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Marcos signs EO on DBP dividend rate adjustment
President Ferdinand "Bongbong" Marcos Jr. has signed an executive order (EO) adjusting the percentage of net earnings to be declared by the Development Bank of the Philippines (DBP). President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) Under the EO signed by the President on Dec. 9, the...
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Duterte cuts dividend rate of Overseas Filipino Bank
The Overseas Filipino Bank (OFBank) does not have to remit dividends from its 2016 earnings to the national government after President Duterte issued an order cutting its dividend rate. President Rodrigo Duterte (File photo/Malacañang) Under Executive Order No. 146, the President adjusted the...
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