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SEC launches online portal for corporate amendments
The Securities and Exchange Commission is making it easier for corporations to file amendments to their articles of incorporation or by-laws through a newly launched online portal......»»
PDIC extends loan incentive program for closed bank borrowers
PDIC extends loan incentive program for closed bank borrowers.....»»
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 […].....»»
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility.....»»
Revised manual on the disposal of government properties
The Commission of Audit and Department of Budget and Management released last March 6 a joint circular that aims to update the National Budget Circular 425 dated Jan. 28, 1992 and to guide government agencies concerned in their disposal undertakings......»»
PNP gets bomb disposal robots from US
PNP gets bomb disposal robots from US.....»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
DoubleDragon bolstering asset portfolio
DoubleDragon Corp., the property developer chaired by Edgar “Injap” Sia II and Tony Tan Caktiong, is bolstering its asset portfolio this year as the company looks to sustain its momentum after profit grew by nearly a quarter last year......»»
ED attaches asset worth Rs 70 lakh in bank fraud implicating Hyderabad-based Jasleen Enterprises
New Delhi [India], March 28 (ANI): The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. The Hyderabad division of the ED attached the fixed asset in accordance with the stipulations outlined in the Prevention of Money Laundering Act (PMLA) of 2002. ED initiated investigation on the basis of First Informati.....»»
Metrobank earns record P42.2 billion in 2023
Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»
Notes on the beat: Behind the scenes in the NAIA bidding
It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless......»»
Comelec allocates P465M for internet voting for overseas voters, sets public bidding
Comelec allocates P465M for internet voting for overseas voters, sets public bidding.....»»
DOE wants better TOR for microgrid bidding system
The Department of Energy plans to improve the terms of reference for the next round of bidding for the development of microgrid systems......»»
Comelec opens bidding for indelible ink
Comelec opens bidding for indelible ink.....»»
Comelec sets 2nd bidding for internet voting system
Comelec sets 2nd bidding for internet voting system.....»»
BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project
BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project.....»»
Comelec sets bidding for 2025 poll transmission system
The Commission on Elections plans to start next month the public bidding for the transmission system that will be used in the 2025 midterm elections......»»
Cebu City taxpayers can now avail services online
CEBU CITY, Philippines – Cebu City taxpayers can now avail of services of the Office of the City Assessors (OCCA) through an online portal according to OCCA’s computer division head. Nelyn P. Sanrojo, OCCA’s computer division head, said that clients could now avail of its services such as the issuance of a certified true copy.....»»
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......»»
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”......»»