Markets
BPI fined P134.6M for stock registration infraction
The Securities and Exchange Commission on Monday fined the Bank of the Philippine Islands for failing to secure regulatory confirmation that its seven-year stock option and purchase plan for executives are exempt from registration.
UnionBank declares cash dividend worth P4.28B; record date Feb 15
Union Bank of the Philippines said Wednesday its board approved a cash dividend of P2 a share, or a total P4.28 billion.
BIR strengthens cooperation with JICA
Bureau of Internal Revenue (BIR) chief Romeo D. Lumagui Jr. met with Japan International Cooperation Agency (JICA) chief representative Sakamoto Takema and other agency officials where JICA proposed the institutionalization of an intensive transfer pricing team in the BIR.
SME-focused crowdfunding platform lines up post pandemic recovery programs
Investree Philippines, the first crowdfunding intermediary and funding platform licensed by the Securities and Exchange Commission SEC), maintains a positive outlook on financing this year amid predicted global financial crisis. The platform is launching initiatives to accelerate post-pandemic recovery through accessible and inclusive financing.
Stockbroker survey shows high PSEi towards yearend
Stockbroker COL Financial Group Inc. projects trades shown as the main index at the Philippine Stock Exchange, or PSEi, to hit between 7,500 to 8,250 towards yearend or by early next year as the economy continues to grow.
