
Depositor insurance expanded to P1M
The PDIC Charter authorizes the PDIC Board of Directors to adjust the MDIC to an amount indexed to inflation or in consideration of other economic indicators…
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Topic

The PDIC Charter authorizes the PDIC Board of Directors to adjust the MDIC to an amount indexed to inflation or in consideration of other economic indicators…
· 2 min read

The Philippine Deposit Insurance Corporation (PDIC) will start imposing a higher depositor insurance from P500,000 to P1 million per bank client on 15 March.
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‘The government must communicate so that people will be pacified, that Duterte’s arrest is something that does not concern them directly’
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The Asian Confederation of Billiard Sport (ACBS) suspended the Billiard Sports Confederation of the Philippines (BSCP) and asked the Philippine Olympic…
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The Monetary Board, which is considering ‘a few more cuts’ this year, is expected to announce its move on the policy rate on 10 April. These cuts should help…
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The Euro bonds sale aimed to fund the government’s green and sustainability projects, and marked the first time the government issued a Euro-denominated…
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Jagat App, a global hit map-based social platform that connects users with friends, helps them explore the world around them, and build stronger communities,…
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Jagat, a map-based social platform that allows users to connect with friends, explore their surroundings, and engage with local communities, is now available…
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Bank of the Philippine Islands (BPI) lowered the fee for InstaPay interbank fund transfers from P25 to P10.
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BAGUIO CITY — Face-to-face classes in both private and public schools in the province of Abra will be suspended due to extreme heat.
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The country's manufacturing sector grew slower in February as factories' new orders continued to increase moderately in seven months, a report by S&P…
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The country posted lower net outflows of foreign investments in January at $283.69 million from $487.37 million in December last year, the Bangko Sentral ng…
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In quantum mechanics, Erwin Schrödinger proposed a thought experiment… to explain the behavior of atoms and how it may be possible for them to be…
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Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
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BTr said the country’s budget deficit declined to P1.5 trillion by 0.38 percent, leading to a smaller share in the GDP at 5.7 percent from 6.22 percent in 2023
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Gold holdings account for about 10 percent of the country’s gross international reserves
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Newly appointed undersecretary for the Presidential Communications Office (PCO), Atty. Claire Castro, criticized former President Rodrigo Duterte’s claim that…
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The Bangko Sentral ng Pilipinas (BSP) on Monday refuted former president Rodrigo Duterte's statements that President Ferdinand "Bongbong" Marcos Jr. stole and…
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