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Philippines
Tuesday, January 14, 2025

Business

PH deposit insurance levels at international standards even after remittance of idle funds to BTr

The country’s deposit insurance levels are consistent with international standards even after the Philippine Deposit Insurance Corporation (PDIC) remitted its idle funds to the Bureau of Treasury (BTr) in support of government-wide efforts to boost the economy by funding the national government’s priority projects. “We assure the public that after the remittance, the Deposit Insurance Fund (DIF) of the PDIC remains adequate to cover risks in the banking system and...

Cebuana Lhuillier ventures into future of payments at Plan B Forum in Lugano, Switzerland

Cebuana Lhuillier, the Philippines’ leading microfinance institution, is stepping into the future...

SmarTrade: Financial growth, knowledge your best presents this Christmas

The holiday season is upon us, a time for festive celebrations, cherished...

Unlock a world of investments with Pru Life UK’s PRULink Flexi Income Fund

Leading life insurer Pru Life UK introduces the new PRULink Flexi Income...

Driving sustainable business practices: SGS PH, PLDT Enterprise collaborate for environmental responsibility

SGS Philippines Inc. (SGS), a global leader in testing, inspection, and certification, has...

Maya brings cashless convenience, rewards to World Bazaar Festival 2024

Worldbex Services International and Maya, the #1 Digital Bank in the Philippines,...

PH deposit insurance levels at international standards even after remittance of idle funds to BTr

The country’s deposit insurance levels are consistent with international standards even after the Philippine Deposit Insurance Corporation (PDIC) remitted its idle funds to the Bureau of Treasury (BTr) in support of government-wide efforts to boost the economy by funding the national government’s priority projects. “We assure the public that after the remittance, the Deposit Insurance Fund (DIF) of the PDIC remains adequate to cover risks in the banking system and...

Cebuana Lhuillier ventures into future of payments at Plan B Forum in Lugano, Switzerland

Cebuana Lhuillier, the Philippines’ leading microfinance institution, is stepping into the future...

SmarTrade: Financial growth, knowledge your best presents this Christmas

The holiday season is upon us, a time for festive celebrations, cherished...

Unlock a world of investments with Pru Life UK’s PRULink Flexi Income Fund

Leading life insurer Pru Life UK introduces the new PRULink Flexi Income...

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DigiPlus scores double victory at Asia Pacific Enterprise Awards

DigiPlus Interactive, the brand behind popular gaming platforms BingoPlus, ArenaPlus, and GameZone, announced its double recognition at the Asia Pacific Enterprise Awards (APEA) 2024.  DigiPlus...

Cebuana Lhuillier, PayPal unite to drive faster, more affordable cross-border payments

Cebuana Lhuillier, the Philippines' provider of micro-financial services, marked a historic milestone at CrossTech World 2024 in Florida, U.S., as one of two companies...

SCG prioritizes efficiency, sustainable growth in Q3

The Siam Cement Group targets cost reduction, working capital optimization, and business restructuring SCG (Siam Cement Group) reported a slight revenue increase to P609.9 billion...

URC’s state-of-the-art flour mill, set to commence operations in Q4

SARIAYA, QUEZON – Universal Robina Corp. (URC), one of the country’s largest food and beverage firms,  is set to open a new mill in...

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