Albay 1st district Rep. Edcel Lagman (Manila Bulletin) The proposed merger of the Landbank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) can only happen through the action of Congress. Independent minority congressman, Albay 1st district Rep. Edcel Lagman gave this take...
BACOLOD CITY – The city government has obtained a P4.4-billion loan from the Development Bank of the Philippines (DBP) to fund priority projects. THE city government of Bacolod has obtained a P4.441-billion loan from the Development Bank of the Philippines to fund priority project. The loan...
Senator Risa Hontiveros (Senate PRIB) Senator Risa Hontiveros on Tuesday, April 18, called for an investigation, in aid of legislation, into the proposed merger of the Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (LBP). In Senate Resolution No. (SR) 570,...
Surigao del Sur 2nd district Rep. Johnny Pimentel (Facebook) A ranking congressman expressed confidence that the national government will receive bigger cash dividends from the Land Bank of the Philippines (LBP) after its planned merger with the Development Bank of the Philippines (DBP)....
Former Senate President Franklin Drilon (Senate PRIB) Former Senate President Franklin Drilon on Monday, April 10 said the President already has the power under the GOCC Governance Act to direct the merger of the state-owned Land Bank of the Philippines (LBP) and the Development Bank of the...
The House minority bloc won't oppose the planned merger of the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) for as long as Filipino farmers and fishermen won't get left out in the cold. 4Ps Party-list Rep. Marcelino Libanan (Facebook) This was the simple...
A good idea. That's how Albay 2nd district Rep. Joey Salceda described the proposal from Malacañang to merge government financial institutions (GFIs) the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP). Salceda said in a statement Wednesday afternoon, March 29,...
President Ferdinand "Bongbong" Marcos Jr. is keen on merging the Development Bank of the Philippines (DBP) and the Lank Bank of the Philippines (Land Bank), which he called as a game changer amid recent financial developments abroad. Marcos presided over a meeting with the economic team on Tuesday,...
HEARD IT THROUGH THE GRIPEVINE: OUR NEW ABNORMAL As talks swirl about a plan to merge our two state-owned lending institutions, the Land Bank and the Development Bank of the Philippines (DBP), it may make sense to first appreciate that this is a “revival” of an old tune — one that’s brought...
From left: CPF Philippines Vice President, Phaisarn Rewriab; CPF Philippines Chief Finance Officer, Supakitti Bunvet; CPF Philippines President, Udomsak Aksornphakdee; DBP Senior Vice President, Carolyn I. Olfindo; and DBP Assistant Vice President, Rallen O. Verdadero. State-owned Development Bank...
State-owned Development Bank of the Philippines (DBP) is set to launch the fourth batch of scholars under its flagship corporate social responsibility (CSR) initiative, the DBP Resources for Inclusive and Sustainable Education (RISE) scholarship program, a top official said. DBP President and Chief...
NCIP approves ANI project with Bagobos By James A. Lpyola The rice and corn production project of AgriNurture Inc. (ANI), in partnership with the Unified Bagobo Tagabawa Tribe (UBTT) of Davao del Sur and North Cotabato, has been approved by the National Commission on Indigenous Peoples (NCIP) -...
