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A FLOOD CONTROL–THEMED nativity scene is displayed among the entries in the Belen Making Contest at the MBC Media Group building in Pasay City, Dec. 13. — THE PHILIPPINE STAR/NOEL B. PABALATE“Happy birthday, Jesus.” Beneath this familiar Christmas greeting lies a demanding idea: God did

SEC.GOV.PHTHE Securities and Exchange Commission (SEC) has revoked the corporate registration of Seek Explore Sports Association, Inc. after finding it engaged in unauthorized investment activities.In an order dated Dec. 22, the SEC’s Enforcement and Investor Protection Department (EIPD) said it canceled the company’s registration for

REUTERSTHE Board of Investments (BoI) has signed the implementing rules and regulations (IRR) for the Republic Act No. 12252, or the 99-year Investors’ Lease Act, marking a step towards the new regulation’s implementation next year.“Our goal is to establish the Philippines as a top global

REUTERSTHE International Monetary Fund (IMF) expects the Philippine current account deficit to narrow gradually through 2030, driven by declining commodity prices and increased public and private savings.In a report following its Article IV Consultation with the Philippines, the IMF maintained its forecast for the current

PSALM SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) fell 38.91% year on year in November, the Bureau of the Treasury said.Budgetary support to state-run firms totaled P7.47 billion in November.Month on month, GOCC subsidies fell 16.23%.State-owned firms receive monthly subsidies from the National Government to