corporate governance - updates

Rappler's latest stories on corporate governance


BSP moves to strengthen banks' governance

Aug 22, 2017 - 5:58 PM

The central bank says the amendments to the BSP corporate governance guidelines raise the bar on the expectations from the board of directors and risk management systems of its supervised financial institutions

Which GOCCs are affected by Duterte’s EO on salaries?

Aug 03, 2017 - 7:56 PM

UPDATED According to the GCG the executive order affects officials and personnel of 97 GOCCs

Proposed SEC rule to hit San Miguel, PAL Holdings, Andrew Tan firms

Jun 17, 2017 - 10:49 AM

About 68 listed Philippine firms including 4 Andrew Tan led businesses will need to sell more shares to the public if SEC hikes the minimum public float to 20

RAISE. The SEC proposed to double the minimum public float level to 20% by July 1, 2017.

#ThewRap: Things you need to know, January 5, 2017

Jan 05, 2017 - 8:30 AM

Hello Here are the stories you shouldn t miss this Thursday

SEC revises governance code for listed firms

Jan 04, 2017 - 3:45 PM

The new corporate governance code adopts a comply or explain approach to promote transparency and address perceived overregulation by the SEC

DOTC eyes borrowings to buy out MRT3

Feb 09, 2015 - 12:57 PM

The agency is scrambling for options to finance the buyout since the P56 B allocation is not included in the P2 6T 2015 national budget

P7B worth of transactions unaccounted for after Nabcor shutdown

Nov 23, 2014 - 8:03 PM

The Commission on Audit COA audit team is not able to do a financial audit on the National Agribusiness Corporation due to the absence of financial statements and breakdown of expenses for 2013

Ayala group dominates 2014 PSE Bell Awards

Nov 11, 2014 - 1:49 PM

Three listed firms under the Ayala group of companies are this year s Bell Awards recipients

BELL AWARDEES. Companies under the Ayala group dominates this year's Philippine Stock Exchange Bell Awards.

PSE to honor 10 companies in 3rd Bell Awards

Nov 03, 2014 - 6:15 PM

Now on its third year the Philippine Stock Exchange will honor 10 listed companies on November 10

EXEMPLARY FIRMS. This year's Bell Awards is the Philippine Stock Exchange's third year of recognizing listed companies with exemplary corporate governance practices.

Less than half of GOCCs have dividends

Jun 09, 2014 - 6:00 PM

Of 114 Government Owned and Controlled Corporations GOCCs only 50 had dividends They total P32 31 billion

REFORMS. President Benigno Aquino III credits reforms instituted by his administration for the increase in dividends remitted by GOCCs. Malacañang Photo Bureau

More non-performing GOCCs under review

Mar 03, 2014 - 6:34 PM

The Governance Commission on GOCCs aims to reduce the number of government owned and controlled corporations to less than 100 by the year s end

UNDER REVIEW. The Governance Commission of GOCCs says it aims to reduce number of GOCCs to less than 100 by the end of the year. Photo by Rappler

PhilHealth to bring perks issue to SC

Jan 19, 2014 - 1:03 AM

PhilHealth in a statement Saturday says it is being unfairly misjudged even after formally explaining in November 2013 the legality of the bonuses

11 firms awarded for exemplary corporate governance

Nov 20, 2013 - 5:17 PM

Five publicly listed firms and 6 trading participants are recognized during the 2013 Bell Awards sponsored by the Philippine Stock Exchange

BEST PRACTICES. The Philippine Stock Exchange recognizes firms that adhere to high corporate governance standards in its annual Bell Awards. This photo shows PSE president Hans Sicat delivering his remarks during the awards night on November 19. PHOTO BY CHERRIE REGALADO/RAPPLER.COM

PSE to release list of Shariah-compliant firms

Nov 20, 2013 - 3:58 PM

The regulator wants to generate more investments from the Muslim market

MUSLIM INVESTMENTS. The local bourse is coming up with a list of Shariah-compliant firms to attract more investments from the Muslim community. AFP PHOTO

Former Tiffany exec charged in jewelry theft

Jul 03, 2013 - 9:11 AM

Tiffany s former VP of product development is arrested for allegedly stealing more than 1 million worth of valuables which she later resold

STOLEN JEWELRIES. A model is shown here wearing jewelries from Tiffany where a former executive allegedly stole items before she left. Photo by AFP

From 2nd worst, PH aims to be 3rd best in corp governance

Dec 04, 2012 - 6:10 PM

The country aims to boost its ranking after placing second to the last in the 2012 Asia corporate governance survey

Image courtesy of ICD. The Philippine's is working it's way up from bottom ranking

Ayala, Sy companies win PSE corporate governance awards

Dec 03, 2012 - 7:21 PM

Listed companies of the Ayala and the Sy business groups dominated the corporate governance awards of the stock exchange

Japan fines Olympus $2.4-M over cover-up scandal

Jul 11, 2012 - 6:21 PM

The financial watchdog slapped a 2 4 million penalty on disgraced camera and medical equipment maker Olympus over a huge loss cover up scandal

PSE launches Bell Awards for 'good' companies

Dec 07, 2011 - 8:00 AM

The Philippine Stock Exchange PSE will honor the top five listed companies that exemplify good corporate governance practices