Subic Bay News

05/05/2026

𝐀𝐦𝐞𝐫𝐢𝐜𝐚𝐧 𝐄𝐱𝐩𝐞𝐫𝐭𝐬 𝐒𝐡𝐚𝐫𝐞 𝐖𝐨𝐫𝐥𝐝-𝐂𝐥𝐚𝐬𝐬 𝐓𝐞𝐚𝐜𝐡𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬
𝐰𝐢𝐭𝐡 𝐁𝐚𝐠𝐮𝐢𝐨 𝐄𝐝𝐮𝐜𝐚𝐭𝐨𝐫𝐬

As part of the celebration of the 80th anniversary of U.S.-Philippines diplomatic ties and the Freedom 250 commemoration of the 250th anniversary of U.S. independence, the U.S. Embassy in the Philippines, through its Regional English Language Office, launched a specialized professional development program to help college instructors teach technical subjects more effectively in English. This initiative highlights American excellence in teaching innovation, bringing world-class instructional standards to Philippine classrooms.

The two-day workshop, held in Baguio City on April 28 and 29 and facilitated by Saint Louis University, trained 50 college instructors specializing in science, technology, engineering and mathematics (STEM) and social sciences. Led by American English Language Fellows, the workshop used experiential learning methods—including mini laboratories and solving complex math problems in English—to help participants experience firsthand the challenges students face when learning technical subjects in English.

“By empowering Filipino faculty with tools to strengthen their English instruction, we are also helping them shape the next generation of subject matter experts who can effectively communicate complex ideas in English. This collaboration bridges a future where the United States and the Philippines can work more easily toward shared goals, making both our nations safer, stronger, and more prosperous,” said U.S. Embassy Regional English Language Officer Jeff McIlvenna.

“This training has benefited the whole region through these professors and instructors to learn more ways of using English as a power and a tool in facilitating content courses. From here, we will always share and pay it forward,” said Dr. Stephanie Busbus, Director of Global Relations at Saint Louis University.

Participants also relied on the American English Toolkit—a collection of resources provided by the U.S. Department of State in collaboration with American educators and professionals. The Toolkit includes interactive games, songs, recorded virtual workshops, and other teaching tools that highlight American values, culture, history, and the arts, offering instructors valuable materials to incorporate into their classrooms.

The Regional English Language Office (RELO) in Manila advances U.S. interests in the Philippines and the region by promoting English language teaching and learning programs that strengthen people-to-people ties between the United States and the Philippines. Through teacher training, curriculum development, and educational resources, RELO empowers educators and institutions to enhance English language instruction, creating opportunities for Filipinos to engage with American culture, values, and innovation.

05/05/2026

𝐒𝐔𝐍‑𝐏𝐎𝐖𝐄𝐑𝐄𝐃 𝐒𝐏𝐀𝐂𝐄𝐒: 𝐇𝐎𝐖 𝐒𝐌 𝐈𝐒 𝐓𝐑𝐀𝐍𝐒𝐅𝐎𝐑𝐌𝐈𝐍𝐆 𝐌𝐀𝐋𝐋𝐒 𝐈𝐍𝐓𝐎 𝐄𝐍𝐄𝐑𝐆𝐘 𝐇𝐔𝐁𝐒
To reduce congestion to the power grid and improve power availability to the communities it serves, SM Prime Holdings Inc. (SM Prime) has implemented the use of rooftop solar power systems across its properties and nationwide network of SM Supermalls.

Since its pioneering installation of solar panels over SM North EDSA in 2014, clean solar energy generated through SM is now large enough to power a city as large as Mabalacat, Pampanga or Mandaue, Cebu.

“The use of solar power enables SM Supermalls to elevate the service we provide to our customers by embedding sustainability into our daily operations,” said SM Supermalls President Steven Tan. “When Filipinos visit their most-loved SM malls, they are entering a space that actively helps preserve the environment through responsible resource management, reducing carbon emissions while ensuring more resources remain available for our surrounding communities.”

Maximizing space makes room for energy efficiency

SM currently utilizes 65 hectares of space for its rooftop solar panels—which is almost as big as the entire SM Mall of Asia complex, but has also applied innovative ways to maximize mall space for energy efficiency.

