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.
The Bangko Sentral ng Pilipinas (BSP) has introduced a new set of voluntary governance principles to guide BSP-supervised financial institutions (BSFIs) in safely adopting artificial intelligence. Issued in June under Memorandum No. M-2026-031, the framework helps institutions innovate and improve customer service while protecting consumers, managing risks, and maintaining trust in the financial system.
The various banks accelerated their lending activity in August, driven by a steady demand for credit from key business sectors. Big banks expanded their loan portfolios by 11 percent year-on-year, picking up speed from the 10.4 percent growth recorded in July.