Tag: Ponzi scheme

The Philippine government has secured USD1.5 billion in emergency financing from the Asian Development Bank (ADB) to help cushion households, commuters and businesses against rising fuel prices and economic disruptions stemming from the Middle East conflict.

In a striking display of personal camaraderie amid high-stakes regulatory friction, former Stock Exchange chairman Ma. Vivian Yuchengco and Securities and Exchange Commission chairman Francis E. Lim maintained a friendly demeanor during the recent listing of Mynt Inc. in Taguig, despite an ongoing legal battle between them. The interaction underscored a complex dynamic where personal relationships persist even as fundamental corporate and stock market regulations are tested in court.

The Philippines has retained its Tier 1 classification in the US’ 2026 Trafficking in Persons (TIP) Report for the 11th consecutive year, with authorities citing continued efforts to strengthen law enforcement, victim protection and prosecution.

Visionary Grand Corp., the company behind PUREAL Philippines, is looking to expand the local market for modern drinking-water purification systems by introducing South Korean filtration technology to Filipino households and businesses.