Finance Secretary Carlos Dominguez III and Land Bank of the Philippines (LANDBANK) President-CEO Cecilia Borromeo unveil the marker for the newly inaugurated LANDBANK Corporate Center in Davao City. Joining them are (from left to right) LANDBANK Director Jaime Miralles, Davao City Councilor Diosdado Mahipus Jr. (representing Davao City Mayor-elect Sebastian Duterte), Mindanao Development Authority Chairperson Maria Belen Sunga-Acosta, LANDBANK Vice President for National Development Lending Sector Liduvino Geron, and LANDBANK Executive Vice President for Corporate Services Sector Alex Lorayes.

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Dominguez leads inauguration of LANDBANK’s Davao Corporate Center

DAVAO CITY—Finance Secretary Carlos Dominguez III said Friday the inauguration of the new corporate center of the Land Bank of the Philippines (LANDBANK) in this city represents the institution's investment…

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IC reports P2.93-B Covid insurance claims in Q1 2022

Insurance claims related to COVID-19 amounted to P2.93 billion in the first quarter of this year, with life insurance benefits accounting for 61 percent or P1.79 billion of the payouts,…

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PHL withdraws from global initiative on extractives transparency

The Philippines has withdrawn from the Extractive Industries Transparency Initiative (EITI) on the back of questionable metrics and procedures for assessing the compliance of implementing-countries with the international organization’s transparency…

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FIRB bares non-compliance of IPAs with CREATE reportorial requirements

The Fiscal Incentives Review Board (FIRB) Secretariat has revealed that only four investment promotion agencies (IPAs) have complied fully with the requirement under the Corporate Recovery and Tax Incentives for…

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Fiscal consolidation to make PH public debt more sustainable —PIDS

The Philippine Institute for Development Studies (PIDS) has underscored the need for a fiscal consolidation program, complemented by an economic stimulus package focused on investments in infrastructure and social services,…

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