Senator Sherwin Gatchalian has sought a Senate inquiry into the proposed merger between the Landbank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) which is likely to be finalized by the middle 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...
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...
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...
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...
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,...
SPEAKING OUT
Ignacio R. Bunye
The proposed merger between Bank of the Philippine Islands (BPI) and Robinsons Bank Corporation (RBC) continued on track with its recent approval in a special BPI stockholders meeting held last week.
BPI Chairman Jaime Augusto Zobel de Ayala, Vice Chairman Cezar P....
Albay 2nd district Rep. Edcel Lagman has "corrected" the claim that the recent deal between the shuttered ABS-CBN and TV5 violated the latter network's franchise.
TV5 logo
"There is no franchise issue," Lagman, an independent minority solon, said in a letter to House Speaker...
At least two consumer groups have expressed support to the merger of TV-5 and ABS-CBN which is being questioned by some critics.
In a statement, CitizenWatch Philippine convenor Orlando Oxales described the merger as good news to the public as it would help democratize the dissemination of...
SAGIP Party-list Rep. Rodante Marcoleta claimed that the merger between ABS-CBN and TV5 violated a provision in the franchise of the latter.
SAGIP Party-list Rep. Rodante Marcoleta (Facebook)
Marcoleta highlighted this during his privilege speech during the plenary session Monday,...
Senator Leila de Lima is urging the Senate to look into the validity of the reported planned merger of two state-owned banks—the Landbank of the Philippines (Landbank) and United Coconut Planters Bank (UCPB)—as well as into the anomalies that may arise if the government’s plan proceeds.
De...
