SEC issues new rules on beneficial ownership
The Securities and Exchange Commission (SEC) has released new rules to improve how companies report their beneficial owners, aiming to prevent the misuse of corporations for illegal activities.
Central bank cautions public on BSP-linked scams
The Bangko Sentral ng Pilipinas has warned the public to stay alert against fraudulent schemes that misuse the BSP’s name, logo, and even the names and signatures of its officials.
A. Brown cleans house, refocuses core bets
A. Brown Co. Inc. is cleaning up its portfolio, with its board approving one-time, non-cash impairment provisions on non-core investments and assets as the investment holding firm sharpens its focus on profitable core businesses.
Foundever Philippines brings solar power to Aeta school in Zambales
Foundever® in the Philippines donated solar panels and essential supplies to Judd Hendricks Memorial Aeta Integrated School in Zambales, supporting education and sustainability in an indigenous community.
ACEN secures up to P15 billion credit line from Metrobank
ACEN Corp., the power generation arm of the Ayala Group, has secured loan agreements with Metropolitan Bank & Trust Co. for an omnibus credit line of up to P15 billion.
