At a meeting of the government’s cabinet officials to prioritize the cabinet’s legislative proposals, Finance Secretary Cesar Purisima put forward a list of proposed bills to answer key economic concerns of both the government and private sector. The meeting will result in a list of measures which the executive branch will propose for legislative action at the start of the 16th Congress on July 22, coinciding with President Benigno S. Aquino III’s State of the Nation Address.
Read MoreFinance chief calls out to biz franchisees to pay correct taxes
The Philippine Deposit Insurance Corporation (PDIC) will service the deposit insurance claims of depositors of the closed Rural Bank of San Fernando (Cebu), Inc. from July 18 to 26, 2013. Servicing of claims will be conducted at the bank’s premises located in San Fernando, Cebu. The PDIC will start paying deposit insurance claims 13 days after the bank was taken over on July 5, 2013.
Read MoreThe Philippine Deposit Insurance Corporation (PDIC), the Receiver of the closed Rural Bank of Naval (Biliran), reminded borrowers of the bank to continue to pay their loans and transact only with authorized PDIC representatives.
Read MoreThe Bureau of Customs (BOC) unrelenting campaign against smuggling has again caused the seizure of Php42 million worth of illegally imported sugar and rice by alert operatives of the Port of Manila – Customs Intelligence and Investigation Service (POM-CIIS), an operating unit of the Intelligence Group (IG) under Deputy Commissioner Danilo Lim, during the period May 26 to June 3 this year.
Read More