Court upholds CDO vs 1UP Time for unauthorized investment solicitation
The Court of Appeals has upheld the Securities and Exchange Commission (SEC) cease-and-desist order (CDO) against Superbreakthrough Enterprises Corp., operating as 1UP Time, for illegally soliciting investments from the public. In a ruling on 11 February 2025, the Fifth Division of the appellate court rejected the company’s petition and confirmed the SEC’s decision making the CDO permanent.
NLEX rolls out key infrastructure upgrades for motorists’ safety and convenience
NLEX Corporation has launched a series of improvement projects aimed at maintaining the integrity and safety of its expressway network.
Meralco increases March electricity rates by P0.26 per kWh
The Manila Electric Company (Meralco) announced Tuesday a P0.2639 per kWh increase in electricity rates for March, raising the overall rate for typical households to P12.2901 per kWh from P12.0262 per kWh in February.
SM Foundation continues commitment to disaster relief and community development
The SM Group’s corporate social responsibility (CSR) arm, SM Foundation, has reaffirmed its commitment to responsible and inclusive growth by providing swift assistance to underserved communities in times of need. With a focus on disaster relief and community development, SM Foundation has distributed nearly one million Kalinga Packs and conducted over 780 relief missions to date.
NTC reviews SIM Registration Act amid rising text scams
The National Telecommunications Commission (NTC) is reviewing the SIM Registration Act (RA 11934) to address the growing concern of text scams linked to SIM card fraud.
