Roberto B. Tan Roberto B. Tan, president and chief executive officer of the Philippine Deposit Insurance Corporation (PDIC), was elected to the Executive Council of the International Association of Deposit Insurers (IADI). Tan was elected during IADI's 23rd Annual General Meeting in Tokyo, Japan....
TOP STATE DEPOSIT INSURER — Top-ranked GOCC for corporate governance and performance. The Governance Commission for GOCCs recognized the Philippine Deposit Insurance Corp. (PDIC) as a top-ranked state deposit insurer in the 2023 Corporate Governance Scorecard. This acknowledgment was part of the...
Renewable power firm Alternergy Holdings Corporation announced that it will lease land from the Philippine National Railways (PNR) for the switching station of its Alabat Wind Power Project. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Nov. 26, Alternergy stated that its...
San Miguel Corporation (SMC) is set to open new lanes on the South Luzon Expressway (SLEX) next month in a bid to decongest traffic in the area. In a statement, SMC said it will open the new 6x6 lanes of SLEX in the third week of December. The expansion covers a 29-kilometer stretch from Susana...
National Grid Corporation of the Philippines (NGCP) has energized the Cebu-Bohol Interconnection Project (CBIP), a new transmission facility that will address the growing power demand in the region. In a statement on Tuesday, Nov. 26, NGCP said the CBIP "will play a crucial role in improving...
“The secret of getting ahead is getting started” – Mark Twain. With rising living costs, saving is tough for many Filipinos, especially minimum wage earners. Waiting for a higher income to save makes it harder to develop the habit. While income affects saving, low income shouldn't hinder...
The International Finance Corporation (IFC), a member of the World Bank Group, has called on the Philippine private sector to intensify efforts in disaster risk reduction (DRR) and resilience building. “People talk about DRR here; the government has a lot to say about DRR, but the private sector,...
The Philippines once again failed in the pass-or-fail corruption benchmark needed to secure grant assistance from the United States aid arm Millennium Challenge Corp. (MCC). MCC's fiscal year 2025 Country Scorebook released on Nov. 21, which listed down the possible compact and threshold program...
President Marcos has urged farmers and fisherfolk in Isabela to enroll under the government's insurance program to protect their livelihood. In his speech during the distribution of certificates of land ownership award (CLOAs) and certificates of condonation with release of mortgage (COCROMs) in...
Tanco-led DigiPlus Interactive Corporation is investing an initial P660 million for its foray into Brazil's $2 billion online gaming market. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of directors approved the funding of P660 million to cover Brazil gaming...
Isuzu Philippines Corporation (IPC) proudly announces its recent achievement of the ISO 9001:2015 certification for its Quality Management System. The certificate was officially awarded by TÃœV Rheinland in a formal ceremony on November 11, 2024, led by IPC President, Tetsuya Fujita. This...
Tanco-led DigiPlus Interactive Corporation’s wholly owned subsidiary, DigiPlus Brazil Interactive Ltd., has moved to the final stages of acquiring an online gaming license that will kick off its expansion in the $2 billion Brazilian market. In a disclosure to the Philippine Stock Exchange (PSE),...
