Close to 100,000 Aklanons in three municipalities now have access to better health services as a result of a corporate citizenship initiative of the country’s largest bank.

By Riza Lozada The Bureau of Internal Revenue (BIR) will speed up the streamlining of processes for the documentary requirements of micro, small and medium-scale enterprises (MSMEs) renewing business permits following the congressional approval and implementation of the first package of the tax reform law.

Regulator Philippine Deposit Insurance Corp (PDIC) earned P34.5 million from the sale of 18 corporate and closed banks’ properties during a recent public bidding at the Bangko Sentral ng Pilipinas (BSP) – Cebu Regional Office.

The operations of the Overseas Filipino Bank (OFB) which will target some 10 million Filipinos working overseas will likely start in February after policy-making Monetary Board (MB) approved the Land Bank of the Philippines’ (Landbank) recent acquisition of the thrift bank.

State-owned Development Bank of the Philippines (DBP) seeks to expand its presence in the retail banking segment by targeting one million new depositors in the next five years, DBP President and Chief Executive Officer Cecilia Borromeo said.

The Bangko Sentral ng Pilipinas (BSP) is confident of within-target inflation in the near term after the December 2017 inflation was steady at 3.3 percent, bringing the average rate this year to 3.2 percent.

Four new destinations – Bacolod, Tagbilaran, Cagayan de Oro and Virac – will be added to the Philippine Airlines (PAL) route network this mid-December out of the airline’s hub at Clark International Airport in Pampanga.

Tourism Secretary Wanda Corazon Teo met with a Chinese group planning to operate chartered flights from Nanning City in China to the Philippines.

NEW YORK: Delta Air Lines announced December 14 it ordered 100 Airbus planes with an option to buy 100 more, in a blow to Airbus’ American rival Boeing.

A venture between Megawide Construction Corp. and GMR Infrastructure is the front-runner in a public bidding to construct a new passenger terminal at Clark International Airport.