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Agriculture Secretary Francisco P. Tiu Laurel, Jr. welcomed the decision of the Philippine Competition Commission to file charges against a dozen unscrupulous onion traders whose cartel-like activities adversely impacted consumers and the broader economy.
The Department of Agriculture and the Bureau of Customs thwarted anew the illegal importation agricultural products, an unfair trade practice that poses a threat to public health and domestic agriculture.
Trading suspensions are a semi-regular occurrence on the PSE, as they are the “stick” that the rules give to the PSE to brute-force corporations into compliance for a wide range of non-compliant behaviors. Most of the PSE’s suspensions are for companies that have failed to submit their Annual or Quarterly Report (sometimes both), but there have been an increasing number of suspensions handed out for public float violations, which is a more serious problem (as we’ll get into). This post is all about suspensions, what they are, what they do, and why they’re trouble for investors. Major disclaimer: I suspect this post is of most interest to medium- and long-term investors (like me) who hold positions in the market for years at a time.
MANILA, Philippines — The Philippine Competition Commission (PCC) has filed charges against 12 vegetable traders for engaging in anti-competitive agreements in the supply of imported onions.
THE Philippine Franchise Association (PFA) conferred the Chairman's Award on Go Negosyo founder Joey Concepcion for his efforts to help Filipino micro, small and medium enterprises (MSMEs).
China and the Philippines traded new accusations of deliberately ramming into each other’s coast guard vessels near a disputed atoll in the South China Sea where the two countries are engaged in an escalating standoff.
MANILA, Philippines — Motorists should buckle up for an expected increase in domestic pump prices next week, as rising tensions abroad continue to threaten supply chains.