All valid insured deposit claims will be paid
Read More“Today, President Aquino signed into law Republic Act No. 10351, otherwise known as the Sin Tax Reform Act of 2012.
Read More“We thank S&P for recognizing the continued improvement of the country’s fundamentals. With this action, we are now only half a step towards formally gaining investment grade, which the market has already given us by rating the Philippines at least two notches above investment grade. This outlook upgrade is another example that good governance is good economics.
Read MoreThe Bureau of Customs (BOC) heightened monitoring of plywood products importations to protect the local plywood industry and consumers has caused the seizure of two (2) forty-footer container vans of misdeclared plywood worth PhP 1.6 million from Shandong, China by alert BOC-Manila International Container Port (MICP) Customs Intelligence and Investigation Service (CIIS) operatives under Deputy Commissioner Danilo Lim.
Read MoreThe Philippine Deposit Insurance Corporation (PDIC) said that consent to the rehabilitation of the Export and Industry Bank (EIB) had come from less than half of the depositors and uninsured creditors of the bank.
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