Corporate
SEC extends reprieve period for non-compliant entities
The Securities and Exchange Commission (SEC) announced the extension of the Enhanced Compliance Incentive Plan (ECIP) until 31 December presenting lower fines and penalties for corporations that fail to meet their reportorial requirements, including the submission of annual financial statements (AFS), general information sheets (GIS), and contact details.
PLDT faces possible workers’ strike
PLDT Inc., the country’s largest telecommunications group, said Friday that the rank-and-file union of its employees, Manggagawa sa Komunikasyon ng Pilipinas, has submitted the results of their strike vote to the National Conciliation and Mediation Board on 25 November.
Golden MV Holdings rebrands to Villar Land, shifts focus to Villar City development
Golden MV Holdings Inc., the company overseeing the Villar group’s death care and socialized housing business, has announced a corporate rebranding to Villar Land Holdings Corp., effective immediately.
PSE projects P120B capital raising exercises for 2025, despite market uncertainties
The Philippine Stock Exchange (PSE) is forecasting P120 billion in capital-raising activities for 2025, a slight revision from previous estimate of P150 billion but...
Manila Water secures P10B, 10-year loan from China Bank
Manila Water Co. Inc., the water utility controlled by billionaire Enrique Razon Jr., said it signed a P10-billion, 10-year loan facility with China Banking...
