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SEC scores another victory vs erring lending firms

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

Category: newsSource: philstar philstarMar 19th, 2024

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:  philstarRelated NewsJan 17th, 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

Oplan Kalsada conducted against erring taxi drivers

FOLLOWING the incident involving erring taxi drivers in Davao City that went viral online, the Traffic Enforcement Unit-Davao Region (TEU-Davao) conducted a surprise Oplan Kalsada to monitor several taxi terminals in the jurisdiction on Tuesday, April 23, 2024......»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

LTO hikes penalties for erring car dealers, importers

LTO hikes penalties for erring car dealers, importers.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

PNP: No missing case folders of erring cops

The case folders of erring police officers in Metro Manila, which were earlier reported missing, were only misplaced, the Philippine National Police said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 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

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

Double win: Bren Esports boss scores legal victory, PSA citation

Cause for celebration doubled for Bren Esports on Wednesday as embattled founder Bernard “Bren” Chong bagged a new legal victory just days after his team was feted by the Philippine Sportswriters Association in their annual awards night......»»

Category: newsSource:  philstarRelated NewsJan 31st, 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

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

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

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

DTI NegOcc warns public of unregistered lending firm

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

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Herro scores 24 and the Heat beat Boston 111-101 to even the series 1-1

Herro scores 24 and the Heat beat Boston 111-101 to even the series 1-1.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Dean Wade scores 20 in fourth, Cavs rally to stun Celtics and end winning streak

Cleveland Cavaliers’ Dean Wade Scores 20 Points in Fourth Quarter to Stun Boston Celtics 105-104 In a surprising turn of events, the Cleveland Cavaliers pulled.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 6th, 2024

PDEA scores anew; arrests 2, seizes P3.4-M illegal drugs

PDEA scores anew; arrests 2, seizes P3.4-M illegal drugs.....»»

Category: sportsSource:  abscbnRelated NewsJan 21st, 2024

NBA: Embiid returns, scores 41 as Sixers dump Rockets

Joel Embiid scored 41 points in a dazzling return from injury on Monday as the Philadelphia 76ers romped past the Houston Rockets 124-115. Kicking off a packed slate of NBA fixtures as the US marked the Martin Luther King Jr. public holiday, the Sixers were always in control as they cruised to victory. READ: NBA:.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024