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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

MTRCB muling ibinasura ang Motions for Reconsideration ng SMNI

MULING ibinasura ng Movie and Television Review and Classification Board (MTRCB) ang hiling na Motions for Reconsideration ng SMNI. Ipinagdiinan ng nasabing ahensya ng gobyerno ang desisyon nitong suspendihin ang mga palabas sa telebisyon ng SMNI na “Gikan sa Masa, Para sa Masa” at “Laban Kasama ang Bayan.” Ang unang pasya ng MTRCB na suspendihin.....»»

Category: newsSource:  inquirerRelated 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 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

Murcia private cemetery warns public vs spurious transactions

Murcia private cemetery warns public vs spurious transactions.....»»

Category: newsSource:  sunstarRelated NewsJan 28th, 2024

DTI NegOcc warns public of unregistered lending firm

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

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

MerryMart marks 200th sari-sari store transformation

Tycoon Edgar “Injap” Sia II’s MerryMart has successfully transformed 200 sari-sari or neighborhood retail stores in the country into a mini-mart......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

QC prosecutor’s office junks ‘grave threats’ rap vs Duterte

The Quezon City Prosecutor’s Office has dismissed the grave threats case filed by ACT Teachers Rep. France Castro against former President Rodrigo Duterte, saying there was insufficient evidence to prove his intent to harm her. Castro accused Duterte of threatening to kill her based on statements he made during two episodes of his show “Gikan sa Masa,.....»»

Category: newsSource:  inquirerRelated NewsJan 13th, 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

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......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

FDA warns public vs fake Valium

The Food and Drug Administration has warned the public against counterfeit Valium being sold in the market......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Mga bagong opisyal ng SPEEd nanumpa kay Mayor Joy Belmonte

PORMAL nang nanumpa sa kanilang tungkulin ang mga bagong-halal na opisyal at miyembro ng Society of Philippine Entertainment Editors (SPEEd) kahapon, Marso 21. Ito’y pinangunahan ng bagong Pangulo ng grupo na si Salve Asis, entertainment editor ng Pilipino Star Ngayon at Pang Masa. Nagsilbing inducting officer sa oath-taking ceremony ng SPEEd si Quezon City Mayor.....»»

Category: newsSource:  inquirerRelated NewsMar 22nd, 2024

‘Government broadband program key to digital push’

An international think tank has lauded the administration’s Broadband ng Masa Program, saying it is a critical component of efforts toward digital transformation and inclusivity, but warned there needs to be a greater push for improvement......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Makati slams Taguig’s closure of sports facility

The city government of Makati City yesterday criticized Taguig’s “sudden” closure of the Makati Aqua Sports Arena (MASA), which left 4,400 students affected......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

UFO? Jesus warns: “the Devil will soar through the heights, causing astonishment”

UFO? Jesus warns: “the Devil will soar through the heights, causing astonishment”.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 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

LWUA warns of legal action vs. defiant MCWD board

LWUA warns of legal action vs. defiant MCWD board.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

OWWA warns OFWs vs fake FB accounts

OWWA warns OFWs vs fake FB accounts.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024