Across the SM Mall of Asia's MOA Sky, solar panels have been seamlessly integrated into the walkway that wraps around the property—doubling as overhead covering for mallgoers strolling and enjoying leisurely walks.

By utilizing this space, SM generates enough power to run 1,000 escalators a day or power 1,800 homes for a month.

Another innovative application of means to harness solar power can be found in SM City Bicutan's solar-powered parasols decorating its Sky Garden. The understated use of the solar-powered parasols not only add to the Sky Garden's ambience but also provides functional use as nighttime lighting for customers of surrounding establishments.

The parasols efficiently provide five hours of nighttime lighting for only three hours of daytime charge, effectively reducing the need to use electricity throughout the evening until the mall's closing time.

"Our approach to building malls that satisfy our customers and stakeholders go beyond giving them what is expected. We believe it is up to us to be proactive in enriching the mall-going experiences of Filipinos by investing in seamless, sustainable solutions that allow us to preserve natural resources for many years to come," said Tan.

# # #

About SM Green Movement:
SM Prime Holdings, Inc. (SM Prime) is one of the largest integrated property developers in Southeast Asia, committed to creating sustainable, innovative, and inclusive spaces for Filipinos. Guided by its vision of building a better future, SM Prime develops malls, residences, offices, hotels, and leisure properties that support the growth of communities across the Philippines.
Through the SM Green Movement, SM Prime champions sustainability by focusing on waste management, water stewardship, and energy efficiency for lasting impact. The movement empowers individuals, families, and communities to take part in simple acts that create shared prosperity for generations to come.

05/05/2026

✨ PROMO DEAL COFFEE + MUFFIN for only ₱160 ✨

Choose any Ice Coffee drink:
• Cappuccino
• Café Latte
• Spanish Latte
• White Mocha (no whipped cream)

🧁Plus get a Cheese Muffin

💰 Save ₱40!

📅 Promo valid until May 08 only!

Grab yours now and enjoy your perfect coffee + muffin combo! 😉

03/05/2026

03/05/2026

𝐒𝐁𝐌𝐀 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐫𝐞𝐝𝐮𝐜𝐞𝐬 𝐩𝐨𝐫𝐭 𝐭𝐚𝐫𝐢𝐟𝐟, 𝐫𝐨𝐚𝐝-𝐮𝐬𝐞𝐫𝐬’ 𝐟𝐞𝐞𝐬; 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐞-𝐛𝐮𝐬 𝐟𝐮𝐥𝐥 𝐟𝐚𝐫𝐞 𝐬𝐮𝐛𝐬𝐢𝐝𝐲 𝐢𝐧 𝐒𝐮𝐛𝐢𝐜 𝐅𝐫𝐞𝐞𝐩𝐨𝐫𝐭

Subic Bay Freeport – To ease the burden on Freeport companies and stakeholders as they cope with the ongoing crisis in the Middle East, the Subic Bay Metropolitan Authority (SBMA) further reduced port tariff rates, temporarily suspended the collection of Environmental and Tourism Administrative Fees (ETAF), and maintained the full fare subsidy for e-buses here.

SBMA Board Resolution No. 26-04-1768, which was approved and ratified during the 79th Meeting of the Board of Directors on April 21, 2026, at the Corporate Boardroom of the Administration Building, further reduces port tariff rates in support of Executive Order No. 110.

Executive Order No. 110, signed in March 2026, declares a State of National Energy Emergency due to Middle East conflicts and adopts the Unified Package for Livelihoods, Industry, Food, and Transport (UPLIFT) Program. This whole-of-government approach aims to stabilize energy supply, control prices, and support vulnerable sectors through financial aid.

SBMA Chairman and Administrator Eduardo Jose L. Aliño explained that the said resolution states that the SBMA will further reduce port tariff rates by 30%, on top of the 5% reduction provided by B.R. No. 26-04-1766, for a total reduction of 35%. This includes Charges on Vessels, Harbor Fee, Berthing Fee/ Anchorage Fee, Harbor Cleaning Fee, Charges on Cargoes, and Wharfage Fees.

