The Securities and Exchange Commission (SEC) has made it more compelling for corporations to heed its admonitions by raising its penalty schedule for corporate infractions a hefty 900 percent.
President Ferdinand Marcos Jr.’s imposition of a cap in the retail price of rice rolled back cost of the grain in Vietnam, posting their biggest price declines last week since the increases following the decision of India to ban export of certain rice varieties in July.
The National Telecommunications Commission (NTC) is planning to remove the spectrum users fee (SUF) for telecom companies deploying free wifi services in public places.
Globe Telecom Inc. projects a significant rise in non-telco revenue over the next two or three years in keeping with its strategic shift from a traditional telco to a techco with a menu of digital solutions on offer.
State pension fund Government Service Insurance System (GSIS) has unveiled a multi-purpose loan flex program (MPL Flex) for public school teachers and other GSIS members in celebration of the National Teachers' Month.
BDO Insure has launched the nation’s first dedicated Racket Sports Insurance, an affordable plan starting at just ₱1,199 per year designed specifically for enthusiasts of all skill levels.
University of Perpetual Help Medical Center–Las Piñas (PHMC-LP) founder and chief executive Antonio Laperal Tamayo has received Hospital Management Asia’s CEO of the Year Excellence Award, as the medical center marks its 50th anniversary.
The Philippines is spearheading an initiative to establish a unified tourism intelligence platform within the Association of Southeast Asian Nations (ASEAN) that would give member states access to timely data, market forecasts and analytics to strengthen planning, marketing and crisis response.
The National Telecommunications Commission (NTC) is standing by its authority to penalize telecommunications companies for failing to meet mobile broadband standards, while saying operators will have an opportunity to challenge the regulator’s findings before enforcement cases are resolved.