SEC ORDERS PESO TREE, PESOALO, PINOY CASH LOAN TO STOP ILLEGAL ONLINE LENDING ACTIVITIES

  The Securities and Exchange Commission (SEC) has ordered Peso Tree, Pesoalo and Pinoy Cash Loan to stop offering loans to the public through online platforms without the necessary licenses.   The Commission En Banc issued the order on January 21, enjoining the owners, operators, promoters, representatives, agents and any and all persons claiming and […]

SEN BONG GO PUSHES FOR EXTENSION OF PILOT PROGRAM OF MOTORCYCLE TAXIS PROVIDED THAT THE INTEREST AND SAFETY OF THE PUBLIC ARE ENSURED

Senator Christopher Lawrence “Bong” Go on Monday, January 20, said that he will recommend to President Rodrigo Duterte and Department of Transportation (DOTr) Secretary Art Tugade the extension of the pilot program for motorcycle taxis as long as they “abide and care for the safety of the passengers.” This comes after the technical working group […]

SENATOR CHRISTOPHER ‘BONG’ GO’S REMARKS ON THE ISSUE OF MOTORCYCLE TAXIS IN THE PHILIPPINES

(DURING THE SENATE PUBLIC HEARING ON PUBLIC SERVICES JOINT WITH LOCAL GOVERNMENT) January 20, 2020 Madam Chair, I am and will always be a strong supporter of private companies and their crucial role in making the Philippines a more progressive and prosperous nation. They are important partners of the government in providing quality and safe […]