Aliño also announced that the SBMA will implement the reduction in transport costs and the continuation of the e-bus full fare subsidy, citing that these will be immediate and transparent as part of the agency’s relief measures to address the effects of the emergency energy crisis.

He added that these include reducing the Road-User’s Fee by 50%, deferring the implementation of its programmed increase, and also continuing the implementation of free e-bus transport services for the Freeport community and visitors.

Meanwhile, ETAF collection has also been suspended pending the lifting of EO110, which placed the entire country under a State of National Energy Emergency.

Chairman Aliño clarified that these measures are temporary interventions that will be terminated upon recommendation by the SBMA when geopolitical tensions ease and supply chain conditions normalize.

“The SBMA’s move to reduce port tariff rates and continue the full fare subsidy for e-buses is in support of President Ferdinand R. Marcos Jr.’s thrust to ensure stability in the country during this State of National Energy Emergency in the Philippines due to global oil supply disruptions and rising prices,” Aliño further said.

These strategic measures shall apply to all stakeholders and industry participants whose operations are affected by the prevailing geopolitical tensions in the Middle East. The implementation of these interventions was designed to generate a beneficial cascading effect throughout the maritime supply chain.

These include primary beneficiaries such as importers, suppliers, consignees, vessel owners, and end-consumers, as well as operational intermediaries such as terminal operators, cargo handlers, customs brokers, consolidators, processors, shipping agents, and shipping lines.

“These interventions are strategically implemented to ensure that economic relief and enhanced efficiencies are achieved throughout the entire supply chain, thereby securing the uninterrupted flow of goods from initial port arrival to final destination,” he said.

03/05/2026

𝟓𝟏𝟓𝟎 𝐂𝐀𝐌𝐈𝐆𝐔𝐈𝐍 𝐖𝐄𝐋𝐂𝐎𝐌𝐄𝐒 𝐎𝐕𝐄𝐑 𝟑𝟎𝟎 𝐀𝐓𝐇𝐋𝐄𝐓𝐄𝐒 𝐅𝐑𝐎𝐌 𝟏𝟓 𝐂𝐎𝐔𝐍𝐓𝐑𝐈𝐄𝐒 𝐅𝐎𝐑 𝐈𝐍𝐀𝐔𝐆𝐔𝐑𝐀𝐋 𝐈𝐒𝐋𝐀𝐍𝐃 𝐑𝐀𝐂𝐄

Camiguin, Philippines - The island province of Camiguin takes center stage this weekend as it hosts the inaugural 5150 Camiguin, bringing together more than 300 athletes from 15 countries in a celebration of triathlon, tourism, and Filipino hospitality.

Set against one of the Philippines’ most iconic island backdrops, the Olympic-distance race marks another milestone in the continued expansion of IRONMAN-branded events across the country. Known as the “Island Born of Fire,” Camiguin offers a distinctive race experience where volcanoes meet the sea, combining natural beauty with a technically engaging course.

Athletes will begin with a 1.5km swim at the historic Sunken Cemetery, followed by a 40km bike along the island’s scenic circumferential road, and a 10km run that finishes inside the Camiguin Sports Complex in a festive, community-driven atmosphere.

Strong International and Local Field

The race has attracted participants from 15 countries, underscoring the Philippines’ growing reputation as a premier destination for triathlon in Asia. The international field is complemented by a competitive lineup of Filipino athletes, including standouts in the Philippine Sports Commission-supported Filipino Elite category.

Leading the charge are top local names such as Bea Quiambao and John Edsille Hamlan, alongside emerging talents identified through the Filipino Elite program. The category continues to serve as a platform to elevate homegrown athletes and discover the next generation of triathlon stars in the country.

Expanding the Islands of the Philippines Campaign

5150 Camiguin is part of the broader “Islands of the Philippines” campaign, a multi-race initiative designed to showcase the country’s diverse island destinations through sport. The campaign invites athletes to race across multiple locations, combining endurance competition with immersive travel experiences unique to each island.

From Guimaras to Camiguin and beyond, the series highlights the Philippines as a multi-stop racing destination where each event offers a distinct course, culture, and community.

