SEC scraps minimum stockbroker commission
In its continuing efforts to boost capital market activity, the Securities and Exchange Commission has removed the minimum amount of commission that stockbrokers may charge their customers......»»
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......»»
Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue
Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»
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, NTC move to block OctaFX websites
The Securities and Exchange Commission (SEC) has secured the endorsement of the National Telecommunications Commission (NTC) for the blocking of the websites and apps of OctaFX......»»
SEC wants SMEs to embrace sustainability
The Securities and Exchange Commission (SEC) wants to instill sustainability into the business practices of not only big companies but also the small and medium enterprises......»»
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 to share data with more government agencies
The Securities and Exchange Commission (SEC) is teaming up with more government agencies to boost efforts to combat money laundering and terrorism financing......»»
SEC clears CLI’s preferred shares offer
The Securities and Exchange Commission (SEC) has cleared the planned public offering of up to P5 billion worth of preferred shares by Cebu Landmasters Inc. (CLI)......»»
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......»»
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......»»
LITTLE BOY
A boy picks scraps from homes burned down by the fire last Sunday, April 7, 2024, in Muslim Village, Purok 7, Barangay 76-A. (Kath Cortez/davaotoday.com).....»»
SMC scraps plans to build P100 billion Pasig River tollway
Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»
Dead horses, scraps, leaves: Gaza’s hungry get desperate
At the Jabalia refugee camp in northern Gaza, Abu Gibril was so desperate for food to feed his family that he slaughtered two of his horses. “We had no other choice but to slaughter the horses to feed the children. Hunger is killing us,” he told AFP. Jabalia was the biggest camp in the Palestinian.....»»
Marcos calls for review of minimum wage rates
Groups have been calling on the government to raise the minimum wage to keep up with the rising cost of living. .....»»
P15 daily minimum wage hike in Caraga to effect on May 1
P15 daily minimum wage hike in Caraga to effect on May 1.....»»
‘WATER MEANS LIFE’ | Baciwa-PrimeWater urged to reduce minimum water charge
‘WATER MEANS LIFE’ | Baciwa-PrimeWater urged to reduce minimum water charge.....»»
Philippine daily wage insufficient to meet family living expenses
MANILA, Philippines — The nationwide daily wage disparity averaged P762 as of March 2024, with the daily minimum wage averaging only P440, the think tank Ibon Foundation said on Wednesday. Data from the Ibon Foundation showed that the wage gap was computed based on the average daily minimum wage and the average family living wage.....»»
Angat’s water to hit below minimum level in June
The water elevation in Angat Dam dropped to 200.05 meters yesterday and may go down below its minimum operating level of 180 meters in June due to the El Niño phenomenon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Tell it to SunStar: A national minimum wage is best
Tell it to SunStar: A national minimum wage is best.....»»
The bill to increase the national minimum wage
Our high minimum wage......»»