The Philippine Deposit Insurance Corporation (PDIC) announced that it will continue to receive and process deposit insurance claims from depositors of the closed Rural Bank of Tagaytay (Cavite), Inc. at…
The Philippine Deposit Insurance Corporation (PDIC) recently signed a memorandum of agreement with the Land Bank of the Philippines (LBP) introducing two new payment schemes to service the payment of…
All valid insured deposit claims will be paid The Monetary Board (MB) placed the Rural Bank of Bangar (La Union), Inc. under the receivership of the Philippine Deposit Insurance Corporation…
“Today, President Aquino signed into law Republic Act No. 10351, otherwise known as the Sin Tax Reform Act of 2012. “This is a historic win for reforms. This is the…
"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…
The 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…
The 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…
A series of meetings with the International Monetary Fund (IMF) Mission on Government Finance Statistics (GFS) were held at the DOF on July 11-13, 2012. The consecutive meetings aimed to…
For the month of November 2012, the BIR collected Php 110.77 Billion in tax revenues, Php 18.02 Billion or 19.42% more than collections made in November of 2011. The collection…
The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against BERNARD B. ANACTA (ANACTA) for willful attempt to evade or defeat tax and…
