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Global Dominion Financing says SEC action on debt collection arose from isolated case

February 13, 2026

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Business World Philippines

GLOBAL DOMINION Financing, Inc. (GDFI) said the recent Securities and Exchange Commission (SEC)-reported incident involving debt collection practices was isolated and that it has taken steps to strengthen compliance and oversight in its collection operations.

- Alexandria Grace C. Magno

“While the matter arose from an isolated case, we take it seriously and have taken steps to reinforce our compliance and oversight processes, particularly in relation to collection practices,” the company told BusinessWorld in an email seeking comment.

“We acknowledge the administrative fine imposed by the SEC and respect the Honorable Commission’s decision,” it added.

المزيد من القصص من Business World Philippines

Business World Philippines

Gold bullion erases losses despite strong US jobs data

GOLD steadied on Monday as prospects for a potential Israel-Iran ceasefire helped the metal rebound from session lows, though strong US jobs data boosted expectations of a US Federal Reserve rate hike and limited the upside.

time to read

1 min

June 10, 2026

Business World Philippines

Business World Philippines

Philippine football has come a long way

The whole world this year will once again be focused on the “beautiful game,” as the World Cup will be played in the three countries of North America, i.e., the US, Canada, and Mexico.

time to read

4 mins

June 10, 2026

Business World Philippines

AI infra master plan assumes investment of $30 billion

THE Department of Information and Communications Technology (DICT) is projecting $30 billion worth of investments over the next seven years in its National Artificial Intelligence (AI) Infrastructure Master Plan.

time to read

1 mins

June 10, 2026

Business World Philippines

AI godbots: Religious leaders warn of 'alarming consequences' when machines speak in the name of God

JUSTIN AI is a Catholic apologist chatbot created by Catholic Answers, a conservative advocacy group based in California. In his original iteration, “Father Justin” wore the clerical clothing of a Roman Catholic priest.

time to read

7 mins

June 10, 2026

Business World Philippines

PNB, JCB International extend their partnership

PHILIPPINE National Bank (PNB) has strengthened its partnership with JCB International (JCB) to expand access to its services via worldwide acceptance.

time to read

1 min

June 10, 2026

Business World Philippines

Business World Philippines

PNB Holdings wins regional awards from APAC Insider

APAC Insider has conferred two distinctions on PNB Holdings Corp. (PHC) at the South East Asia Business Awards 2026.

time to read

1 min

June 10, 2026

Business World Philippines

Lopez group questions First Gen deal terms

THE LOPEZ FAMILY majority has raised concerns over the structure and disclosure of First Gen Corp.’s planned investment in the hydropower business of Prime Infrastructure Capital, Inc., reviving tensions within the family weeks after both sides signaled a pause in their dispute.

time to read

2 mins

June 10, 2026

Business World Philippines

Agricultural exports increase 33.2% in April

AGRICULTURAL EXPORTS rose 33.2% year on year in April to $1.03 billion and were up 38.5% from a month earlier, the Philippine Statistics Authority reported.

time to read

1 min

June 10, 2026

Business World Philippines

Father’s Day staycation deals at Megaworld Hotels & Resorts within the Metro

Megaworld Hotels & Resorts (MHR) invites families to celebrate the fathers and father figures in their lives through meaningful staycations.

time to read

1 mins

June 10, 2026

Business World Philippines

Business World Philippines

Rationalizing spectrum user fees in the age of 4G and 5G

At the core of Republic Act No. 12234 or the Konektadong Pinoy Act (KPA), which took effect on Sept. 14, 2025, is the policy objective of expanding digital connectivity while promoting fair competition and efficient use of spectrum resources.

time to read

2 mins

June 10, 2026

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