PDIC to bid out assets worth P 46.73M on September 27

The Philippine Deposit Insurance Corporation (PDIC) will sell via public bidding on an “as-is, where-is” basis up to 91 real properties with an aggregate minimum disposal value of P46.73 million…

Comments Off on PDIC to bid out assets worth P 46.73M on September 27

BOC Slaps Smuggling Charges Against Six Traders and a Broker

For violating Section 3601, in relation to Section 101 and Section 2530 of the Tariffs and Customs Code of the Philippines (TCCP) including Executive Order No 156 banning the importation…

Comments Off on BOC Slaps Smuggling Charges Against Six Traders and a Broker

Statement of Finance Secretary Purisima on the upgrade of the Philippines to Investment Grade with a Positive Outlook by Moody’s Investors Service

"We are pleased to find out that Moody's Investors Service, after much deliberation, has raised the Philippines to an investment grade rating, with a positive outlook. The Philippines' sound fiscal…

Comments Off on Statement of Finance Secretary Purisima on the upgrade of the Philippines to Investment Grade with a Positive Outlook by Moody’s Investors Service

GCG recommends abolition of PDAF-linked GOCCs

In the last quarter of 2012, President Aquino directed the Governance Commission for GOCCs (GCG) to focus its evaluation on several GOCCs for possible abolition or privatization. Among those GOCCs…

Comments Off on GCG recommends abolition of PDAF-linked GOCCs