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+ Follow CHAIRMAN LILIA BAUTISTA Tag
CHAIRMAN LILIA BAUTISTA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 349199
                    [Title] => High Court rejects SEC move to cancel permit of forex firm
                    [Summary] => 



The Supreme Court has rejected the efforts of the Securities and Exchange Commission to cancel the registration of the Performance Foreign Exchange Corp. (PFEC), which is engaged in foreign currency transactions in the country.

[DatePublished] => 2006-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097133 [AuthorName] => Jose Rodel Clapano [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 301566 [Title] => Yasay blames AGILE for collapse of CAP, PPI [Summary] => Former Securities and Exchange Commission Chairman Perfecto Yasay Jr. said yesterday the proposal of a US lobby firm requiring pre-need companies to put huge capital which the government imposed, resulted in the downfall of the country’s top pre-need firms.

During the hearing of the House oversight committee, headed by Quezon Rep. Danilo Suarez, Yasay told panel members and planholders of the College Assurance Plan and Pacific Plans the main culprit is the Accelerating Growth for Investment Liberalization and Equity (AGILE).
[DatePublished] => 2005-10-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096652 [AuthorName] => Delon Porcalla [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 259041 [Title] => Pre-need industry prefers acquisition route [Summary] => The country’s pre-need industry is expected to consolidate further as new entrants prefer the acquisition mode rather than establish new companies. Likewise, industry players are holding discussion for "mid-step" consolidation over further mergers or acquisitions.

A group of investors composed of foreign and local players are reportedly holding talks with an existing player, which has stopped selling plans although it continues to service its existing plan holders.
[DatePublished] => 2004-07-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 241515 [Title] => Georgetown alumni group backs Martinez [Summary] => The Georgetown Club of the Philippines Foundation and the Integrated Bar of the Philippines have recommended to President Arroyo the appointment of Securities and Exchange Commission (SEC) commissioner Jesus E.G. Martinez as the next chairman of the regulatory agency.

The President’s alumni group in Georgetown University pitched in for the SEC commissioner on the strength of his qualification and good reputation as the groundswell of support for Martinez continues even across party lines.
[DatePublished] => 2004-03-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 237953 [Title] => The Pandacan depot saga lives on [Summary] => When the depot was set up decades ago Pandacan must have been the most strategic place to have it. Accessibility was beyond question as it was just by the Pasig River where barges carrying various oil products can easily berth. And after a while pipelines from refineries located in Batangas have found their way into its system. It being in the heart of Manila made it easy for lorries to pick up and transport these products to the oil companies’ service stations located in and around the city.
[DatePublished] => 2004-02-07 00:00:00 [ColumnID] => 133756 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 202892 [Title] => Future status of Agile known after Holy Week recess [Summary] => Legislators are hoping that by the time they return from the Easter recess the future status of the US-funded Accelerating Growth Investments and Liberalization with Equity (Agile) would have been resolved with finality.
[DatePublished] => 2003-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 200466 [Title] => SEC official bats for status quo in pre-need industry [Summary] => A ranking official of the Securities and Exchange Commission (SEC) has come out strongly against any proposed legislative moves to transfer regulatory authority over the pre-need industry to the Insurance Commission (IC).

In a five-page memorandum to SEC Chairman Lilia Bautista that sets out in great detail the case for the retention of the status quo, SEC Commissioner Jesus Enrique Martinez outlined his opposition to the move of some congressmen to implement the transfer.
[DatePublished] => 2003-03-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 199772 [Title] => What we need is a debt cap [Summary] => What’s with Mar Roxas? Even after President Arroyo herself indicated that she is not inclined to sell Petron at this time, Mar still wants to sell Petron together with all the other government crown jewels now. Like his fellow investment banker Lito Camacho, Mar is simply focused on raising funds by whatever means to sustain government’s free spending ways.
[DatePublished] => 2003-03-21 00:00:00 [ColumnID] => 133182 [Focus] => 0 [AuthorID] => 1804837 [AuthorName] => Boo Chanco [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 173136 [Title] => Reform team deplores delay of Polo Club polls [Summary] => Concerned club members seeking reforms at the Manila Polo Club (MPC) expressed dismay yesterday over the postponement by the MPC board of the scheduled club elections on Aug. 26 to Sept. 25 on account of its failure to comply with Securities and Exchange Commission rules and regulations.
[DatePublished] => 2002-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 170039 [Title] => No need to panic over CAP deficiency [Summary] => Over the past three or four months or so, someone using a yahoo e-mail address had been sending media writers a really scary message about the financial condition of College Assurance Plan (CAP). Last week, just before another daily carried a news item about CAP’s trust fund deficiency, I got that e-mail message twice.
[DatePublished] => 2002-07-29 00:00:00 [ColumnID] => 133182 [Focus] => 0 [AuthorID] => 1804837 [AuthorName] => Boo Chanco [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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