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How does LTG derive income from PNB when PNB hasn’t declared dividends?

I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Pru Life UK expands presence in key Philippine metros with new general agency offices

Leading life insurer, Pru Life UK, continues to make life and health protection products even more accessible to Filipinos by opening several agency offices across the country......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

Ultra-high-net-worth wealth management? Make sure you re in good hands

Metrobank offers extensive wealth products and services that cater to Filipinos across all life stages—with different goals, risk appetite and financial capacity......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2024

Recto pitches Maharlika fund to Australians

Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

GSIS, PNB allot P1.2 billion for affordable housing

State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

With over 460 million children living in conflict, child protection systems must be strengthened, says UNODC Executive Director

In a world where "460 million children were living in contexts of conflict in 2022", child protection systems must be strengthened, said Ms. Ghada Waly, Executive Director of the United Nations Office on Drugs and Crime (UNODC), at a high-level conference at the European Parliament.  At the Protection of Children in Armed Conflict conference in Brussels, organize.....»»

Category: newsSource:  philippinetimesRelated NewsJan 24th, 2024

New Board Members for UN Voluntary Trust Fund for Victims of Trafficking in Persons Announced

Vienna, 2024: The latest board of trustees of the UN Voluntary Trust Fund for Victims of Trafficking in Persons (UNVTF) has been established.  The board is now constituted of:The five anti-human trafficking experts, representing the five UN Regional Groups, were appointed by the UN Secretary General Antonio Guterres to provide strategic guidance to the Trust Fund over th.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

MUP pensions, Maharlika Fund pose risks to PH economy, says new study

Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

On Australian TV: No ill-gotten wealth? Only a few dared to speak up in Manila

On Australian TV: No ill-gotten wealth? Only a few dared to speak up in Manila.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

On Australian TV: No ill-gotten wealth Only a few dared to speak up in Manila

On Australian TV: No ill-gotten wealth Only a few dared to speak up in Manila.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Security Bank automates wealth management business

Security Bank Corp. has signed a five-year contract to automate its wealth management processes in line with efforts to become one of the most technologically advanced banks in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Security Bank drives digital transformation of wealth management business with Avaloq

Security Bank drives digital transformation of wealth management business with Avaloq.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

SSS taps Metrobank to manage P1.5 billion fund

Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 2024

New pop rock act The Qings launches debut with ‘Parallels’

New pop rock act The Qings launches debut with ‘Parallels’.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Mandani Bay launches second phase of new real estate venture, Mandani Bay Quay

Mandani Bay launches second phase of new real estate venture, Mandani Bay Quay.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Infobip launches viber business calls, new solution for tech-minded entreprenuers

Infobip launches viber business calls, new solution for tech-minded entreprenuers.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches

Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

3 Reasons Why Should Start an Emergency Fund Today

Life is unpredictable, and it often throws unexpected challenges our way. Whether it’s a sudden medical bill, a car breakdown, or losing a job without warning, these unfortunate situations can leave us financially unprepared, causing unnecessary stress and uncertainty. However, a simple yet powerful solution is maintaining an emergency fund. Financial Safety Net A robust […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024