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SEC streamlines capital raising for power firms

he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»

Category: financeSource: philstar philstarFeb 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

SEC formally asks NTC to block Binance

In a letter to the NTC, SEC Chairperson Emilio Aquino says Binance 'poses a threat to the security of the funds of investing Filipinos'.....»»

Category: newsSource:  rapplerRelated NewsMar 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

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)......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

SEC issues cease and desist order vs bogus Ayala Group

SEC issues cease and desist order vs bogus Ayala Group.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

SEC Statement on the Hack of Our X Account and the Subsequent False Bitcoin ETF Approval Announcement

Title: SEC Collaborates with Law Enforcement to Combat Threats Promptly In a bid to ensure investor protection and maintain market integrity, the U.S. Securities and.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 13th, 2024

DMCI hikes capex to P59 billion this year

The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Mayor Honey calls on city officials, employees, to begin each day with a prayer

“Start your day with a prayer.” This was the appeal made by Mayor Honey Lacuna to all the officials and employees of the Manila city government, as the capital city joins the nation in the observance of the “National Bible’s Month.” The mayor also lauded City Administrator Bernie Ang, host of the flag raising ceremony, […].....»»

Category: newsSource:  journalRelated NewsJan 16th, 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 cracks whip on bogus Ayala firms

A group posing as part of the Ayala Group and soliciting investments from the public has been ordered to stop its fraudulent operations by the Securities and Exchange Commission......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Squirrel involved in power outage provided shelter and care by More Power

Squirrel involved in power outage provided shelter and care by More Power.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night

‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024