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PAGCOR decoupling nears decision as Tengco backs regulator-only role

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.

DBCC nears fuel tax recommendation as oil stays high

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.

Cresendo draws factories, infrastructure to Tarlac growth hub

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.

Gilas wins big, Alas bows out fighting

Kazakhstan gave Philippine basketball and volleyball teams two very different reasons to remember Thursday.

SEC overhauls corporate governance training rules for listed entities

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.

Just in

DOE halts bidding of key coal areas; new regulatory framework planned

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 completes water treatment plant in Bohol

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.

Filipinas blank Hong Kong, boost Asian Games QF bid

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.

Yuchengco seeks SEC withdrawal of broker-director term limit rule; challenges mandate in court 

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.
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