SEC extends reprieve period for non-compliant entities
The Securities and Exchange Commission (SEC) announced the extension of the Enhanced Compliance Incentive Plan (ECIP) until 31 December presenting lower fines and penalties for corporations that fail to meet their reportorial requirements, including the submission of annual financial statements (AFS), general information sheets (GIS), and contact details.
Boosting digital agriculture in the Philippines: Public-Private Partnerships key to bridging the gap
Strengthening government-led initiatives and fostering public-private partnerships could accelerate the adoption of digital agriculture technologies, crucial for modernizing farm production and narrowing the digital divide in the agri-food sector, according to a new report by the Philippine Institute for Development Studies (PIDS).
Security Bank to boost consumer finance portfolio with Home Credit acquisition
Security Bank Corp. has announced an agreement to acquire a 25 percent stake in Home Credit Philippines (HCPH), a leading consumer financing company in the country, from MUFG Bank Ltd. for approximately P11 billion.
Solar-powered connectivity to transform Turtle Islands
Globe is set to establish the Philippines' first off-grid solar-powered cell site on Taganak Island in the Turtle Islands, a heritage-protected wildlife sanctuary in Tawi-Tawi.
Rice waste reduction program saves P3.6B – study
The Philippines has saved an estimated P3.6 billion worth of uncooked rice due to a significant reduction in rice wastage, according to the Department of Science and Technology-Food and Nutrition Research Institute (DOST-FNRI).
