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Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
Making the switch
Brand loyalty is a major goal for companies that intend to stay in the game for a long, long time. Building a loyal customer base ensures the company’s sales and profitability, which could ultimately result in longevity of the corporate entity......»»
Maya lauded globally as Philippines’ Best Digital Bank
2023 marked a milestone for Maya, reaching an impressive three million depositors. Dominating the industry, Maya commands 57% of the total digital bank depositors, as reported in September 2023 by Bangko Sentral ng Pilipinas (BSP). .....»»
SEC orders Infinity8 to halt operations
The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»
EDITORIAL - Minimum inconvenience
With just over a week to go before the deadline, 313 routes in the National Capital Region still lack a consolidated transport service entity, according to data from the Land Transportation Franchising and Regulatory Board. After a one-month grace period, the LTFRB says it will no longer give another extension of the deadline, as it cited a 76.6 percent consolidation rate nationwide......»»
NMP nabs 'Outstanding e-NGAs User Entity Award'
NMP's remarkable use of the Electronic New Government Accounting System (e-NGAs) received recognition for its commitment to transparency and the timely submission of financial statements and other reports for FY 2022, as mandated by the Commission on Audit (COA)......»»
SEC revokes license of alleged pyramid firm
The Securities and Exchange Commission has revoked the corporate registration of an investment-taking entity employing a pyramid-like scheme......»»
BDO Unibank, SM Keppel land: Notice of Merger
BDO Unibank Inc. announces a merger agreement with SM Keppel Land Inc., with BDO as the surviving entity......»»
Hotel101 moves one step closer to NASDAQ SPAC listing
Hotel101, the global “condotel” subsidiary of Injap Sia’s Double Dragon, announced that it signed a definitive merger agreement with the British Virgin Island-registered JBSPAC Acquisition Corp., with the intent of listing the merged entity on the NASDAQ stock exchange under the symbol “HBNB”......»»
RCBC to surrender trust license
Rizal Commercial Banking Corp. (RCBC) is looking to surrender its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
RCBC surrenders trust license
Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
Lawyer claims Isko Ouano was a victim of ‘mistaken identity’
LAPU-LAPU CITY, Cebu — The legal counsel of Francisco “Isko” Ouano believed that his client was a victim of mistaken identity. Lawyer Nelson Macabocsit said he was prepared to prove that Ouano was innocent of the robbery and extortion charges against him. Ouano, 48, along with two other accused – Joselito Agtuca, 46, and German.....»»
M2 MacBook Air Reaches All-Time Low Prices at Best Buy, Save Up to $300
Best Buy Offers Unbeatable Deals on M2 MacBook Air Models Tech enthusiasts and Apple fans rejoice as Best Buy announces its latest promotion on the.....»»
Sharon patuloy na ipaglalaban si Kiko: The best DAD, the best HUSBAND!
TINAWAG na “best husband” at “number 1 fan” ni Megastar Sharon Cuneta ang kanyang mister na si former Sen. Kiko Pangilinan. Pinusuan at ni-like nang bonggang-bongga ng mga Sharonians ang mensahe ng movie at TV icon kay Kiko para sa selebrasyon ng kanilang 28th wedding anniversary ngayong taon. Baka Bet Mo: B-day message ni Jessy.....»»
Nadine Lustre may sikreto sa pagiging best actress
VERY UNEXPECTED para kay Nadine Lustre ang lahat ng magagandang nangyari sa career niya sa last quarter ng taong 2022. Naging top grosser ang horror film niyang Deleter sa Metro Manila Film Festival at siya rin amg nanalong best actress. During the victory thanksgiving party ng Deleter ay naibahagi ni Nadine kung paano siya nagiging […] The post Nadine Lustre may sikreto sa pagiging best actress appeared first on Pinoy Parazzi......»»
Cheating…..
CEBU CITY, Philippines— What does ‘probability’ mean? According to Merriam-Webster, it can mean two things: the chance that a given event will occur a logical relation between statements such that evidence confirming one confirms the other to some degree Just recently, a US divorce lawyer Kate Simonds shared some of her insights about the probability.....»»
Military hubris at play in envi activists’ case
To recall, the two activists, Jhed Tamano and Jonila Castro, both in their early 20s, were kidnapped and held in secret custody for 17 days in September last year. Presented at a press conference purportedly to announce that they had surrendered, the two instead accused the military of abducting them. Taken by surprise, the authorities were shocked into releasing them pronto. The post Military hubris at play in envi activists’ case appeared first on Bulatlat......»»