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PSE slaps ₧35 million fine each on Dito Telecom and its underwriter

The Philippine Stock Exchange (PSE) has slapped billionaire Dennis Uy’s DITO CME Holdings and China Bank Capital Corp. with the maximum penalty allowed under its charter for canceling DITO’s P8 billion stock rights offering (SRO) in January. DITO CME is the holding company of Dito Telecommunity, which is a joint venture… ....

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DOJ asks BuCor to submit prison records of Palparan

Bureau of Corrections
The Department of Justice (DOJ) has asked the Bureau of Corrections (BuCor) to submit the prison records of retired Army Maj. Gen. Jovito S. Palparan Jr.
Justice Undersecretary Deo L. Marco, who has supervision over the BuCor, said on Tuesday, April 26, that this was sought b ....

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German biz group hears investor gains in new laws

AMENDMENTS to economic reform laws, especially the liberalization measures, will benefit investors in the Philippines, and a trade official detailed them at a forum hosted by the German-Philippine Chamber of Commerce and Industry (GPCCI) on Tuesday. Atty. Ryan Romero Perez, Legal Compliance Department of Trade and Industry’s Board of Investments… ....

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Stock Commentary: DITO CME disciplined by the PSE for its failure to complete SRO

While I’m glad the PSE has finally taken action against DITO for what it did, I’m frustrated that the PSE was not more transparent about the sanctions themselves. ....

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SC affirms SSS coverage of officers, ministers of religious groups in PH

Supreme Court (SC)

Religious groups or organizations cannot invoke the constitutionally-mandated separation of Church and State or a person’s freedom of religion to exclude their officers or ministers from the coverage of the Social Security System (SSS) provided an employer-employee relationshi ....

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