Economy / Banking

DA, SBMA to put up country’s first border control facility for agri products

Maris Federez   •   July 8, 2021

MANILA, Philippines — The Department of Agriculture (DA) and the Subic Bay Metropolitan Authority (SBMA) are in talks of establishing the country’s first of five border control facilities. In a...

AMLC asked to submit report on efforts to remove Philippines from int’l grey list

Robie de Guzman   •   July 1, 2021

MANILA, Philippines – Senator Grace Poe on Thursday asked the Anti-Money Laundering Council (AMLC) to provide the Senate a written report on efforts to strike the Philippines off the Financial...

Pag-IBIG Fund members save record-high P10.7B in MP2 Savings in Jan-May 2021, up 109%

UNTV News   •   June 23, 2021

Pag-IBIG Fund members collectively saved P10.67 billion under the agency’s voluntary Modified Pag-IBIG 2 Savings program in the first five months of the year, setting another record-high despite the ongoing...

BSP unveils new program to bolster rural banking industry

Maris Federez   •   June 18, 2021

MANILA, Philippines — ​The Bangko Sentral ng Pilipinas (BSP) has launched a program that aims to strengthen the rural banking industry in the country. The BSP, on Friday, said the...

12.2 million Filipinos jobless in Q1 2021 — SWS survey

Robie de Guzman   •   June 17, 2021

MANILA, Philippines — An estimated 12.2 million adult Filipinos were unemployed during the first quarter of the year, the latest survey by the Social Weather Stations (SWS) released on Thursday...

Bicol doctors urge IATF to place entire region under ECQ

Aileen Cerrudo   •   June 16, 2021

Bicol doctors are urging the Inter-Agency Task Force on Emerging Infectious Diseases (IATF-EID) to place the entire Bicol region under enhanced community quarantine (ECQ). This is due to the surge...

We have enough money to vaccinate entire adult population — Finance chief

Maris Federez   •   June 15, 2021

MANILA, Philippines — Department of Finance Secretary Carlos Dominguez III is confident that the country has sufficient funds to have the entire adult population of around 70 million and the...

Businesses, workplaces urged to apply for gov’t safety seal certification

UNTV News   •   June 11, 2021

MANILA, Philippines — As the government looks into gradually reopening more establishments in the coming months, businesses and companies are encouraged to apply for safety seal certification to help boost...

Over 4 million Filipinos jobless in April – PSA

Robie de Guzman   •   June 8, 2021

MANILA, Philippines – The number of jobless Filipinos in the country hit 8.7 percent in April, the Philippine Statistics Authority (PSA) said Tuesday. This translates to 4.14 million unemployed Filipinos...

DOF orders tighter watch on rice imports following tariff cuts

Robie de Guzman   •   June 7, 2021

MANILA, Philippines – The Department of Finance (DOF) on Monday ordered the Bureau of Customs (BOC) to keep a tighter watch on incoming rice imports to ensure the proper collection...

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