Tag: SEC

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Broker board term limits gain strong backing

Markets Context.ph Context.ph -
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 secures P7B bond approval, projects boosted

Banking & Insurance Context.ph Context.ph -
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.

SEC rewriting IPO public float playbook

Markets Context.ph Context.ph -
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 to appeal SEC ruling, fines

Corporate Context.ph Context.ph -
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.

Villar Land urges respect for due process amid SEC raps

Corporate Context.ph Context.ph -
Villar Land Holdings Group, under fire from the Securities and Exchange Commission (SEC) over alleged stock price manipulation, said it has yet to receive a copy of the criminal complaint filed with the Department of Justice and cannot comment further until it does.
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DA lifts FMD-related meat import ban on Hungary

Agriculture 0
The Department of Agriculture has lifted a temporary ban on imports of foot and mouth disease-susceptible animals and their products from Hungary, following approval through Department Circular No. 34 signed on July 8.

ERC vows action on billing complaints amid growing consumer outcry

Energy & Mining 0
The Energy Regulatory Commission (ERC) said it is working to better address public worries over electricity costs and concerns about inaccurate monthly bills, amid widespread complaints from consumers.

American marine biologist killed in Negros Oriental

Context Dispatch 0
American marine biologist Kent Edward Carpenter was shot dead during a robbery at his home in Sibulan, Negros Oriental, police said. Three masked men allegedly broke into the 73-year-old's residence late Sunday, with one suspect fatally shooting Carpenter while the others assaulted his Filipina companion and stole valuables. No arrests have been made. Authorities have formed a special investigation task group and are pursuing robbery, professional and personal motives. Carpenter was a renowned marine biologist and an expert witness in the Philippines' South China Sea arbitration case. This is the 10th anniversary of the WPS ruling. (Marjohara Tucay)

Philippines powers ahead as AI adoption accelerates

Communications & Technology 0
The Philippines is quickly carving out a place as one of Southeast Asia's most enthusiastic adopters of artificial intelligence, with Filipinos increasingly using Google's Gemini for work, creativity and customer service rather than just casual online queries.

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