The Securities and Exchange Commission has issued a cease and desist order against EF Easy Franchise Technological Ventures Inc. for illegally soliciting investments from the public without proper authorization. The directive covers the company, its officers and representatives including Jose Anton Ojeda, Charmaine Isabel Lim, Gianpaolo Acosta, Karla Dela Cruz, Angelica Carlos, Rene Ledesma, Jr., Jose P. Magsaysay, Jr., Emerson Tan, Angela Kirsten Villaluz, as well as related entity Sunspark Holdings, Inc., and all parties acting on their behalf.
Philippine gaming firm DigiPlus Interactive Corp. has become the newest member of the Brazilian Institute of Responsible Gaming (IBJR), marking its growing presence in the Brazilian gaming sector. IBJR said that DigiPlus’ membership strengthens the institute’s work and helps build a fully sustainable, responsible betting environment across the country, adding that the move unites more industry players around ethical practices and efforts to curb illegal gambling.
Seventeen young agripreneurs from the Department of Agriculture’s Young Farmers Challenge have finished a five-day agribusiness and technology training program in Singapore.
GT Capital Holdings Inc. has secured its first investment-grade foreign currency issuer rating from the Japan Credit Rating Agency, a milestone expected to broaden the conglomerate's access to Japanese capital and diversify its funding sources.
San Miguel Aerocity Inc. (SMAI), developer of the New Manila International Airport (NMIA), on Thursday confirmed the project incorporates robust, long-term flood mitigation engineering designed to protect both the airport and surrounding towns from Bulacan’s well-documented flooding risks—while clarifying the airport is not the cause of recent floods.
McDonald’s Philippines is expanding its electricity supply partnership with COREnergy to 23 more restaurants in the Visayas and Mindanao, seeking to lower power costs and make a major operating expense more predictable as it grows its nationwide network.
The Bank of the Philippine Islands (BPI) has become the country’s first universal bank to earn both ISO/IEC 27001:2022 (information security) and ISO/IEC 27701:2019 (data privacy) certifications, underscoring its commitment to protecting customer information amid growing digital transactions.
The Department of Finance (DOF) has opened nationwide consultations on the proposed ProGRESS Bill, putting its next tax reform package before businesses, taxpayers, and other stakeholders as the government refines the measure ahead of its legislative push.