Tag: Securities and Exchange Commission

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Money-making fraudsters make it to SEC notorious list

Corporate Context.ph Context.ph -
In a series of public advisories, the SEC warned against investing in Flipkart Platform, PPG Investment Group/Conamor Shop, Livewell Multiventures, Blackrock and Perfx Solutions Corp. and Trading Basket and Trading Philippines. 

Income-while-playing-games and other fraudsters attract regulators

Corporate Context.ph Context.ph -
The Securities and Exchange Commission has let out a warning against three entities allegedly engaged in unauthorized solicitation of investments without the necessary license. In...

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FedEx breaks ground on major Clark expansion

Transport & Logistics 0
Federal Express Corp. (FedEx) has broken ground on the expansion of its Clark gateway facility, doubling down on the Philippines as a key logistics and trans-shipment hub in Asia amid booming cross-border trade and e-commerce demand. 

US backs Clark Zone for secure supply chains

Trade & Investments 0
US Under Secretary for Economic Affairs Jacob Helberg underscored the growing global push for secure and reliable supply chains during a May 18 visit to the site of the Philippines’ planned Economic Security Zone in New Clark City.

DOJ cracks down on procurement bid-rigging schemes 

Trade & Investments 0
The Department of Justice–Office for Competition (DOJ-OFC) intensified its push for transparency and accountability in government procurement, convening a two-day online workshop to help government personnel and procurement practitioners detect bid rigging and other anti-competitive practices.

AboitizPower, MOELCI-I sign emergency power deal for Misamis Occidental

Energy & Mining 0
Therma South, Inc. (TSI), a subsidiary of Aboitiz Power Corporation, has signed a two-megawatt Emergency Power Supply Agreement (EPSA) with Misamis Occidental I Electric Cooperative, Inc. (MOELCI-I) to help ensure stable electricity supply in Oroquieta City and seven municipalities in the province.

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