Corporate
SEC warns against investing on Trade City-Mall
The Securities and Exchange Commission has warned against investing in Trade City-Mall which uses an online platform in a purported job offer but operates more like a Ponzi scheme.
Panlilio steps down as president and CEO at PLDT Inc.
PLDT Inc. on Tuesday announced the retirement of its president and chief executive effective 31 December this year due to health reasons.
Manila Water subsidiary terminates supply contract with Cebu water district
Manila Water Co. Inc. said on Monday that its subsidiary, Cebu Manila Water Development Inc. (CMWD), has terminated its bulk water supply contract with Metro Cebu Water District (MCWD) beginning 1 December this year.
Spotify to cut 1,500 employees in third layoff round this year
Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17 percent of its headcount, to bring down costs, after letting 600 of its staff go in January, and 200 more in June.
SEC warns against investing in Kito-Kiko Inc.
The Securities and Exchange Commission (SEC) on Monday made it known that online platform Kito-Kiko Variety Shop/Kito-Kiko Inc. runs an illegal investment-taking operation.
