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Philippine Business Bank seeks universal banking license
Yao-led Philippine Business Bank is looking at obtaining a universal banking license from the Bangko Sentral ng Pilipinas as early as this year......»»
Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing
Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»
Annual stockholders meeting of China Banking Corporation slated in April
China Banking Corporation (Chinabank) will conduct its annual stockholders' meeting in a hybrid format, a combination of in-person and remote attendance, on April 18, 2024, Thursday at 4 p.m......»»
China Banking Corporation to hold annual stockholders meeting in April
China Banking Corporation (Chinabank) will conduct its annual stockholders' meeting in a hybrid format, a combination of in-person and remote attendance, on April 18, 2024, Thursday at 4 p.m......»»
BSP explores impact of Gen AI in banking
The Bangko Sentral ng Pilipinas is studying the impact of generative artificial intelligence in the banking industry as it seeks to implement some “guardrails” to mitigate potential risks......»»
Bunye: The current state of Philippine banking
Bunye: The current state of Philippine banking.....»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
PEZA, SMBC, RCBC partner to attract Japanese investments
The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»
RCBC personal loans go digital
Rizal Commercial Banking Corp. has debuted its latest innovation this 2024, integrating personal loans in its all-in-one digital banking app RCBC Pulz......»»
Cha-cha debate: Can Congress amend Constitution by mere legislation?
Former Supreme Court chief justice Reynato Puno reminds congressmen that this route is not one of the amendments modes spelled out in the Constitution.....»»
Occupation, not invasion
Two congressmen from Cagayan province have called the attention of national authorities regarding the presence of a reported 4,000-plus Chinese nationals allegedly enrolled in three-month short courses in various private schools, mostly in Tuguegarao City......»»
EDITORIAL - Foreign trade barriers
Instead of declaring war on pollster Pulse Asia over its latest survey showing 88 percent of Filipinos opposing Charter change, congressmen can read the report of the office of the US Trade Representative, which details foreign trade barriers in 59 markets including the Philippines......»»
EDITORIAL - Deliberate speed
Congressmen said they wanted to hear it directly from the horse’s mouth.....»»
53 Mindanao lawmakers oppose secession
Describing it as a “step backward,” 53 of former president Rodrigo Duterte’s congressmen-friends in Mindanao have signed a manifesto in the House of Representatives rejecting his call for the secession of the whole region from the entire country......»»
House to adopt Senate’s economic Cha-cha
Party stalwarts in the House of Representatives urged their Senate counterparts yesterday to show their sincerity in introducing economic constitutional reforms by passing Resolution of Both Houses 6, which the congressmen promised to adopt in full......»»
LEGAL RIPPLES: “It’s not Amendment, it’s Revision Stupid!”
DAVAO CITY (MindaNews / 11 January) — Last January 6, 2024, Liberal Party President Edcel Lagman, Representative of the 1st district of Albay, issued a press statement on Charter Change via People’s Initiative launched by Congressmen from the supermajority coalition using People’s Initiative as a mode of amending the Constitution. Lagman raised among others, three basic questions: who […].....»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
Approved without thinking: P26.7-B ‘mysterious ayuda’
Another last-minute insertion in the 2024 national budget has been bared. The P26.7 billion was slipped in by the bicameral conference committee. Senators and representatives then ratified the bicam report. They are all thus answerable to the people for that hanky-panky......»»
After ceasefire, House hopes Senate passes RBH6 by March
Administration lawmakers, under the leadership of Speaker Martin Romualdez in the House of Representatives, are hoping that an inter-parliamentary ceasefire the senators initiated will result in their promise to pass economic reforms in the 1987 Constitution......»»
Senate eyes OK of P100 minimum wage hike
Senators are hoping to approve this week the proposed P100 increase for minimum wage earners as a Valentine’s gift to Filipino workers, Sen. Nancy Binay said yesterday......»»