Recent Posts

Less financial stress in Asia, says Moody’s

Credit watchdog Moody’s Investors Service said the Asian Liquidity Stress Indicator (Asian LSI), which measures the strength of financial system in the region, decreased in November 2017 to 26.4 percent from 27.6 percent in October.

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PLDT group moves to spur financial inclusion

Telecom giant Philippine Long Distance Telephone Co. (PLDT) financial technology unit FINTQ and affiliate Smart’s Voyager Innovations are targeting to include 30 million Filipinos into the financial system by 2020 through a project in collaboration with the Liga ng mga Barangay (Liga), the association of local government units with the largest membership representing barangays nationwide.

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PDIC scores highest in governance index

The regulator Governance Commission for Government –owned and/or –controlled corporations (GCG) and the Institute of Corporate Directors (ICD) gave the Philippine Deposit Insurance Corp. (PDIC) the highest score in the Corporate Governance Scorecard for GOCCs for 2016.

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Chinese firms bid to expand Clark Airport

Seven groups, including large Chinese companies, submitted offers to design and build a passenger terminal that would triple existing capacity of the Clark International Airport, which is being positioned as alternate to Ninoy Aquino International Airport (NAIA).

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TPLEX opens 10-km Binalonan-Pozorrubio stretch

The Tarlac-Pangasinan-La Union Expressway (TPLEX) covering Binalonan to Pozorrubio has been opened to motorists after the Department of Transportation (DOTr) and Toll Regulatory Board (TRB) issued the toll operation permit to Private Infrastructure Development Corp. (PIDC), a subsidiary of San Miguel Corporation.

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