Fortune Life Insurance Co., a Filipino-owned corporation and one of the leading insurance companies, is now accepting payment from its regular policyholders through the Banco de Oro On-Site Payment Facility.

Policyholders can now pay at any of the 18 Banco de Oro-On Site branches upon their presentation of the premium due notice and preparation of the bills payment slip.

Fortune Life recently made a tie-up with BDO Financial Services Inc. (BDOFSI) to provide an accessible and extensive network of payment facilities for their growing number of clients.

Policyholders of Fortune Life can now pay their premium bills at any BDO On-Site branches at SMs Megamall, North Edsa, Sta.Mesa, Fairview, Manila, Sta. Rosa, Pampanga, Lipa, Clark, Bicutan, Bacoor; Marikina Riverbanks from 10 a.m. to 7 p.m. daily.  Those who are near Tutuban Center Mall can pay from 9 a.m. to 6 p.m.

Present during the contract signing were Fortune Life’s executive vice president-general manager, Evelyn T. Carada, and Ma. Cielo B. Pastrana, assistant vice president for treasury. 

BDO was represented by Rolando C. Tanchanco, president; Edward Eli B. Tan, senior manager; Imelda I. Elido, vice president- business head; Ursula M. Coronel, operations manager; and Raul N. Natividad, assistant vice president at Compliance Office.

Fortune Life sees its partnership with Banco de Oro as strategic in delivering extra service through accessible facilities and for a long-term relationship in the service to the insuring public.

THE country’s poor may not only be poor by circumstance but by choice.

In his online column “Statistically Speaking,” National Statistical Coordination Board (NSCB) secretary-general Romulo Virola said poor and uninformed choices of Filipinos to have more children worsens poverty in the country.

THE South Korean government has signed a two-year framework arrangement with the Philippines worth $300 million and a $20 million-worth Compact Loan Facility to be used for loans for various infrastructure projects of the government.

SENATE leaders are inclined to slash the reported P13.5-billion budgetary insertions made by the House in the 2008 budget bill when the bicameral conference committee gets back to work to reconcile conflicting provisions in the Senate and House versions of the annual money measure, according to Senate President Manuel Villar Jr.

THE Bureau of Immigration (BI) has called upon the Department of Foreign Affairs and the Department of Tourism about changes in existing regulations of the Immigration to conform with the changing times and to encourage more foreign investors and tourists to come into the country.

SARA, Iloilo—Seeing better economic opportunity in a new corn seed technology, farmers in this chiefly agricultural town are now expanding to the upland areas, slowly turning the province into a major corn producer.

A SPANISH Chamber of Commerce Inc. member-business has bought the franchise of an American restaurant despite the latter posting declining sales.

THE United Nations Economic and Social Commission for Asia and the Pacific (Unescap) thumbed down the measures implemented by Asian governments, including those made by the Philippine government, to help exporters cope with weaker demand and stronger currencies.

Fortune Life Insurance Co., a Filipino-owned corporation and one of the leading insurance companies, is now accepting payment from its regular policyholders through the Banco de Oro On-Site Payment Facility.