Asialink Finance Service Inc

12/02/2026

12/02/2026

📣 𝗦𝗘𝗖 𝗶𝗺𝗽𝗼𝘀𝗲𝘀 𝗳𝗶𝗻𝗲 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗼𝗺𝗶𝗻𝗶𝗼𝗻 𝗳𝗼𝗿 𝗮𝗯𝘂𝘀𝗶𝘃𝗲 𝗱𝗲𝗯𝘁 𝗰𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝗼𝗻

The Securities and Exchange Commission (SEC) has ordered Global Dominion Financing, Inc. to pay an administrative fine of P50,000 and admonished to strictly comply with the fair, lawful, and consumer-protective debt collection standards, with a warning that repetition of such acts will be dealt with more severely, and may warrant higher monetary penalties, suspension, or revocation of its certificate of authority.

MC 18 and the FCPA provides for acts that constitute abusive and unfair debt collection practices which include the use or threat of use of violence, or other criminal means to harm a person, reputation, or property of any person; use of insults or profane language to abuse the borrower; and contacting the borrower’s contact list, other than those names as guarantors or co-makers, among others.

The order stemmed from a complaint filed by a borrower who claimed to have been subjected to unfair collection practices from the financing firm’s third-party collection agents due to payment delays.

Read the full press release here: https://www.sec.gov.ph/pr-2026/sec-imposes-fine-against-global-dominion-for-abusive-debt-collection/

07/02/2026

02/02/2026

: The Department of Budget and Management (DBM) congratulates Procurement Service - DBM (PS-DBM) Executive Director (ED) Atty. Genmaries “Gen” S. Entredicho-Caong for being recognized as one of the World’s Inspiring Women for 2026!

ED Gen was nominated by the Open Contracting Partnership (OCP), which regarded her as “a strong female leadership figure in public procurement,” for driving impactful reforms in procurement, legislation, digital transformation, and multistakeholder collaboration. Of the 51 nominees from various industries across 13 countries, only 25 were selected for the 2026 Inspiring Women award, including ED Gen.

ED Gen leads the PS-DBM, the government’s central acquisition body, in implementing the New Government Procurement Act (NGPA) or the biggest anti-corruption law in the country’s history. Under her leadership, the government and civil society also strengthened their partnership to advance transparency, accountability, and public participation in procurement.

Organized by the World Commerce and Contracting, Icertis, and WorldCC Foundation, the Inspiring Women program celebrates women who made significant achievements and contributions to commerce and society.

Thank you for your unwavering commitment to service excellence, ED Gen! We are proud of you!