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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DA backs extending P50/Kilo price cap on imported rice

Agriculture 0
The Department of Agriculture (DA) pushing the extension of the government’s P50-per-kilo maximum suggested retail price (MSRP) for 5 percent broken imported rice beyond its June 30 expiry, a move meant to keep the country’s staple food affordable amid lingering food inflation concern.

ACEN invests P1.15B in subsidiary for renewable energy projects

Energy & Mining 0
ACEN Corp., the energy arm of the Ayala Group, has signed a subscription agreement worth P1.15 billion with fully owned subsidiary Giga Ace 8 Inc. The investment covers common and preferred shares issued from Giga Ace 8’s unissued capital stock.

Strait of Hormuz blockade rings alarm bells for economy

Economy 0
Energy and agriculture leaders warn of significant risks to fuel supply, prices, and food security after Iran announced it is closing the Strait of Hormuz, and threatening to fire on any vessel attempting to transit. This development follows reported attacks by the United States against Iran, according to a Reuters report.

Philippines, Sweden forge new growth partnerships

Trade & Investments 0
The Philippines and Sweden are exploring deeper economic cooperation...

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