A Growing Sports Tourism Destination

With the support of the local government and stakeholders, Camiguin continues to position itself as an emerging hub for sports tourism. The staging of 5150 Camiguin reflects the province’s commitment to hosting world-class events while promoting its natural attractions, including White Island, Katibawasan Falls, and its rich cultural heritage.

The event not only delivers a high-quality race experience but also contributes to the local economy by drawing athletes, supporters, and visitors to the island.

As the race unfolds, 5150 Camiguin reinforces the Philippines’ standing in the global triathlon scene, where island racing meets international standards, and where every finish line is powered by community and culture.

For more information about the event, https://www.ironman.com/races/5150-camiguin.

For more information on the IRONMAN brand and global event series, please visit www.ironman.com or email or email [email protected].

03/05/2026

𝐒𝐌 𝐉𝐎𝐁 𝐅𝐀𝐈𝐑 𝐄𝐌𝐏𝐎𝐖𝐄𝐑𝐒 𝐉𝐎𝐁𝐒𝐄𝐄𝐊𝐄𝐑𝐒 𝐓𝐇𝐈𝐒 𝐋𝐀𝐁𝐎𝐑 𝐃𝐀𝐘
In honor of the 124th Labor day, SM City Olongapo Central, in partnership with the Department of Labor and Employment (DOLE) and the Public Employment Service Office (PESO) hosted a Labor Day Job Fair, aimed at providing immediate employment opportunities to residents of Olongapo, Zambales and nearby provinces. More than 2000 job vacancies from different industries were hiring, bringing together 36 employers with 20 hired on the spot—a powerful reflection of how accessible, community-based platforms can deliver real employment outcomes.
Across multiple SM malls, thousands of Filipinos walked in carrying resumes—and walked out with something more: real opportunities, renewed confidence, and for many, a fresh start. The SM Job Fair once again served as a platform for employment, connecting jobseekers, employers, and government partners in one convenient, community-centered space.
SM Supermalls is not just about bringing people together—it’s about helping them move forward.

02/05/2026

02/05/2026

𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐓𝐨𝐩 𝐐𝐮𝐚𝐥𝐢𝐭𝐲 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬
𝐚𝐧𝐝 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬

Manila—As part of the celebration of the 80th anniversary of U.S.-Philippine diplomatic ties and the Freedom 250 commemoration of the 250th anniversary of U.S. independence, the United States is organizing a series of Galing USA promotions in April and May to showcase the exceptional quality, versatility, and local application of U.S. food products and expand market access for American agribusiness in the Philippines.

In partnership with the Foreign Agricultural Service of the U.S. Department of Agriculture (USDA), ten of the Philippines’ finest restaurants celebrate American Restaurant Month by offering special dishes that demonstrate how America’s finest beef, poultry, and specialty ingredients inspire culinary excellence across cooking styles and traditions. From April 13 to May 13, the following restaurants and their branches across 32 locations will offer special menu items ranging from USDA ribeye steaks and U.S. duck confit to selections of American cheeses:

• 25 Seeds
• Bizu Patisserie and Café
• Café Fleur
• Cyma
• Dickey’s Barbeque Pit
• Farmer’s Table
• Mamou
• One World Deli
• Souv
• The Split

Leading a U.S. Agribusiness Trade Mission to the Philippines, Deputy Under Secretary for Trade and Foreign Agricultural Affairs Michelle Bekkering said, “This initiative highlights the strong partnership between our nations and showcases the exceptional quality of U.S. products featured on these menus. U.S. products are celebrated for their unparalleled quality and standards, which is why so many exceptional restaurants choose to incorporate U.S. ingredients into their culinary creations.”

USDA is also partnering with The Marketplace and Metro Supermarket to promote a wide range of American food and beverage products, including U.S. meat and poultry, cheese, and blueberries. Shoppers can taste “Authentic American Flavors” at The Marketplace Parqal Mall location in Parañaque City and experience the “Great American Food Fest” at Metro Supermarket’s Market! Market! location in Taguig City from April 13 to 26.

“American farmers and ranchers are proud to supply high-quality and delicious products to consumers here in the Philippines,” said Deputy Under Secretary Bekkering. “We greatly value our strong partnership with Filipino retailers like The Marketplace and Market! Market!, who help bring the best of American agriculture and flavors to Filipino households.”

