Business

A number of business aggrupations has urged members of Congress and the national government to shift the budget for the proposed constitutional convention (con-con) to priority projects and measures that will better address the challenges confronting the country. In a joint statement, the Filipina CEO Circle, the Financial Executive Institute of the Philippines, Justice Reform Initiative, Makati Business Club, Philippine Women’s Economic Network,…

Disdained by most people, inflation also helps promote certain benefits like increasing remittances by overseas Filipino workers to their families back home.

A lawmaker on has underscored the need to pass a legal framework for collective investment schemes (CIS) to make it easier and cheaper for working Filipinos to invest in legitimate securities. At the recent House Committee on Economic Affairs hearing, Albay Rep. Joey Salceda said investors need to shell out significant amounts of cash to make investments in “clunky”…

The Securities and Exchange Commission (SEC) has opted to grant corporations and other regulated business entities an amnesty on the late and non-filing of certain reportorial requirements. On March 15 SEC issued its Memorandum Circular No. 2, Series of 2023, or the Grant of Amnesty for Non-filing and Late Filing of the General Information Sheet…