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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: philstar philstarMar 23rd, 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

ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka

Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

PLDT Enterprise launches national campaign to elevate SMEs

PLDT Enterprise launches national campaign to elevate SMEs.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Lapulapu Day marked: Marcos urges Filipinos to resist modern day oppressors

MANILA, Philippines — Filipinos are encouraged to continue to embrace the ideas of Lapulapu and the wealth of the country’s heritage by President Ferdinand “Bongbong” Marcos Jr. in his message during the commemoration of Lapulapu Day on Saturday, April 27. Marcos also urged Filipinos to continue to embrace the wealth of the country’s heritage as.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

‘Kidult’ project teaches young adults to ‘embrace inner child’

‘Kidult’ project teaches young adults to ‘embrace inner child’.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Prime invests in future sustainability leaders with scholarship program

SM Prime Holdings Inc. (SM Prime) has launched a scholarship program in partnership with the University of the Philippines Los Baños (UPLB). Aptly called the “SM Sustainability Scholarship,” the initiative reflects SM Prime's commitment to both educational access and sustainability stewardship......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

Sustainability is good business – Ikea Philippines

Ikano Retail, franchisee of Swedish label Ikea in the Philippines, recently released an overview of its sustainability direction and a report card on its performance toward 2025 sustainability targets – ranging from sustainable product sales in their stores and gender balance in the workplaces to a full accounting of its carbon emissions. .....»»

Category: newsSource:  philstarRelated NewsJan 26th, 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 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

CGBP training program on tax rights, remedies

The Center for Global Best Practices will host a special online training titled “Tax Rights and Remedies for SMEs and Large Taxpayers” on April 18 and 19, from 9 a.m. to 12 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

PCCI: P100 wage hike to hurt SMEs

The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

SEC recognized anew for sustainability, good governance initiatives

The Securities and Exchange Commission (SEC) has been recognized anew for its sustainability and good governance initiatives......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

CEB receives brand new A320neo, promotes sustainability

CEB receives brand new A320neo, promotes sustainability.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

‘SM Green Finds x Zarah Juan’s Tarp Project: Weaving sustainability into the fabric of retail’

In an era where environmental consciousness is not just a trend but a necessary shift toward sustainability, initiatives like SM Green Finds stand out as models for responsible corporate behavior......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

DoubleDragon raises commitment to sustainability

DoubleDragon Corp. has raised the bar on its commitment to sustainability through one of Hotel101’s first overseas projects......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Quest Hotel and Conference Center Cebu highlights sustainability for its guests and the future

With a sustainability initiative dubbed as “Today and Beyond”, Quest Hotel together with its subsidiaries under its management company, Chroma Hospitality Inc., aims to protect the environment to secure a better future for its guests, properties, and communities around them.  Sustainability Efforts General Manager, Mia Singson-Leon explained that they no longer have plastic straws, stirrers,.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

ESIM promotes sustainability

ESIM promotes sustainability.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

BDO funds 28 green projects from P52.7 billion bond proceeds

Around 28 green projects benefitted from the first ASEAN sustainability bond issuance of BDO Unibank Inc. in January 2022, bolstering the bank’s sustainability commitment......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Sustainability in Action: How Watsons Philippines is making a difference

Sustainability in Action: How Watsons Philippines is making a difference.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

Security Bank advances sustainability journey to deliver meaningful stakeholder impact

Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024