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BOI readies new 2-year IPP

NEGOSYO PARA SA KAPAYAPAAN SA SULU: President Rodrigo Duterte led the Christmas Townhall last Dec. 19, which launched the project, Negosyo Para sa Kapayapaan sa Sulu of the Departments of Agriculture and Trade and Industry, and Go Negosyo...

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BSP profit hits record P15.3 B in 10 months

Revenues surged 30.2 percent to P62.33 billion from P47.87 billion as interest earnings rose 21 percent to P38.83 billion from P32.08 billion, while miscellaneous income coming from trading gains from domestic and foreign currency secur...

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OFW Bank to open in 2017

Dedicated to the OFWs. The Duterte administration is opening an OFW Bank in the third quarter of 2017. An official from the Cebu Bankers Club said that amid expected competition, private commercial banks still have a huge advantage in terms of network. But if the governmen...

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Review set for Sasa port modernization

THE controversial Davao Sasa Port Modernization Project will be reviewed to be taken out of the Public-Private Partnership scheme, an official said. Peter Laviña, a staunch critic of the proj...

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Swap old bills before December 29

No more value. Bangko Sentral ng Pilipinas (BSP) Cebu Regional Director lawyer Leonides Sumbi shows pieces of the old banknote series, which are due for demonetization by the end of this year. The BSP said the demonetization safeguards the integrity of Philippine banknotes against count...

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