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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-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

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

CDC, Landbank offer online payment option for Clark firms

CDC, Landbank offer online payment option for Clark firms.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

DOH warns health workers vs gifts from pharma firms

The DOH on Monday issued a memorandum on upholding ethical standards following reports of pharmaceutical firms offering privileges to medical professionals and using multi-level marketing tactics to promote prescriptions. .....»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

DOH warns public vs heat stroke amid high heat index

DOH warns public vs heat stroke amid high heat index.....»»

Category: newsSource:  sunstarRelated NewsMay 5th, 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

UP Diliman warns of unofficial ads about online courses

The University of the Philippines Diliman on Wednesday warned the public against the spread of advertisements claiming to offer online courses in the university's name......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies

In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 12th, 2024

A Quick Guide to Online Gambling and Financial Responsibility

With the rise of PAGCOR accredited online gambling platforms, many individuals are drawn to the allure of quick wins and entertainment. However, the world of online gambling will require extreme caution and financial responsibility to avoid potential pitfalls and safeguard one’s financial well-being. Understanding the Risks Online gambling can be enticing, but it comes with […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Jolibet Online Gaming celebrates third year anniversary, introduces a new online gaming experience to Filipinos

Jolibet Online Gaming celebrates third year anniversary, introduces a new online gaming experience to Filipinos.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 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

Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty

The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

SEC launches online portal for corporate amendments

The Securities and Exchange Commission is making it easier for corporations to file amendments to their articles of incorporation or by-laws through a newly launched online portal......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

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:  philstarRelated NewsFeb 24th, 2024

Philippine IP body warns of revenue loss due to online piracy

The Intellectual Property Office of the Philippines (IPOPHL) on Tuesday said online piracy has been causing revenue losses for the country, and that it would cost more if it remains unaddressed......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

DIA taxi crackdown yields 32 apprehensions

An official from the Land Transportation Franchising and Regulatory Board-Davao Region (LTFRB-Davao) reported approximately 32 apprehensions, including one case involving a taxi driver soliciting passengers inside Francisco Bangoy International Airport, also known as Davao International Airport (DIA)......»»

Category: newsSource:  sunstarRelated NewsMay 9th, 2024

New payment mechanism for power ancillary services ready

The Department of Energy is soliciting stakeholders’ comments for its plan to adopt the so-called Causer Pays Mechanism......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Summit deals won’t affect China investments – Marcos

The expected influx of investments from the US and Japan that stemmed from the historic trilateral summit won’t affect China’s investments in the Philippines, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024