The Philippine government is strongly urged to fast track the Senate concurrence of the Foreign Account Tax Compliance Act (FATCA) and lift or amend the Bank Secrecy Law to leverage the country’s position in combating financial crime, and promote transparent, effective reporting system, and...
The World Bank (WB) has reiterated its strong support for the Marcos administration in its quest to achieve its vision of becoming a prosperous, inclusive, and poverty-free society by 2040. *File photo* World Bank Managing Director for Operations Anna Bjerde said this as she concluded her two-day...
Malacañang bared that the Asian Development Bank (ADB) will grant the Philippines up to $4 billion to support the country’s socio-economic agenda and other infrastructure development programs for 2023 alone. President Ferdinand 'Bongbong' Marcos Jr. and Asian Development Bank President Masatsugu...
The proposed national food stamp program has received close to $3 million from the Asian Development Bank (ADB) for the program's six-month pilot implementation, a Cabinet member said. Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian (Photo courtesy of PCO) "[T]he ADB was...
Emphasizing that the Philippines is one of the countries that are most vulnerable to climate change, President Ferdinand "Bongbong" Marcos Jr. said the country will incorporate climate resilience and disaster proofing in all societal and infrastructural projects. President Ferdinand 'Bongbong'...
President Ferdinand "Bongbong" Marcos Jr. expressed hopes that the Asian Development Bank (ADB) would continue to support the Philippines in realizing its high-impact projects. President Ferdinand 'Bongbong' Marcos Jr. and Asian Development Bank President Masatsugu Asakawa (Noel B. Pabalate)...
After halting the world for at least two years, President Ferdinand "Bongbong" Marcos Jr. believes that the threat of Covid-19 is now over as he credited the different scientific breakthroughs that allowed governments to respond to the pandemic. *President Ferdinand 'Bongbong' Marcos Jr. (Noel...
After more than two years of grappling with the effects of a deadly virus, President Ferdinand "Bongbong" Marcos Jr. said the Philippines can now shift its focus from fighting Covid-19 to developing the economy and improving the lives of Filipinos. *President Ferdinand 'Bongbong' Marcos Jr. (Noel...
Bank of China (HK) Ltd. – Manila Branch announced it won the “Best Renminbi Bank 2022” by The Asset Triple A TREASURISE (Treasury, Trade, Supply Chain, Risk, ESG) Awards. “We’re honored to receive such a distinguished award. It is a testament to the tireless efforts and unwavering...
The expansion of BDO Network Bank in Casiguran, Aurora last November provided micro-businesses in the area an opportunity to bounce back through access to more financial resources. After coping with the effects of the pandemic, micro, small and medium enterprises (MSMEs) faced another challenge...
Cagayan de Oro 2nd district Rep. Rufus Rodriguez (Facebook) Pro-administration congressman, Cagayan de Oro 2nd district Rep. Rufus Rodriguez wants to be assured of several things first before he can back the proposed merger of state-owned Land Bank of the Philippines (LBP) and Development Bank of...
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...
