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PDIC settles P614 million in deposit insurance claims

State-run Philippine Deposit Insurance Corp. has settled P614 million in deposit insurance covering 15,796 accounts from padlock banks in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

PDIC studying increase in bank deposit protection limit

The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Fili Hotel Celebrates Love with Irresistible Valentine’s Offerings

Love is in the air, and Fili Hotel is set to make this Valentine’s Day an affair to remember with a host of romantic offerings and delightful experiences. Whether you’re looking for the perfect gift or planning a special evening with your loved one, Fili Hotel has you covered. Fili Lobby Lounge Royal Valentine’s Afternoon.....»»

Category: newsSource:  inquirerRelated NewsFeb 8th, 2024

Lisa Macuja unveils Ballet Manila s 2024 offerings; honors late dance partner Osias Barroso Jr.

Ballet Manila revealed its offerings for 2024 under its 26th season "Ballet Master Pieces" and the three off-season shows that will close the year......»»

Category: entertainmentSource:  philstarRelated NewsFeb 1st, 2024

Transactions in coin deposit machines near P400 million

More and more Filipinos are using the coin deposit machines deployed by the Bangko Sentral ng Pilipinas in major malls across the metropolis as part of its coin recirculation program......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

RCBC raises $400 million from oversubscribed sustainability notes

Rizal Commercial Banking Corp. (RCBC) has raised $400 million from its return to the offshore debt market as investors swarmed its sustainability note issuance......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

National Home Mortgage Finance Corp nadale ng hacker

Inanunsyo ng National Home Mortgage Finance Corporation (NHMFC) sa kanilang official website ang insidente ng hacking. The post National Home Mortgage Finance Corp nadale ng hacker first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Rep. Ralph Recto itinalagang bagong finance secretary

MAY napili na si Pangulong Bongbong Marcos na bagong uupong hepe para sa Department of Finance (DOF). Kinumpirma ng Malacañang na ang itinalagang bagong finance secretary ay ang Deputy Speaker at Batangas Representative na si Ralph Recto. Ayon kay Presidential Communications Office Secretary Cheloy Garafil, nakatakdang manumpa sa pwesto si Rep. Ralph ngayong January 12......»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Cha-cha mabobokya kapag sinahugan ng term extension

Baka wala nang sumuporta sa Charter change kapag isinama ang diskusyon sa term extension ng mga opisyal ng gobyerno, babala ni Senate President Juan Miguel Zubiri. The post Cha-cha mabobokya kapag sinahugan ng term extension first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

Explained: PDIC and How It Works

At some point, I’m sure you’ve seen the acronym “PDIC” and “PHP500,000” together somewhere, especially if you’re constantly in digital banking apps or physical branches up and about. In the world of finance, understanding mechanisms that safeguard your hard-earned money is of utmost importance. One key player in this domain is the Philippine Deposit Insurance […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

Marcos names UP economics professor as finance undersecretary

President Marcos has appointed University of the Philippines Economics associate professor Renato Reside as undersecretary of the Department of Finance, the Presidential Communications Office announced yesterday......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery

By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Ralph Recto’s game plan

On March 20, 2024, at the Fairmont Hotel ballroom, the Manila Overseas Press Club holds its “Finance Night” with Finance Secretary Ralph G. Recto as guest of honor and speaker......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

SEC strengthens push for sustainable finance

The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

HIRING | Project Finance Officer

The Mindanao Institute of Journalism, Inc. is looking for a Project Finance Officer......»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

Finance officer sa mga terorista nadakpan

Finance officer sa mga terorista nadakpan.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

SB Finance bags Asian Management Excellence Awards 2024

SB Finance has been recognized by the Asian Management Excellence Awards 2024 with the citation “Philippines - Team of the Year - Financial Services” during the awarding ceremony held recently in Bangkok, Thailand......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Diokno’s back, but Bangko Sentral ‘not sure’ if Ralph Recto will sit in its powerful Monetary Board

'There’s an appointed secretary of finance but me personally, I’m not sure if the secretary of finance will sit as a member of the Monetary Board,' says BSP Deputy Governor Eduardo Bobier.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024

New finance chief eyes carbon tax

Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Ralph Recto sworn in as new Secretary of Department of Finance

House Deputy Speaker Ralph Recto [link] was sworn in as the new Secretary of the Department of Finance on Friday, replacing the former Secretary, Benjamin Diokno, in a move that has been seemingly in the works for quite some time......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024