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The Securities and Exchange Commission (SEC) has suspended 117,885 corporations, which failed to comply with the reportorial requirements of the agency. The SEC said most of the companies did not submit their annual reports for more than five years. This is not the first time that the agency conducted a…
MEMBERS of the House Committee on Ways and Means have proposed to the Department of Trade and Industry (DTI) and the Bureau of Internal Revenue (BIR) the revocation of the business permit and manufacturing license of a well-known vape brand, along with legal action for tax code violations, as estimated…
The Securities and Exchange Commission, or SEC, has suspended the registration of close to 118,000 corporations for failing to comply with reportorial requireme
THE Philippine Sports Commission (PSC) renewed its partnership with the Philippine Dispute Resolution Center Inc. (PDRCI) to strengthen the sports agency’s pursuit of fair and efficient sports arbitration in the country. PSC chairman Richard Bachmann and PDRCI Acting President Atty. Rogelio Nicandro signed the memorandum of agreement (MOA) on Thursday…
IN two months, the case for the high-flying speculative mining stock, Abra Mining & Industrial Corporation (AR), will be celebrating its third year in hibernation with investors stuck with frozen funds, PSE President Ramon Monzon still mum on his “white knight” idea, and the PSE board eerily quiet on the…