Tag: finance

SEC exempts micro enterprises from submitting audited FS

MICRO enterprises are now exempt from the submission of audited financial statements as part of their reportorial requirements, as the Securities and Exchange Commission (SEC) moves to streamline compliance and reduce regulatory burdens for small companies. The Commission on January 20 issued Memorandum Circular No. 4, Series of 2026, providing the Amendments to the Application… Read More SEC exempts micro enterprises from submitting audited FS

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SEC extends registration, filing fee discounts for MSMEs

THE Securities and Exchange Commission (SEC) has extended the discounted rates for certain transactions of micro, small and medium enterprises (MSMEs), giving them more time to register and fund the growth of their businesses at a lower cost. The Commission on January 9 issued SEC Memorandum Circular No. 2, Series of 2026, aimed at Further… Read More SEC extends registration, filing fee discounts for MSMEs

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SEC unveils ‘green equity’ guidelines, the first in Southeast Asia

By Henry Empeño | October 2, 2025 THE Securities and Exchange Commission (SEC) has launched “Green Equity” guidelines for companies in the Philippine stock market that voluntarily choose to align their equity offerings or listings with environmentally sustainable finance goals. The guidelines are contained in SEC Memorandum Circular No. 13, series of 2025, which was… Read More SEC unveils ‘green equity’ guidelines, the first in Southeast Asia

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SEC warns public against unregistered crypto-asset service providers

THE Securities and Exchange Commission (SEC) warned the public against engaging with online platforms that provide crypto-asset services without the necessary license from the Commission. In an advisory, the SEC Enforcement and Investor Protection Department (EIPD) identified platforms operated by unauthorized crypto-asset service providers (CASPs) that remain accessible and have active marketing presence in the… Read More SEC warns public against unregistered crypto-asset service providers

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SMC ranks 9th in 2025 Fortune Southeast Asia 500 list, sole Filipino company in the top ten

SAN Miguel Corporation (SMC) has once again been named the highest-ranking Philippine company in the 2025 Fortune Southeast Asia 500, securing the 9th spot on this prestigious list of the region’s largest companies by revenue. Now in its second year, the list highlights the growing role of Southeast Asia — including Indonesia, Thailand, Malaysia, Singapore,… Read More SMC ranks 9th in 2025 Fortune Southeast Asia 500 list, sole Filipino company in the top ten

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CIAC eyes establishment of pharma logistics hub in Clark

By Marie Joy S. Carbungco | April 10, 2025 CLARK FREEPORT ZONE, Pampanga (PIA) — The Clark International Airport Corporation (CIAC) has signed a Memorandum of Understanding (MOU) with the Philippine Pharma Procurement Inc. (PPPI) for the establishment of a pharmaceutical logistics and distribution hub within the Clark Aviation Capital inside Clark Freeport Zone.  The agreement… Read More CIAC eyes establishment of pharma logistics hub in Clark

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SEC registration hits all-time high in 2024; Central Luzon logs 6,141 new companies

THE Securities and Exchange Commission (SEC) recorded an all-time high in company registration in 2024, driven by its continuous digital transformation efforts that simplify business registration in the Philippines. A total of 52,304 new companies were registered with the SEC in 2024, marking a 6% increase from 49,506 in 2023. This brought the total number… Read More SEC registration hits all-time high in 2024; Central Luzon logs 6,141 new companies

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SEC files criminal complaint against Seataoo

THE Securities and Exchange Commission (SEC) has filed a criminal complaint against New Seataoo Corporation and Seataoo Information Technology, OPC (Seataoo OPC), as well as its officers, for soliciting investments from the public without the necessary license with the Commission. In a complaint filed before the Department of Justice on January 16, the SEC charged New Seataoo, Seataoo… Read More SEC files criminal complaint against Seataoo

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Unemployment, underemployment drops in Nov 2024

THE Marcos administration’s multifaceted approach to strengthen the Philippine labor market paid off as unemployment and underemployment figures dropped in November last year. According to the National Economic Development Authority (NEDA), the labor market continues to be robust as indicated by the improved employment numbers.  “Our labor market remains robust, with consistently high employment rates… Read More Unemployment, underemployment drops in Nov 2024

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