PDIC to pay depositors of Barotac Viejo rural bank starting March 15
THE Philippine Deposit Insurance Corp. (PDIC) will service the deposit insurance claims of depositors of the closed Rural Bank of Barotac Viejo (Iloilo), Inc. from March 15 at 16.
NEDA: Inflation rises to 3.3 % in Feb 2017
The National Economic and Development Authority (NEDA) on Tuesday said inflation for the month of February increased to 3.3 percent from 2.7 percent in the previous month.
Removal of load expiry date pushed
Subscribers of prepaid phone will soon not have problems with their unused loads as the House of Representatives is pushing for the removal of expiration date on prepaid loads.
DTI to launch more Negosyo Centers
BY: ROEYNA MAY FAMISARAN
Tuesday, March 7, 2017
ILOILO City – In a bid to help the micro, small and medium enterprises (MSMEs) in the province,...
PH secures P20-B from Japan
Philippine-Japanese trade relations remain robust as the Philippine mission to Japan headed by the Department of Trade and Industry (DTI) secures over P20-billion investment commitments from Japanese firms during the three-day visit.
Economy in ‘monotonic’ uptrend – NEDA chief
The Philippine economy is on a 'monotonic upswing' despite a depreciating peso, Socioeconomic Secretary Ernesto Pernia said on Friday.
SSS releases P1,000 pension hike
The Social Security System (SSS) announced yesterday that around 2.04 million pensioners will now be able to receive the additional P1, 000 benefit.
PCSO to PNP: Stop ‘jueteng’
Philippine Charity Sweepstakes Office (PCSO) general manager Alexander Balutan on Monday once more asked the Philippine National Police (PNP) to seriously crackdown against all forms of illegal gambling operations amid persisting reports that jueteng lords continue to operate with impunity in defiance to President Rodrigo Duterte’s Executive Order No. 13.
Tough drive vs ‘5-6’ loan sharks effective – SEC
The Securities and Exchange Commission (SEC) on Monday said around 200 informal lenders have applied for registration for the “5-6” loan sharks and other usurious practices.
BSP’s Monetary Board closes Rural Bank of Barotac Viejo Iloilo, Inc.
The Philippine Deposit Insurance Corp. (PDIC) took over Rural Bank of Barotac Viejo (Iloilo), Inc. on Feb. 24 after the Monetary Board of Bangko Sentral ng Pilipinas prohibited the bank from doing business in the country.










