PRESS STATEMENT PCC M&A Review Moratorium in the Bayanihan 2 Act 14 September 2020 As part of its response to the COVID-19 pandemic, the Bayanihan To Recover As One(Bayanihan 2) Act exempts from compulsory notification those mergers and acquisitions with transaction value of less than P50 billion which are entered into within two (2) years from… continue reading ››
SMC-Holcim Transaction 12 May 2020 The Philippine Competition Commission (PCC) received information that San Miguel Corporation’s subsidiary, First Stronghold Cement Industries, Inc. (FSCII), shall no longer proceed in acquiring Holcim Philippines, Inc. (HPI) upon the lapse of the parties’ agreement on Sunday, 10 May 2020. The PCC, however, has yet to receive formal notice from the… continue reading ››
PRESS STATEMENT Motorcycles (MCs) as public transport and multi-homing approach 24 January 2020 The use of motorcycle (MC) taxis as a mode of public transportation has given commuters an additional option amid worsening traffic conditions in urban areas. In many rural areas around the country, these habal-habal are widely used as main transport. The Philippine… continue reading ››