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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

PBCom eyes P2 billion from new bond issue

The Philippine Bank of Communications is looking to raise at least P2 billion, with an option to oversubscribe, from the first tranche of its new peso bond program......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Fruitas raises P200 million from corporate notes

Fruitas Holdings Inc. has completed its maiden private placement, raising P200 million from the issuance of corporate notes......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Government borrows P30 billion from T-bonds

The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

SMC to raise P20 billion from bond issuance

Diversified conglomerate San Miguel Corp. intends to raise P20 billion from the offering of the remaining tranche of its bond program......»»

Category: financeSource:  philstarRelated NewsApr 11th, 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

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

Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings

Human rights group Karapatan urged the governments of Germany and the Czech Republic to raise concerns on the “dire lack of accountability and the continuing killings in the Philippines” as Ferdinand Marcos Jr. is on a state visit in the said countries. The post Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

CNN Philippines shutting down as losses exceed P5B

MANILA  —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Bariatric Surgery for Long-Term Blood Glucose Control and Type 2 Diabetes Remission

A recent study supported by the National Institutes of Health has revealed that bariatric surgery may offer better long-term blood glucose control for individuals with.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 29th, 2024

Local execs told: Embark on projects with long-term benefits

With the midterm elections just over a year ahead, President Marcos is reminding local executives to embark on ambitious projects with long-term benefits for constituents and which are insulated from changes in leadership......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Fruitas raises P200-M through sale of corporate notes

Fruitas disclosed that it sold P200 million worth of corporate notes in a private placement to banks and institutional investors......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Tax Notes: BIR issues clarification on the taxation of cross-border services

Tax Notes: BIR issues clarification on the taxation of cross-border services.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

PVO notes drop in egg price

PVO notes drop in egg price.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Lab Notes | Rosario’s black sand: That which we call home

Juan is just one out of many fisherfolk unable to make a living from the sight that greets them in the morning and lulls them at night. When reclamation started in Manila Bay and in Bulacan Aerotropolis, it meant finding source material for dumping, and there is no need to look farther than Cavite whose coasts are rich in black sand. High in iron content, the black sand can be used for concrete and asphalt production—a vital ingredient for built infrastructure. The post Lab Notes | Rosario’s black sand: That which we call home appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Tax Notes: Online sellers subject to 1% expanded withholding tax

Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Government raises P30 billion from T-bond sale

The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024