RCBC RCBC Bankard Services Corporation, the credit card arm of the Rizal Commercial Banking Corp. (RCBC) has snatched the Mobile Banking and Payment Initiative of the Year at the Asian Banking and Finance’ (ABF) 2021 Wholesale Banking Awards and Retail Banking Awards. In giving the award, ABF,...
AC Motors, the automotive arm of the Ayala Corp. conglomerate, aspires to become a pioneer in new energy vehicles sector and preeminent auto group in the country through disruptive technologies four years from now or by 2025 through disruptive technologies. 31456 31456 AC Industrials Chairman and...
The Philippine Health Insurance Corp., commonly known as PhilHealth, needs a long-term plan to fix the agency’s serious systemic problem, the Department of Finance (DOF) said. PhilHealth During a virtual Senate hearing on Wednesday, Sept. 8, Finance Secretary Carlos G. Dominguez III told...
State-run Philippine Amusement and Gaming Corp. (Pagcor) said its uncollected receivables from Philippine offshore gaming operation (POGO) was a result of intensive fight against illegal online gambling. Philippine Offshore Gaming Operation In a statement, the government’s gaming regulator said...
Italpinas Development Corporation (IDC) recently received the EDGE preliminary certification for Miramonti Green Residences Phase 1 from the Philippine Green Building Initiative, Inc. (PGBI). It was signed by Engr. Leandro A. Conti, PGBI chairman and president and Engr. Ramon D. Aguilos, EDGE...
The Privatization and Management Office (PMO) has sought a review of the legal standing of the state-run Philippine National Construction Corp. (PNCC) to manage and develop the government’s 9.9 hectare property in Pasay City. Privatization and Management Office (PMO) In a Department of Finance...
Only bet what someone can afford to lose, this is the reminder of the government’s gaming regulator to cockfighting enthusiasts who play in the new online gambling craze E-Sabong. Philippine Amusement and Gaming Corp. In a statement, the Philippine Amusement and Gaming Corp. (Pagcor) said...
The Philippine Amusement and Gaming Corp. (Pagcor) has lifted the moratorium on new casino operations, ending the more than three-year policy rooted in President Duterte’s previous stance against gambling. Philippine Amusement and Gaming Corp. Andrea D. Domingo, Pagcor chairman and chief...
The bill seeking to amend provisions in the Philippine Deposit Insurance Corporation’s (PDIC) Charter is now up for Senate plenary discussions. Senator Sonny Angara, who chairs the Senate Finance Committee, on Wednesday night (Aug. 25), has sponsored Committee Report No. 287 on Senate Bill No....
The Philippine Amusement and Gaming Corp. (PAGCOR) would accredit eight more e-sabong companies as online cockfight betting is seen to overtake offshore gaming operation in terms of revenue contribution to state coffers. Andrea D. Domingo, PAGCOR chairman and chief executive officer said the...
The Philippine Guarantee Corp. (PhilGuarantee) is on track to hit its guaranteed loan target to the agriculture sector this year, the Department of Finance (DOF) said. In a statement released by the DOF, Alberto Pascual, PhilGuarantee president and chief executive officer said their guaranteed...
The Philippine Health Insurance Corp., commonly known as PhilHealth, may need to revise its coverage as the state-run company struggles to pay off its debt, the government’s chief economic manager said. PhilHealth Finance Secretary Carlos G. Dominguez III said that PhilHealth’s massive spending...