On April 14, Deputy Under Secretary Bekkering led the awarding of Key Partners in U.S. Agricultural Excellence and Prosperity to eight Filipino organizations for their valuable contributions to strengthening bilateral trade and food security by making high-quality U.S. food and agricultural products available to Filipino consumers. “The awardees constitute nearly 200 years of combined U.S.-Philippines partnership. We are truly honored by your continued trust in U.S. agriculture, and grateful for the role each of you plays in strengthening our bilateral relationship,” she noted.

The awardees are:

• Century Pacific Food, Inc.
• Dane International Commodities, Inc.
• Jetti Petroleum, Inc.
• Meat Importers and Traders Association
• Philippine Association of Feed Millers, Inc.
• Philippine Association of Flour Millers, Inc.
• Philippine Association of Meat Processors, Inc.
• Robinsons Retail Holdings, Inc.

U.S. Embassy Chargé d’Affaires, a.i., Y. Robert Ewing added, “This recognition reflects the broader strength of the U.S.-Philippine trade relationship as partners in prosperity. It is an auspicious occasion to recognize this inaugural class of honorees as we celebrate the 80th anniversary of U.S.-Philippine diplomatic ties this year.”

The Philippines is the tenth largest market for U.S. agricultural and food products, averaging $3.4 billion in annual exports over the past five years.

Galing USA is an initiative by USDA through the U.S. Embassy in the Philippines’ Foreign Agricultural Service, aimed at promoting high-quality U.S. food and beverage products in the Philippine market.

For more updates on American Restaurant Month and U.S. food promotions, follow Galing USA on Facebook.

02/05/2026

𝐂𝐞𝐛𝐮 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐖𝐢𝐧𝐬 𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧 𝐁𝐞𝐬𝐭 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐫 𝐁𝐫𝐚𝐧𝐝 𝐟𝐨𝐫 𝐓𝐡𝐢𝐫𝐝 𝐂𝐨𝐧𝐬𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐘𝐞𝐚𝐫
Cebu Pacific (PSE: CEB), the Philippines’ leading carrier, has been recognized as Best Employer Brand at the 2026 LinkedIn Talent Awards—marking its third consecutive win in the category for organizations with 5,000 to 10,000 employees.

The annual awards recognize organizations that excel in attracting, engaging, and developing talent, highlighting those that build meaningful and lasting connections with their workforce.

This recognition reflects CEB's continued focus on building a strong employer brand through authentic storytelling, consistent engagement, and a clear articulation of its culture and values.

“As we mark 30 years of Cebu Pacific, we’re clear on one thing: an employer brand isn’t built through campaigns—it’s built through everyday experiences. When people are proud to work here and proud to tell others why, that’s when you know you’re getting it right,” said Felix Lopez, CEB Chief Human Resources Officer. “At Cebu Pacific, our people don’t just work here—they build communities here. That sense of belonging is something you can’t manufacture, and we choose to nurture it every day.”

At the core of this approach is CEB University, the airline’s in-house learning ecosystem. With eight specialized schools, it enables employees to continuously build skills, deepen expertise, and pursue defined career pathways across different functions and leadership levels.

Another key part of its culture is the presence of 16 Juan CEB Communities (JCC)—self-organized, employee-led groups centered on shared interests and advocacies. These communities foster connection, inclusion, and purpose across the organization. One example is EmpowHER, which champions the growth and
advancement of women through mentorship, collaboration, and leadership opportunities.

CEB is also deepening its contribution to nation-building through its Juan Flight Closer to Home program, launched in May 2025. The initiative aims to encourage overseas Filipino aviation professionals to return home and continue their careers in the Philippines, bringing back global expertise while reconnecting with family and community. By opening pathways for Filipino talent abroad, the airline is helping strengthen the local aviation industry.

CEB operates flights to 35 domestic and 26 international destinations across Asia, Australia, and the Middle East, and continues to invest in its people as a cornerstone of its long-term strategy.

