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SEC seeks to strengthen gov’t protection of whistle-blowers in corporate fraud cases

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A minority stockholder of one of the country’s top canned tuna manufacturers has complained that the Securities and Exchange Commission has failed to give attention to a complaint against the corporation for denying him his right as a stockholder. SCREENGRAB from www.sec.gov.ph

The Securities and Exchange Commission has proposed to strengthen state protection for whistle-blowers as a means to deter corporate fraud and improve overall corporate governance in the country.

Posted: November 12th, 2014 in Latest Business Stories | Read More »

BIR files cases vs 3 Manila firms, Agusan del Sur gold trader for P75M tax deficiency

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bir building

The Bureau of Internal Revenue (BIR) filed on Thursday, separate tax evasion charges at the Department of Justice against traders based in Manila and Agusan del Sur for allegedly failing to pay more than P75 million in taxes.

Posted: November 6th, 2014 in Latest Business Stories | Read More »

BOC seizes P8M worth of smuggled motorcycles, chemicals, plumbing supplies

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Bureau-of-Customs1-1223

Customs officials have seized P8 million worth of brand-new motorcycles, chemicals and plumbing supplies at the Port of Manila.

Posted: October 30th, 2014 in Latest Business Stories | Read More »

Customs seizes P24.7M worth of smuggled rice, garlic in Mindanao

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Philippines Congested Container Port

The Bureau of Customs reported on Tuesday it had seized P24.7-million worth of allegedly misdeclared rice and under-declared garlic shipped into Mindanao.

Posted: October 14th, 2014 in Latest Business Stories | Read More »

WEF: Cebu economy still fragile

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Rosy prospects bloom for the province of Cebu, but its economy could only grow further if the local government were to come up with a plan to address corruption, criminality and lack of infrastructure, according to the World Economic Forum (WEF).

Posted: September 3rd, 2014 in Headlines | Read More »

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  • Technology

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  • Globe website hacked due to ‘poor internet connection service’
  • DOJ asked to probe phone, Internet use at penitentiary
  • Ride-sharing app Tripda arrives in PH
  • Twitter to track users’ phones/gadgets for app use
  • Opinion

  • Revolutionary colorum
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  • Global Nation

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