Purisima on The Asset Interview with Daniel Yu

TRANSCRIPT: The Asset Interview with Daniel Yu - Sec. Cesar V. Purisima, November 2012 On credit rating actions Purisima: If you look at it from a credit rating standpoint, we're…

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PDIC expands waiver of claims filing to P15,000

The Philippine Deposit Insurance Corporation (PDIC) announced that depositors who have valid savings and demand deposit accounts with balances of P15,000 and below will now be eligible for outright payment…

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Gold Trader from Taguig City gets minted for tax evasion

The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against FRANCOIS JOSEPH XAVIER RAST (RAST), proprietor of Rast Metalor Phils., for four (4)…

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Ampatuan Properties Buyer and his CPA sued for tax evasion

The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against ATTY. ARNEL CORTEZ MANALOTO (ATTY. MANALOTO) for willful failure to supply correct and…

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NG January-October 2012 Fiscal Performance

29 November 2012 , Manila, Philippines: The January to October fiscal deficit of the National Government reached P115.736 billion. The National Government deficit in October amounting to P9.674 billion is…

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Statement on Q3 GDP growth of 7.1%

"We welcome the third quarter GDP figures showing broad-based growth across all sectors, going beyond market expectations and placing us above most of our ASEAN peers. Coupled with the multiple…

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MB places Siam Bank (A Rural Bank), Inc. under PDIC receivership

All valid insured deposit claims will be paid The Monetary Board (MB) placed Siam Bank (A Rural Bank), Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by…

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MB places Ilocandia Community Bank, Inc. under PDIC receivership

All valid insured deposit claims will be paid The Monetary Board (MB) placed Ilocandia Community Bank, Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by virtue of…

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BOC extends services for Yuletide rush

The Bureau of Customs (BOC) has taken steps to clear up the ports of overstaying containers to accommodate the Christmas import surge and prevent any downtime in business operations. "We…

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