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DoF considering IPOs for LandBank, DBP
The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»
Landbank-DBP merger not pushing through – Recto
The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»
Ralph Recto named as new Finance secretary
In a statement, Senate President Juan Miguel Zubiri said that he welcomes Recto’s appointment as the new Finance chief, remarking that Recto was known in the Senate as the “resident numbers genius.”.....»»
Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos
Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»
BPI sells shares in GoTyme Bank
The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
Rama: Arrest driver of SUV in hit-and-run incident
Rama: Arrest driver of SUV in hit-and-run incident.....»»
Murder case filed vs owner of SUV in hit-and-run incident
Murder case filed vs owner of SUV in hit-and-run incident.....»»
FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court
In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»
Philippines summons China envoy over water cannon incident
Manila, Philippines - Manila summoned a senior Chinese envoy on Thursday to protest a water cannon incident that damaged two Philippine vessels during a patrol in the South China Sea.A coast guard vessel and another government boat were damaged in the April 30 incident near the disputed Scarborough Shoal, according to the Philippines' foreign ministry.Manila and Beijing have a long history of territorial.....»»
LTO orders probe of SBMA road rage incident
The Land Transportation Office has ordered an investigation into a road rage incident that occurred recently at the Subic Bay Metropolitan Authority in Olongapo, Zambales......»»
ICC can t probe Philippines drug war, Marcos tells Germany s Scholz
MANILA, The Philippines: This week, Philippine President Ferdinand Marcos Jr. told German Chancellor Olaf Scholz the International Criminal Court (ICC) has no authority to probe the bloody war against drugs conducted by his predecessor. Marcos discussed the Hague-based ICC's probe during a bilateral meeting with Scholz while visiting Germany. Former President Rodrigo Duterte officially withdrew from the i.....»»
Tarlac tragedy leads to a sad, different revisit of KPop hit song
CEBU CITY, Philippines — A Korean pop (KPop) group’s 2009 hit song “I Don’t Care”, has become a sad song for Filipino netizens this December. This was how some netizens described the Korean group’s 2NE1’s hit song as it became one of the trending topics on Twitter on December 21, 2020 after Sunday’s shooting incident […].....»»
Road rage led to hit-and-run of local basketball player – Police
CEBU CITY, Philippines — Police in Cebu City revealed on Friday, February 9, 2024, that the hit-and-run incident that killed 23-year-old Jeslar Uriel Larumbe was a case of road rage with the suspect really intending to hit the victim with his vehicle. The suspect was identified as Aaron Karl Tan, the owner of the white.....»»
Recto bats for tax, tariff relief for hybrids
Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»
Ralph Recto’s 4Ms: How to survive the Cabinet – and the role of media
Finance Secretary Ralph Recto gets wise advice on how to survive as a member of the Cabinet, and adds a piece of his own.....»»
Recto sees ‘realistic’ 6-6.5 percent growth for Philippines
Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»
Budget surplus unlikely to last – Recto
The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»
Vilma Santos mas priority ang pamilya, payag bang maging FDCP chairman?
PAGKATAPOS ng kick-off ceremony ng Barako Festival 2024 na ginanap sa Lipa City, Batangas na pinangunahan dating congresswoman na si Vilma Santos-Recto kasama ang anak na si Ryan Christian Santos Recto nitong Huwebes, Marso 14, ay humarap naman sila sa media na dumalo para matanong tungkol sa showbiz. Unang tanong kay Ate Vi na ngayong.....»»