DoJ files criminal case vs Kapa leaders for illegal securities sale
THE Securities and Exchange Commission (SEC) said criminal charges had been filed against Kapa-Community Ministry International (KAPA) and its officers for the illegal sale of securities.
Hollywood fears 2020 drop, with no Avengers Endgame or Frozen ahead
MOVIE TICKET sales are expected to fall again in 2020 without the full force of the Avengers to save them.
SEC warns against investing in Inochi rewards scheme
By Jenina P. Ibañez
THE Securities and Exchange Commission (SEC) is warning the public against investing in a rewards program called Inochi/Inochi Rewards, which it...
SM Prime seeks to raise P100 billion from fixed rate bond offering
SM Prime Holdings, Inc. has applied for the shelf registration of P100-billion debt securities with the Securities and Exchange Commission (SEC).
PSBank starts offer of three-year bonds
PHILIPPINE SAVINGS Bank (PSBank) is looking to raise P3 billion via peso-denominated fixed-rate bonds to diversify its funding sources.
Shippers on call to help evacuate workers from Middle East
THE Maritime Industry Authority (MARINA) is ordering shipping companies with Philippine-flagged ships to prepare to assist in the repatriation of Filipino workers from the Middle East if the need arises.
Bank of Thailand looking to ease capital outflow rules to curb baht
THAILAND’S CENTRAL BANK will take further steps to ease restrictions on capital outflows in coming months as it tries to curb gains in the baht, Governor Veerathai Santiprabhob said.
Ghosn joins list of execs fighting extradition
OUSTED Nissan boss Carlos Ghosn says he fled to Lebanon last week to escape a “rigged” justice system in Japan, where he believed he would not get a fair trial.
China’s steadying inflation leaves door open for monetary easing
CHINA’S CONSUMER inflation steadied in December while factory price declines moderated, leaving room for monetary easing to cement a recent stabilization in economic growth.
Japan language firm eyes new businesses
A JAPANESE language school whose stock soared almost 12-fold last year is planning to expand into new businesses as its chief executive officer tries to keep the rally alive.
President signs 2019 edition of Salary Standardization Law
PRESIDENT Rodrigo R. Duterte signed into law the latest round of the Salary Standardization Law, which is expected to upgrade the pay of 1.4 million civil servants.
Clark airport new terminal seen operational by July
THE NEW passenger terminal of Clark International Airport, which is expected to increase the airport’s overall capacity to 12.2 million passengers yearly, is set to be operational by July, the Department of Transportation (DoTr) said.