The proposed separation of PAGCOR’s regulatory and casino-operating functions is nearing a key government decision, with Chairman and chief executive officer Alejandro H. Tengco pushing for the state gaming agency to focus solely on regulation.
The Development Budget Coordination Committee (DBCC) is finalizing its recommendation on possible fuel excise tax relief as elevated global oil prices continue to push up domestic pump prices, Malacañang said Thursday.
Ayala Land Inc.’s 290-hectare Cresendo estate in Tarlac is moving closer to becoming a full-scale industrial and urban center, with most industrial lots leased and major road, school, and commercial projects advancing alongside factory development.
The Securities and Exchange Commission (SEC) has issued revised guidelines governing mandatory corporate governance training for directors and key officers, aiming to align local practices with international standards and strengthen market trust. This new memorandum circular repeals two older issuances—MC No. 11 (Series of 2012) and MC No. 2 (Series of 2015)—replacing them with streamlined rules that apply to all publicly listed firms, public companies, registered issuers, and accredited training providers.
The Department of Energy (DOE) has terminated the bidding process for pre-determined coal resource blocks under the 2026 Philippine Conventional Energy Contracting Program (PCECP), to make way for a stronger, fairer evaluation system aligned with national interests.
Richli Water Inc. (RWI), a local water distribution utility, has completed construction of the Bugwak Sevilla Water Treatment Plant in Bohol—a key infrastructure project set to boost the province’s water security and cut reliance on groundwater sources.
The Philippines’ national women’s football team blanked Hong Kong, 2-0, on a cool Thursday night at Gifu Nagaragawa Stadium in Japan, moving closer to the Asian Games quarterfinals with a performance built on efficiency rather than territorial dominance.
Former Philippine Stock Exchange chair Ma. Vivian Yuchengco is urging the Securities and Exchange Commission (SEC) to withdraw a circular that sets term limits for the bourse’s broker-directors, stating the move weakens fundamental corporate governance principles and shareholder rights. In her statement, Yuchengco emphasized that good governance depends on directors earning and retaining shareholders’ trust, while regulators must respect that electoral choice. She noted that repeated re-election should not be dismissed by the SEC, but rather reinforces the commission’s duty to clearly justify why such a choice should be overridden. Along with fellow director Eddie Gobing, Yuchengco has also filed a petition with the Court of Appeals to have the rule declared unconstitutional; both bring extensive board experience, with Yuchengco having served 28 years and Gobing 25 years.