Recent Posts

Pagcor bankrolls program to develop football stars

An additional 55,000 Filipino children between six and 13 years old are expected to participate in the Kasibulan Grassroots Football Development Program (2015–2017), organized by the Philippine Football Federation (PFF) through the financial assistance of state-owned Philippine Amusement and Gaming Corp. (Pagcor).

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ALI issues 2nd tranche of P50-B bonds plan

Conglomerate Ayala Land Inc. (ALI) has recently issued bonds worth P7 billion as part of its P50 billion shelf registration. The bonds have terms of 9.5 years maturity and a 4.75 percent fixed rate due 2025. This listing marked ALI’s second tranche of its P50-billion shelf registration for a 12-percent share of the total P551.81 billion listed bonds at the …

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Deutsche Bank, SM tie up to expand local schools

Representatives of Deutsche Bank AG Manila and the SM Foundation with school, Department of Education (DepEd) and Local Government Unit (LGU) officials inaugurated a two-story, four classroom building in the campus of Northern Tacloban City National High School. The donation came complete with desks, tables, blackboards, electric fans with toilet provision for each classroom. The desks and tables were made …

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Banking sector alarmed over system breaches

By Riza Lozada and Jerry Maglunog The series of cases of breach in the security of bank accounts has alarmed banks and their depositors, prompting top lender Metropolitan Bank and Trust Co. (Metrobank) to issue an assurance and advisory to its clients and shareholders that the bank has “sufficient maker-checker controls in place.”

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