CA backs SEC’s cease-and-desist order against Planpromatrix

THE Court of Appeals (CA) upheld the Securities and Exchange Commission’s (SEC) cease-and-desist order (CDO) against Planpromatrix Online Co. for its unlicensed investment solicitation activities. “In a 17-page decision dated July 19, the CA Special 10th Division affirmed the [CDO] issued by the SEC against Planpromatrix for perpetrating fraud and causing grave injury to the […]

Court challenge looms for DENR waste-to-energy rules

ENVIRONMENT ADVOCATES filed a petition with the Supreme Court (SC) seeking to nullify the Department of Environment and Natural Resources’ (DENR) current guidelines on building waste-to-energy (WTE) facilities. Petitioners including the Ecowaste Coalition, Interfacing Development Interventions for Sustainability, and five individuals, filed the petition Thursday seeking to bar Environment Secretary Roy A. Cimatu from implementing […]

Addressing teenage pregnancies made a national priority

PRESIDENT RODRIGO R. Duterte has signed an order recognizing the problem of teenage pregnancies in the country by making the implementation of “practicable” measures addressing its root causes as a national priority. All government agencies, especially those involved in youth affairs, are directed to assist in finding solutions. Under Executive Order No. 141, Mr. Duterte […]

MGB says automatic renewal looms for exploration periods

THE Department of Environment and Natural Resources (DENR) is expected to release an administrative order that will allow for automatic renewals of the period set for mining exploration, according to an official of the Mines and Geosciences Bureau (MGB). Danilo D. Deleña, MGB Mining Tenements Management Division OIC-chief, said during the first day of an MGB […]

FSD Management and Board Suffers Multiple Court Losses as Shareholder Meeting Approaches

TORONTO, May 13, 2021 – (ACN Newswire via – On Monday, May 10, 2021, at the request of Messrs. Anthony Durkacz and Zeeshan Saeed, founding shareholders and members of the group of concerned shareholders (the “Concerned Shareholders”) of FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FSE: 0K9A) (the “Company” or “FSD”), the Ontario Superior […]

ARTA issues show-cause order to FDA drug center over inaction on drug applications

THE Anti-Red Tape Authority (ARTA) issued a show-cause order to the Food and Drug Administration’s (FDA) drug testing center for alleged inaction on more than 600 drug applications. In a statement Tuesday, ARTA confirmed that Investigation Enforcement and Litigation Director Jedrek C. Ng sent the order to the FDA’s Center for Drug Regulation and Research […]

Nationwide round-up (04/13/21)

Duterte considering senators’ call to revoke pork tariff reduction  PRESIDENT Rodrigo R. Duterte may consider the recommendation of several senators to revoke his order slashing tariffs on frozen meat, according to the presidential palace. “Nakikinig naman po ang Presidente sa lahat, lalo na kung magsasama-sama ang mga senador (The President listens to everyone, especially if […]

Alcoy shortens curfew to 5 hours

THE Municipal Government of Alcoy, Cebu will implement a shorter curfew starting Saturday, March 13, 2021. Mayor Michael Sestoso issued Executive Order 2021-013, which moves the start of curfew from 10 p.m. to 12 a.m., and it ends at 5 a.m. Local government units in the country have imposed curfew to keep residents at their […]