chief Rommel Marbil has approved the recommendation to revoke Quiboloy's license to own and possess firearms which has been previously recommended by the PNP's Firearms and Explosives Office......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

PNP revokes Quiboloy’s firearms licenses

Fugitive preacher Apollo Quiboloy must surrender his guns, after the Philippine National Police (PNP) yesterday revoked his license to own and possess firearms and his firearms registration......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

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......»»

Category: entertainmentSource:  philstarRelated NewsApr 6th, 2024

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......»»

Category: entertainmentSource:  philstarRelated NewsApr 6th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Bank lending picks up pace in January

Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

Philippine Business Bank seeks universal banking license

Yao-led Philippine Business Bank is looking at obtaining a universal banking license from the Bangko Sentral ng Pilipinas as early as this year......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2024

Solon nangumpiska ng driver’s license sa fast food

Nairita raw ang isang lalaking mambabatas sa nakaharang na sasakyan sa parking ng fast food restaurant kaya kinuha nito ang lisensiya ng driver. The post Solon nangumpiska ng driver’s license sa fast food first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 26th, 2024

LTO: Release of plastic license cards starts today

The Land Transportation Office will start today the nationwide distribution of plastic driver’s license cards, LTO chief Vigor Mendoza II announced yesterday......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024