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 Corporations and associations are given a new lease on corporate life, thanks to an amnesty program being offered by the Securities and Exchange Commission (SEC) until September 30.
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 With the publication of the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF), the Philippines moved one step closer to launching the operations of its first sovereign wealth fund.
 In its 30th year, the Bangko Sentral ng Pilipinas (BSP) reaffirms its commitment to adopt global central banking standards and transition to a digital financial system while promoting price stability, financial stability, and an efficient payments and settlements system in the country.
 The Securities and Exchange Commission of the Philippines (SEC) has approved a shorter settlement cycle for securities trades, which was started on August 24 to facilitate more efficient transactions and spur activity in the Philippine capital market.
SEC Philippines to Businesses and Organizations: Apply for Amnesty to Avoid Higher Penalties8/22/2023  The Securities and Exchange Commission (SEC) implored corporations and associations that have incurred penalties due to the late or non-filing of their annual reports to avail of the amnesty program before higher penalties kick in starting October 1.
 The Monetary Board decided to retain the existing ceilings on credit card transactions under Circular No. 1165 dated 19 January 2023.
Investor's Corner: How to File a Complaint Againts Brokerage Firm or Trading Participants?8/19/2023  Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ credit rating of “BBB+” and revised its outlook to “positive” from “stable.”
 The Securities and Exchange Commission (SEC) has chalked up another successful prosecution by having eight officers of lending company Phil86 Gurunanak Lending and Trading Corp. convicted for submitting falsified documents for their company registration with the Commission.
 A week after being recognized by President Ferdinand R. Marcos, Jr. in his second State of the Nation Address for its record high home loans in 2022, Pag-IBIG Fund has again set a new record in home loans released for the first half of 2023, the agency’s top officials announced on July 31.
 Pag-IBIG Fund netted a record-high income of P20.61 billion in the first half of 2023, the agency’s top executives announced on July 20.
 The Coin Deposit Machines (CoDMs) of the Bangko Sentral ng Pilipinas (BSP) have accepted over PHP18.8 million worth of coins with over 10,900 transactions as of 31 July 2023, a little over a month after the CoDM launch on 20 June.
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Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Connect
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