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THE Securities and Exchange Commission on Monday said it is “closely monitoring” issues that have arisen from the recent disclosures of PLDT Inc. regarding what the company described as “budget overruns” totaling P48 billion over the last four years. “In this light, the SEC has immediately commenced an inquiry into the…
Transparency isn't a mere afterthought in the proposed Philippine sovereign wealth fund, dubbed the Maharlika Investment Fund (MIF). (MANILA BULLETIN) House Speaker Martin Romualdez gave this assurance to Filipinos Sunday, Dec. 18, or just three days removed from the MIF Bill's pas
The public will be able to access and secure documents of the proposed Maharlika Investment Fund (MIF) and Maharlika Investment Corp. (MIC), including investment plans and audit documents, based on the current version of the legislative measure. House Speaker Martin G. Romualdez said the version of House Bill (HB) 6608…
Despite being in the legislative mill in the House of Representatives for a total of just 18 calendar days, the proposed Maharlika Investment Fund (MIF) underwent a lot of revisions and fine-tuning. Albay 2nd district Rep. Joey Salceda In fact, the measure, embodied in House Bill (HB) N
The Securities and Exchange Commission (SEC) has announced the deadlines for the submission of the annual financial statements (AFS) and general information sheets (GIS) of corporations in 2023. All stock and nonstock corporations are required to submit their annual reports online through the SEC