For the period from January 1 to November 30, 2012, the Bureau of Customs seized pirated and counterfeit goods amounting to P1,100,000,000.00 which is considered as one of the highest…
Fiscal deficit as of November contained to 45.6% of full-year program BIR surpasses November collection target by 7.6% THE GOVERNMENT contained the fiscal deficit as of November to P127.3 billion,…
Primary Surplus Amounted to P155.037 Billion 27 December 2012, Manila, Philippines - The National Government fiscal deficit reached P127.300 billion as of end-November 2012, up by P31.046 billion or 32.3%…
The Philippine Deposit Insurance Corporation (PDIC) announced that it will continue to receive and process deposit insurance claims from depositors of the closed Rural Bank of Tagaytay (Cavite), Inc. at…
The Philippine Deposit Insurance Corporation (PDIC) recently signed a memorandum of agreement with the Land Bank of the Philippines (LBP) introducing two new payment schemes to service the payment of…
All valid insured deposit claims will be paid The Monetary Board (MB) placed the Rural Bank of Bangar (La Union), Inc. under the receivership of the Philippine Deposit Insurance Corporation…
“Today, President Aquino signed into law Republic Act No. 10351, otherwise known as the Sin Tax Reform Act of 2012. “This is a historic win for reforms. This is the…
"We thank S&P for recognizing the continued improvement of the country's fundamentals. With this action, we are now only half a step towards formally gaining investment grade, which the market…
The Bureau of Customs (BOC) heightened monitoring of plywood products importations to protect the local plywood industry and consumers has caused the seizure of two (2) forty-footer container vans of…
The Philippine Deposit Insurance Corporation (PDIC) said that consent to the rehabilitation of the Export and Industry Bank (EIB) had come from less than half of the depositors and uninsured…
