Over 11k firms face SEC sanctions

More than 11,600 companies in the Philippines may be suspended for failing to submit ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

View in browser   |   Download our app December 16, 2024 ECONOMY BSP poised to deliver 25-bp rate cut The Bangko Sentral ng Pilipinas (BSP) is expected to deliver its final rate cut this year of 25 basis points (bp), despite the slightly faster inflation rate of 2.5 percent in November as price pressures remain manageable. By Alden M. Monzon PROFIT PUSH Freedom vs control: Hiring external execs in family businesses Family businesses face a unique challenge: the decision to hire external executives. This decision often pits two competing priorities against one another—the need to grant freedom to outside leaders for innovation and success versus the imperative to maintain family control. Striking this balance is critical for family businesses aiming for long-term growth and sustainability. By Tom Oliver CORPORATE Over 11k firms face stiff SEC sanctions More than 11,600 companies in the Philippines may be suspended for failing to submit their annual financial statements in the last eight years, according to the Securities and Exchange Commission (SEC).  By Meg J. Adonis Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ Marcos bats for brown rice Eating brown rice isn't just the healthier option; it may help bring down rice prices and address local production shortfall. This is a low-hanging fruit—or rather, grain— that corporate Philippines has identified, a national campaign that no less than President Marcos is expected to launch with a big bang in 2025. By Doris Dumlao-Abadilla INQUIRER PLUS-EXCLUSIVE McKinsey to pay $650M to settle US criminal case on opioids NEW YORK — Consulting giant McKinsey & Company will pay $650 million to settle US criminal charges that it collaborated with Purdue Pharma to intentionally misbrand opioids, worsening a public health crisis, officials announced Friday.  By AFP Try Inquirer Plus. Inquirer Plus is the Philippine Daily Inquirer's premium subscription service. Register for a free 30-day trial to get access to Inquirer's fearless reporting, exclusive stories and more. REGISTER NOW Hi Edward. Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2024 PHILIPPINE DAILY INQUIRER, Barangay La Paz, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime