Less than two weeks before President Rodrigo Duterte’s term ends, the government sealed the Asian Development Bank’s (ADB) biggest infrastructure loan package that would connect Metro Manila and Calamba in Laguna through a railway system. At a signing ceremony witnessed by President Duterte...
Coca-Cola Philippines, together with Plastic Bank, officially opened the Ecosystem Impact Week on World Oceans Day in Robinsons Place General Trias with a public exhibit on their waste collection initiatives, including a collection booth, where mall goers can bring clean and used plastic bottles...
China Bank Securities (CBSEC) has launched ChinaBankSec Online, a digital stock trading platform for buying and selling stocks listed at the Philippine Stock Exchange (PSE). In a statement, the stock brokerage said ChinaBankSec Online is accessible on various platforms and devices—online on...
The Asian Development Bank has vowed to support President-elect Ferdinand “Bongbong” Marcos Jr. and his administration’s initiatives after ADB President Masatsugu Asakawa met with him on Monday, June 13. (Screenshot from Facebook live) “The Philippines is a key partner for ADB. We have...
BAGUIO CITY – A former bank employee wanted for graft and corruption was arrested by the Criminal Investigation and Detection Group (CIDG) and Baguio City Police Office here last June 6 after 23 years of hiding. The suspect, Josefina Salcedo Lopez, 69, was nabbed at her residence for violating...
The Department of Finance (DOF) reported on Monday, June 13, that two government-owned banks have facilitated the distribution of over P8.2 billion in cash aid to qualified small palay farmers as part of the Rice Farmers Financial Assistance Program (RFFA). Citing data from the Department of...
More diplomats are scheduled to pay courtesy visits on President-elect Ferdinand “Bongbong” Marcos Jr. on Monday, June 13. President-elect Bongbong Marcos (BBM Media Bureau) Among those who are scheduled to visit Marcos, Jr. are Ambassador Marat Pavlov of Russia, Ambassador Hmed Shehabeldin...
The Asian Development Bank (ADB) has approved up to $4.3 billion loan to help finance the construction of nearly 55 kilometers of modern suburban railway line connecting Metro Manila with the city of Calamba in Laguna. In a statement, the Manila-based multilateral institution said on Thursday, June...
Outgoing Surigao Del Sur 1st district Rep. Prospero Pichay has issued a statement countering the Sandigbayan’s conviction of him for multiple charges of graft. Prospero A. Pichay Jr. Read more here:...
State-lender Development Bank of the Philippines (DBP) will help build the Marquee Doctors Medical Center, Inc. (MDMCI) in Pampanga to boost the availability of quality and affordable healthcare services in the province. In a statement Thursday, June 9, Emmanuel G. Herbosa, DBP president and chief...
State-owned Development Bank of the Philippines (DBP) has signed a memorandum of agreement with the Philippine Deposit Insurance Corporation (PDIC) to facilitate the payment of insurance claims to depositors of closed banks, a top official said. DBP President and Chief Executive Officer Emmanuel G....
media In its 2019 Financial Inclusion Survey, Bangko Sentral ng Pilipinas (BSP) noted about 51.2 million unbanked Filipinos, translating to a whopping 71 percent of the entire adult population. But when the pandemic started, there was a big jump in account ownership due to the digitalization of...
