DMW vows aid for arrested OFW in Japan
THE Department of Migrant Workers (DMW) yesterday said the arrested and detained overseas Filipino worker (OFW) in Japan would be provided with the necessary assistance.
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Transport groups want PUVMP deadline removed
MANILA, Philippines — Transport groups yesterday lauded the three-month extension of the deadline for the public utility vehicle modernization program, but said they preferred to see the PUVMP deadline lifted.
BARMM social services ministry fuses ranks with anti-child labor bloc
COTABATO CITY — The Bangsamoro social welfare ministry is the latest addition to a bloc of local and foreign entities working together to address child labor in Cotabato City and in the six provinces of the autonomous region.
Sign language interpreter signs for deaf fans at Coldplay's Manila concert
MANILA, Philippines — Coldplay's recent "Music of the Spheres" concerts were nights to behold, and a few deaf fans of the band were able to enjoy the moment further because of a Filipino sign language (FSL) interpreter.
DepEd expands feeding program from 120 days to full school year
MANILA, Philippines — The Department of Education will expand its school-based feeding program next school year, providing free meals to students for the entire academic calendar (220 days) for the first time.
North Korea's Kim seeks to level up 'huge' gaps in living standards
SEOUL, South Korea — North Korean leader Kim Jong Un called for "leveling up" the living standards of rural areas, saying a failure to provide necessities, including food, was a "serious political issue", state media said Thursday.
DA cites Bureau of Plant Industry’s contributions to food production, farm modernization
The Department of Agriculture on Wednesday cited the indispensable role of the Bureau of Plant Industry (BPI) in the bid of President Ferdinand Marcos, Jr. to boost food production and modernize the country’s agriculture sector.
SEC wants to lock-up 'cornerstone investors' in IPOs to prevent rugpulls
The SEC released a draft memorandum for comment last week [link] which looks to regulate how “cornerstone investors” may participate in IPOs going forward. According to the SEC, a cornerstone investor receives IPO offer shares “with a guaranteed allocation at the final offer price”. The SEC notes that cornerstone investors “stimulate investor demand in an IPO”, and can “lend credibility”, “boost confidence”, and “deliver a positive signal to the market.” That said, the SEC is looking to: (1) regulate the information that a potential cornerstone investor might receive about an IPO to make sure that they are not provided with “any material information beyond that [in the prospectus]”, (2) require disclosure of cornerstone investors in any IPO prospectus, (3) require cornerstone investors pay the same price as retail, and (4) submit cornerstone investor shares to a 30-day lock-up from the IPO.