Life insurer Pru Life UK has teamed up with CIMB Bank Philippines to make digital financial products and service more accessible to Filipinos through technology. Subject to regulatory approval, Pru Life UK said the insurer would be the first bancassurance partner for the local unit of CIMB, one of...
The Department of Finance (DOF) has directed the Government Service Insurance System (GSIS) and the Land Bank of the Philippines to assist the Philippine Crop Insurance Corp. (PCIC) in managing the risks and enhancement of its investment portfolio. Finance Secretary Carlos G. Dominguez III said the...
State-owned Development Bank of the Philippines (DBP) bagged two awards for its development projects on human capital development and financial inclusion in the recently-concluded Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards held in Manila, a...
The Department of Agriculture's (DA) Philippine Rural Development Project (PRDP), the largest World Bank-funded project in the country, has been extended up to July 2025 and has received additional foreign funds of about P16 billion. In a statement, DA said the project got additional funding came...
To curb corruption in the government, former Senator Antonio Trillanes IV on Sunday, Dec. 5, said he intends to propose the publication of government workers’ Statement of Assets, Liabilities, and Net Worth (SALN) on websites and the mandatory video recording of all government bidding...
Globe-Telecom_CNNPH (2) Globe Telecom Inc. signed a P15-billion term loan facility from Banco de Oro (BDO) and Land Bank of the Philippines (LandBank) for capital expenditures, re-financing debts and for general corporate requirements. The loans comprised of ₱10 billion from BDO and ₱5 billion...
The Land Bank of the Philippines (LANDBANK) has joined the Department of Agriculture (DA) in the distribution of cash grants to Nueva Ecija rice farmers under the Rice Competitiveness Enhancement Fund-Rice Farmer Financial Assistance (RCEF-RFFA). The RCEF-RFFA program aims to provide unconditional...
Former senator and incumbent Sorsogon Governor Francis “Chiz” Escudero on Sunday urged the government to address the lack of internet access or connectivity in the country which is significantly hindering students’ learning ability during this time of a COVID-19 pandemic. With no end in sight...
Editorial Cyber-criminals who defraud and steal money from bank customers will be arrested, prosecuted and jailed. Thus declared the Bankers Association of the Philippines (BAP) through its president Arnulfo Veloso as he announced the imminent signing of a memorandum of agreement with the...
Bank of Makati’s (BMI) vision to become the country’s MSME bank of choice is continuously being realized as it helps more Filipino entrepreneurs and their families attain better financial security. The bank’s low-interest, non-collateral and revolving Power Negosyo Enterprise Loan have...
The Department of Education (DepEd) on Wednesday, Nov. 24, said that it acknowledges the challenges in education quality of the country even before the pandemic and is currently addressing these by introducing various interventions. Photo taken at Palma Gil Integrated School PGIS in Talaingod,...
Former senator and incumbent Sorsogon Governor Francis ”Chiz” Escudero on Tuesday vowed to refile the bill that would make it mandatory for all government officials and employees to sign a written permission or waiver in favor of the Office of the Ombudsman to look into their bank deposits here...
