Govt bares plan to withdraw NG deposits in UCPB

The government is winding down its support for the United Coconut Planters Bank (UCPB) and should soon set in motion a likely phased withdrawal...

DOF unwilling to forego VAT worth P100 billion

Some P100 billion worth of value-added tax (VAT) would escape the tax net under a legislation creating the real-estate investment trust (REIT) program and...

Repurposed Postal Bank to serve as OFW lender

The Department of Finance (DOF) has already submitted a draft executive order for the Land Bank of the Philippines (LandBank) to service the financial...

Economic managers fast-track project approval process

The Investment Coordination Committee-Cabinet Committee (ICC-CC) is set to recommend to the National Economic and Development Authority (Neda) board the further streamlining of the...

PH-OGP, The Philippine open government partnership

Part Two Again, to recall, the Philippine Open Government Partnership (PH-OGP) “aims to secure concrete commitments from governments to promote transparency, empower citizens, fight corruption ...

Powering capital markets for more inclusive growth

A lot has been accomplished in reforming the Philippines’s capital markets over the past decade, from the diversification of financial institutions’ offerings, to the...

Union For Life starts selling guaranteed issue offer products

Union for Life, the bancassurance partnership of Insular Life and Union Bank of the Philippines (Union Bank), recently launched two guaranteed issue products exclusively...

Solon eyes quick recovery of stolen Bangladeshi funds to help Dhaka...

Senate President Aquilino L. Pimentel III on Wednesday urged the government to intensify the hunt for the money launderers involved in the Bangladesh Bank heist so...

Banks virtually ignore TDF windows

The various banks hesitated to part with much of their money on Wednesday and brought far less of the resources to the term deposit...

Associations in Malaysia

Upon invitation by the Malaysia Convention and Exhibition Bureau (MyCEB), I spoke about association transformation and leadership at the Third  Malaysian Association Next (MyNext)...

Asean primed for a digital future

Half a century into the Asean  story, the growing importance of digital innovation will shape the next wave of economic development. As the Asean turns...

Ten-year Treasury rate falls as BTr tests enhanced trading mechanism

Ten-year Treasury bonds the government put out on Tuesday sold the full P15 billion as intended and at the same time proved the critical...

Unescap declares Manila most ready among Asean peers to pursue infra...

The United Nations Economic and Social Commission for Asia and the Pacific (Unescap) has found the Philippines most ready among its peers in the...

Trade group backs new commodity import policy

The Philippine Cement Importers Association (PCIA) on Tuesday expressed full support for the Department of Trade and Industry (DTI) that rejected the adoption of...

PHL water execs share center stage in Korea

Leaders of Metro Manila’s water-supply system discussed in Korea’s two major water conferences this week the 10-year water-security program under the Duterte administration and...

PH-OGP, The Philippine open government partnership

Part  One Simply, we wish to bring to greater awareness this ongoing program that promises long-lasting positive influence to good governance in the government,...

Policy rate seen steady as peso weakness counterpoint

The Bangko Sentral ng Pilipinas (BSP) is expected to keep a steady hand over the monetary-policy levers when the seven-man policy-making Monetary Board meets...

Biazon proposes end to sham consignees

A former commissioner of the Bureau of Customs (BOC) and now a lawmaker is proposing an accreditation system meant to stop the unscrupulous use...

Regulator cites insurer for confidence-building pre-need reserve boost

The Insurance Commission (IC) has lauded PhilPlans First Inc. (PhilPlans) for adopting the lowest discount rate set forth by the IC for preneed companies...

HSBC jury to consider if forex trader was front-running or hedging

HSBC Holdings Plc. code-named a $3.5-billion currency trade “Project Shine” and swore traders to secrecy to reassure its clients would get the best price. Mark...