Corporate

The Securities and Exchange Commission is bringing all existing rules for foundations together into one complete set of guidelines, designed to make compliance simpler and strengthen supervision across the sector. Issued as a draft memorandum circular, this omnibus framework addresses longstanding challenges where requirements were scattered across separate laws, orders, and agency issuances, making them hard to track and follow. The new unified set will serve as one up-to-date reference covering everything from organization setup to regular reporting and ongoing compliance, including all necessary forms, templates, instructions, and procedures.

Century Properties Group Inc. (CPGI) is consolidating its first-home housing business under its listed parent company after securing regulatory approval to absorb PHirst Park Homes Inc., a move aimed at simplifying operations and tightening capital allocation.

Shareholders of ABS-CBN Corp. on Wednesday gave the green light to a P6-billion new investment infusion, alongside the issuance of additional shares first announced in August.

EastWest has expanded its EasyMobility for Community Program, turning over vehicles to Our Lady of Guadalupe Minor Seminary and Jubilee Christian Academy to help both institutions reach more people and extend their vital work. This latest milestone follows earlier donations to groups in Cebu, Negros Occidental, and Davao.

ACEN Corp.’s renewable energy business is expanding its presence in India, with its subsidiary Unlimited Renewables Holdings B.V. (URH) signing agreements that could bring a new strategic investor into a solar project in Rajasthan.