The Securities and Exchange Commission (SEC) is preparing to expand sustainability disclosure requirements beyond publicly listed firms, signaling a broader push to embed environmental, social and governance (ESG) accountability across corporations vested with public interest.
Leading Philippine business groups have thrown their weight behind the Securities and Exchange Commission (SEC) proposal to impose term limits on broker directors of securities exchanges, calling it a timely governance reform aimed at bolstering investor confidence and market integrity.
Rockwell Land Corp., the listed property development arm of the Lopez Group, has secured the green light from the Securities and Exchange Commission for a P7-billion fixed-rate bond offering, with an oversubscription option of up to P3 billion to meet strong investor demand.
The Securities and Exchange Commission is redrawing the rulebook for companies eyeing a stock market debut, proposing a tiered minimum public ownership (MPO) framework that could make it easier—especially for large firms—to list on the Philippine Stock Exchange.
NOW Corp., a listed company with interests spanning telecommunications, media, and technology, said it will elevate its case to the Court of Appeals after the Securities and Exchange Commission En Banc upheld a finding that the firm disclosed misleading information to the public.
The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.
The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.
Vietnamese electric vehicle maker VinFast is accelerating its push into the Philippine market by rolling out 21 motorcycle showrooms alongside a nationwide battery-swapping network, betting that convenience, rather than vehicle technology alone, will determine how quickly Filipinos embrace electric two-wheelers.