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The Securities and Exchange Commission (SEC) has warned the public against investing in online platform Kito-Kiko Variety Shop/ Kito-Kiko Incorp., as it is engaged in illegal investment-taking activities. Based on reports that it gathered, SEC said the company, owned by Rexcel Rose Cernero Sison, claims to be a general merchandise…

JAPANESE gaming tycoon Kazuo Okada has lost control over the country’s largest  hotel-casino, the Okada Manila Resort in Parañaque, after the Supreme lifted the status quo ante order (SQAO)  it issued in April 2022 which he used as basis to  regain ownership of  Tiger Resort Leisure and Entertainment Inc. (TRLEI),…

JAPANESE gaming tycoon Kazuo Okada has lost control over the country’s largest hotel-casino, the Okada Manila Resort in Parañaque, after the Supreme lifted the status quo ante order (SQAO)  it issued in April 2022 which he used as basis for regaining ownership of  Tiger Resort Leisure and Entertainment, Inc. (TRLEI), the company…

The Securities and Exchange Commission (SEC) has again extended the deadline for the filing of amnesty applications until the end of 2023, giving non-compliant and suspended or revoked corporations another chance to avail of lower fines and penalties. The agency on November 3 issued SEC Memorandum Circular No. 20, Series…

THE Securities and Exchange Commission (SEC) said on Tuesday that noncompliant and inactive corporations are at risk of being placed under delinquent status and having their registrations revoked.

The Securities and Exchange Commission (SEC) has released the guidelines for the placement of non-compliant corporations under delinquent status, and the revocation of the certificates of registration of inactive corporations. In its SEC Memorandum Circular No. 19, Series of 2023, it provided the guidelines on the declaration of delinquent status and revocation of certificate of

Online lending apps trap borrowers in a cycle of debt. Victims have formed a support group to combat abusive debt collection tactics.

BDO Unibank Inc. (BDO) reported Wednesday that its net income for the nine months to September surged by 35 percent to P53.9 billion from P40 billion a year earlier, anchored on broad-based growth across its core businesses.

FORMER Senator Franklin M. Drilon has been elected as independent director of lender BDO Unibank Inc. Drilon is currently a director of Phinma Education Holdings Inc. and a senior counsel of ACCRA Law. The former senator also served as chairman of Philippine National Bank and as a director of Land Bank of the Philippines. “He

ON Oct. 9, 2023, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) 18, Series of 2023, or the guidelines on the submission of digital copies of applications, compliance documents and other requests, and the reduction of hard copies to be filed with the commission.