CBS China Bank Savings, the retail lending arm of China Banking Corporation, is now one of the few Philippine thrift banks that boast of a digital on boarding app. This comes after the bank rolled out CBS GO, its mobile app to boost financial inclusion and speed up the shift to a cash-lite economy....
A special stockholders' meeting of the Bank of the Philippine Islands (BPI) is set to happen on January 17, 2023 at 9:00 A.M . The remote meeting will be done via website link http://www.ayalagroupshareholders.com/ . A copy of the official announcement published in Manila Bulletin broadsheet is...
President Ferdinand "Bongbong" Marcos Jr. has named former Supreme Court (SC) associate justice Dante Osorio Tiñga as the new acting chairman of the Development Bank of the Philippines (DBP), Malacañang confirmed. (Photo from Rica Tinga/Facebook) Office of the Press Secretary (OPS)...
Bank of the Philippine Islands (BPI) will conduct a special virtual meeting of stockholders via http://www.ayalagroupshareholders.com/  on Tuesday, January 17, 2023 at 9:00 A.M. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Four more government financial institutions (GFIs) have signed up in the national housing program of the Marcos administration, the Department of Human Settlements and Urban Development (DHSUD) disclosed on Thursday, Dec. 22. DHSUD Secretary Jose Rizalino Acuzar said he already signed an agreement...
Officials of the Bureau of Customs Project Management Unit (BOC-PMU) met with representatives of the World Bank and discussed matters to further improve the services especially at the Manila International Container Port (MICP). In a statement, the BOC said World Bank representatives led by...
The Securities and Exchange Commission has confirmed that the Bank of the Philippine Islands’ P5-billion 1.5-year Peso Fixed-Rate Bonds due 2024 called BPI Reinforcing Inclusive Support for MSMEs Bonds (BPI RISE Bonds) has qualified as ASEAN Social Bonds. The bank said in a disclosure to the...
The Asian Development Bank (ADB) raised this year’s growth forecast for the Philippines on stronger-than-expected domestic demand, but it expects the expansion to move at a much slower pace next year due to financial tightening and global headwinds. Based on the latest supplement to the Asian...
Two development partners of the Philippines and a US-based think tank have recommended the establishment of a sovereign wealth fund (SWF), the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said the Asian Development Bank (ADB), the International Monetary...
Citizen Watch, an independent network of advocates seeking to raise the interests of the public, said in order to “embrace digitalization,” the country needs to boost its digital infrastructure and at the same time upgrade the digital skills of Filipinos. (Unsplash) For Citizen Watch...
The Department of Agriculture (DA) has welcomed the suggestions of the World Bank’s Philippines Economic Update (PEU) December 2022 Edition that centers in increasing the efficiency and effectiveness of government spending in the sector of agriculture. FARMERS in Western Visayas region are urged...
State-run Social Security System (SSS) announced that it has entered into agreement with Union Bank of the Philippines (UBP) and Rizal Commercial Banking Corp. (RCBC) for the issuance of Unified Multi-Purpose ID (UMID) ATM Pay Cards. In a statement, Michael G. Regino, SSS president and chief...