02/05/2026

𝐙𝐚𝐦𝐛𝐚𝐥𝐞𝐬 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐠𝐚𝐢𝐧 𝐞𝐚𝐬𝐢𝐞𝐫 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐃𝐄𝐍𝐑 𝐟𝐫𝐨𝐧𝐭𝐥𝐢𝐧𝐞 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬
More than 200 residents of Sta. Cruz and Candelaria, Zambales gained easier access to government services and community support initiatives as the Department of Environment and Natural Resources (DENR) brought a mobile permitting drive and environmental assistance directly to their barangays in line with the Earth Day celebration.
CENRO Masinloc Officer Donaver Guevarra reported that the two-day activity enabled residents of Barangays Guisguis, Guinabon, and Uacon to receive on-site assistance for chainsaw registration, land titling, tree-cutting permits, and tenurial instrument applications.
He added that the office also distributed 50,000 forestry and fruit-bearing seedlings to support reforestation, biodiversity conservation, climate change mitigation, and sustainable livelihood opportunities in local communities.
Marife Castillo, provincial head of the DENR office in Zambales, said the activity demonstrated how bringing services closer to communities can improve public access to government assistance while strengthening local participation in environmental protection efforts.
“By bringing both services and environmental support directly to the barangays, we are helping communities access government assistance more easily while encouraging shared responsibility in protecting and restoring our natural resources,” Castillo said.
DENR Regional Executive Director Ralph Pablo said delivering DENR services at the barangay level helps make government assistance more accessible while encouraging stronger public participation in environmental protection.
“Taking DENR services to the barangay level removes barriers for ordinary citizens and shows that protecting our forests goes hand in hand with serving the public. When communities, government and industry work together, we plant not only trees but also long-term resilience,” Pablo said.
The activity was conducted in partnership with Eramen Minerals Inc., Zambales Diversified Metals Corp., and Zambales Chromite Mining Inc., in support of their environmental protection, rehabilitation, and reforestation commitments.
Guevarra said CENRO Masinloc will continue to strengthen community-based programs and partnerships that promote better public service access, sustainable development, and responsible stewardship of natural resources.

02/05/2026

𝐒𝐄𝐂 𝐞𝐱𝐭𝐞𝐧𝐝𝐬 𝐝𝐞𝐚𝐝𝐥𝐢𝐧𝐞 𝐟𝐨𝐫 𝐀𝐅𝐒 𝐬𝐮𝐛𝐦𝐢𝐬𝐬𝐢𝐨𝐧
The Securities and Exchange Commission (SEC) has extended the deadline for the submission of annual financial statements (AFS) and other annual reports that require AFS as an attachment.

In a notice dated April 14, the SEC revised the filing deadlines provided under SEC Memorandum Circular (MC) No. 9, Series of 2026, after the Bureau of Internal Revenue (BIR) extended the submission of 2025 Annual Income Tax Returns (ITR) and its required attachments to May 15.

Under MC 9, financial statements submitted to the Commission must first be stamped “received” or duly received by the BIR.

In line with this, the deadline for the submission of AFS by domestic and foreign corporations with fiscal year ending on December 31, 2025 has been moved to June 15 from May 29.

The deadline is applicable to all corporations, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations, whose fiscal years ended on December 31. Corporations under the jurisdiction of the SEC Extension Offices follow the same schedule.

For brokers and dealers, the deadline for the submission of SEC Form 52-AR, with AFS as attachment, has been moved to May 15 from April 30.

Issuers with securities listed on the Philippine Stock Exchange (PSE), issuers with securities not listed on the PSE, public companies and other companies covered under Section 17.2 of Republic Act No. 8799, or the Securities Regulation Code, may submit their annual reports (SEC Form 17-A), with AFS as an attachment, until May 15.

“The SEC is giving corporations more time to submit their AFS with the SEC so that they may take advantage of the extension provided by the BIR,” SEC Chairperson Francis Lim said.

“Beyond the alignment, we want to provide corporations ample time to finalize their reports and ensure the accuracy and completeness of information provided in their financial statements,” he added.

The AFS shall be filed through the Commission’s Electronic Filing and Submission Tool, or eFAST. Companies who filed their AFS through the online system of BIR shall attach the system-generated transaction reference number/confirmation receipt which contains a document issued by the Bureau, confirming the successful upload of the file.