The Philippine Health Insurance Corporation (PhilHealth) has already reimbursed nearly 80 percent or about P231 billion of the total hospital claims, an official said Saturday, June 19. (MANILA BULLETIN FILE PHOTO) Dr. Shirley B. Domingo, PhilHealth’s vice president for Corporate Affairs and...
The Development Bank of the Philippines (DBP) Friday, (June 18) unveiled a P12 billion credit facility to boost pork production. The bank works closely with the Department of Agriculture (DA) and stakeholders in the hog industry to increase pork production to meet consumer demand and stabilize the...
Plastic Credit Exchange (PCX), the first global non-profit plastic offset program, recently partnered with Microsoft to develop a blockchain-protected credit registry. The revamped credit registry will ensure the public and relevant stakeholders that all transactions within the Exchange are secure,...
Debt-watcher S&P Global’s affirmation of the Philippines’ investment grade status is a vote of confidence in the country’s medium-term growth prospects despite challenges posed by COVID-19, the government’s chief economic manager and central bank governor said. Finance Secretary Carlos...
Debt watcher S&P Global has affirmed the Philippines’ investment grade credit rating as the nation’s growth prospects remain strong despite the unprecedented economic shock from the pandemic. 8682 S&P Global maintained the country’s “BBB+” credit score with a “stable” outlook,...
Young entrepreneurs, small-scale farmers, and fisherfolks who were affected by the coronavirus disease (COVID-19) pandemic were prodded to avail of the Department of Agriculture's (DA) loan offers to help them recover and get out of the doldrums. (Photo courtesy of the Department of Agriculture) In...
The government pandemic task force has allowed the implementation of Philippine Health Insurance Corporation's (PhilHealth) new debit-credit payment for health care facilities in all places with high risk of coronavirus infection. The decision aimed at hastening payment of hospital claims was...
Credit cardholders will pay lower credit card dues for the entire year after the Bangko Sentral ng Pilipinas (BSP) extended the two-percent per month or 24 percent per year ceiling on interest rate or finance charge on unpaid outstanding credit card balance. BSP Governor Benjamin E. Diokno (Credit:...
Security Bank Corporation reported that the Japan Credit Rating Agency, Ltd. (JCR) has affirmed its A- investment grade credit rating with stable outlook, the same level as the Philippine sovereign rating. In a disclosure to the Philippine Stock Exchange, Security Bank quoted JCR as saying that the...
Glaiza de Castro Glaiza de Castro couldn't help but express disappointment over the "stress" that her "hacked" credit card has been given her. The newly-engaged star even called out the said bank on her Twitter account. "Una, na hack ang IG, tapos Facebook, tapos credit card. Hay....
It was Credit Suisse roll-ing out the welcome mat for Dioceldo Sy’s upcoming birthday, with a very special dinner at Old Manila, Manila Peninsula. At the dinner feted by Credit Suisse for Dioceldo Sy’s upcoming birthday. Noted entrepreneur Dioceldo Sy prides himself on the quality of the strong...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said Thursday that the BSP could extend the imposition of a two percent ceiling on credit card interest rates for longer than six months to help Filipinos better manage their credit card debts. “That can be extended beyond the original...
