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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......»»
8 more firms flagged for Ponzi-like schemes
For operating like Ponzi schemes, eight more entities were flagged yesterday by the Securities and Exchange Commission , as the state regulatory body advised the public against dealing with them, especially giving in to their solicitations for investments......»»
La Union set to host int’l surfing competition for the 2nd time
La Union, dreaming to further prop up its name as the “Surfing Capital of the North” and seeking to mark a dent in the global surfing stage, is hosting the World Surfing League La Union International Pro at the Urbiztondo Beach in San Juan for the second time......»»
Roxas and Co went near-ceiling on solar farm speculation
Roxas and Company saw its shares shoot up 49% in yesterday’s trading session, prompting an inquiry from the Capital Markets Integrity Corp. (the market watchdog) for an explanation......»»
Share prices slip on profit-taking
The stock market slipped yesterday after rising for three consecutive days as investors cashed in on their profits on the last trading day of the week......»»
TURNING POINT: The Rabid Clash of Titans
NAAWAN, Misamis Oriental (MindaNews / 31 January) – Their alliance in shambles, the incumbent and the former president of our blighted land, started trading barbs, calling each other a drug addict. Sebastian Duterte, the mayor of Davao City, came to his father’s aid demanding Marcos Jr’s resignation for incompetence. Indeed, the country’s politics has gone […].....»»
SP New Energy suspended again for public float violation
SP New Energy was suspended at the close of trading on Friday by the PSE after a block sale pushed SPNEC’s public float down to 19.57%, below the PSE’s minimum public float requirement of 20%......»»
T-bills, T-bonds rates up after inflation uptick
Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»
T-bill rates ease ahead of Fed meet
Rates for the government’s short-term securities eased for the second straight week ahead of the monetary policy decision of the US Federal Reserve......»»
SEC strengthens push for sustainable finance
The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»
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......»»
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......»»
Adrian Lindayag opens up on HIV-positive diagnosis ahead of theater return
Actor Adrian Lindayag bared how testing positive for HIV set him on a path of bravery and fighting the stigma against the disease ahead of his return to the stage......»»
First-ever All-Women Sports Awards slated March 20
The stage is set for the holding of the inaugural All-Women Sports Awards on March 20 at the Rizal Memorial Coliseum......»»
Marcos Jr. lauds DepEd, cites gains under Sara
Despite having the “most difficult mandate,” the Department of Education has been able to set the stage for a “modern and responsive” educational system under its current leadership, President Marcos said yesterday......»»
Former champs, rising aces rumble in TCC Invitational
The set is stage for a compelling clash of will and character as The Country Club Invitational reels off today, where former champions, emerging stars and the Top 30 players from last year’s Philippine Golf Tour Order of Merit battle in a survival of the fittest at the TCC course here......»»
Cream of Philippine golf crop collide as TCC Invitational begins
The set is stage for a compelling clash of will and character as The Country Club Invitational reels off Tuesday, where former champions, emerging stars and the Top 30 players from last year’s Philippine Golf Tour Order of Merit battle in a survival of the fittest......»»
TNT ousts Phoenix to complete quarterfinals cast
The stage is set for the PBA Commissioner's Cup quarterfinals after the TNT Tropang Giga annihilated the Phoenix Fuel Masters, 116-96, at the Philsports Arena in Pasig City Sunday......»»
Team Secret, FAV Gaming collide in Predator League Valorant finals
The stage is set for the Asia Pacific Predator League Valorant finals......»»
India to deliver first set of BrahMos missiles to Philippines tomorrow
New Delhi [India], April 18 (ANI): India is set to deliver the first set of BrahMos supersonic cruise missiles to the Philippines as part of the USD 375 million deal between the two sides signed in 2022. The Indian Air Force is sending its American origin C-17 Globemaster transport aircraft with the missiles to Philippines to deliver the weapon system to the Philippines Marine Corps, defence sources said. The transportati.....»»