Latest News for: Philippines capital

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‘We have to start from scratch’: Gatchalian says PBBM can’t veto portions of Maharlika bill

Manila Bulletin 01 Jun 2023
... System (GSIS), Philippine Health Insurance (PhilHealth) Corporation, Pag-IBIG, Overseas Workers Welfare Administration (OWWA), Philippines Veterans Affairs Office (PVAO) in the capitalization and investments in the Maharlika fund, whether in the present or in the future.
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From sari-sari store to mini grocery? UNO Digital Bank, 1Sari can make it happen

Manila Standard 01 Jun 2023
Manny Ocampo, Managing Director, Investment Capital Corporation of the Phils. In the Philippines’ sachet economy, there are 1.3 million sari-sari stores patronized by 94% of the population. Despite these numbers, many of these sari-sari stores struggle and find it hard to grow their business because of lack of capital.
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From sari-sari store to mini grocery?

Manila Bulletin 01 Jun 2023
In the Philippines' sachet economy, there are 1.3 million sari-sari stores patronized by 94% of the population. Despite these numbers, many of these sari-sari stores struggle and find it hard to grow their business because of lack of capital ... "SMEs are a major driver of the Philippine economy.
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Zubiri confident Maharlika bill equipped with airtight safeguards

Sun Star 01 Jun 2023
We need this for additional income and attract capital for our industries such as energy, agriculture, as well as for infrastructure projects,” he said. (SunStar Philippines) .
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Marcos assures pensions funds will not be used as MIF capital money

Sun Star 31 May 2023
STATE pension funds will not be used as seed capital for the establishment of the Maharlika Investment Fund (MIF), said President FerdinandBongbong” Marcos Jr ... The capital of the MIF will be sourced from the Landbank of the Philippines (P50 billion), Development Bank of the Philippines (25 billion) and the National Government (P50 billion).
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Veterans Bank hopes to raise P4.4-B new capital

Manila Bulletin 31 May 2023
Philippine Veterans Bank (PBV) is targeting to raise P4.4 billion from its capital raising efforts to attract new shareholders, including post-war veterans, Armed Forces of the Philippines (AFP) retirees and their families ... The capital raising campaign will be in full-swing this month of June.
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Senate approves Maharlika bill on final reading

Sun Star 31 May 2023
The capital of the MIF will be sourced from the Landbank of the Philippines (P50 billion), Development Bank of the Philippines (25 billion) and the National Government (P50 billion) ... Any increase in capitalization of MIF will have to be approved by Congress ... (SunStar Philippines) .
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Congress oks Maharlika Fund; Akbayan hits ‘investment scam’

Sun Star 31 May 2023
In earlier versions of the measure, the GSIS and SSS had been identified as sources for the initial capital of the MIF ... The capital of the MIF will now be sourced from the Landbank of the Philippines (P50 billion), Development Bank of the Philippines (25 billion) and the National Government (P50 billion) ... (SunStar Philippines, KJF) .
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Former Jollibee CFO is Filinvest's new COO

Manila Bulletin 31 May 2023
In a disclosure to the Philippine Stock Exchange, FDC said Baysa has worked in the consumer sector in the fields of Accounting and Finance and brings with him several years of experience working on the local and international operations of Procter & Gamble and Jollibee ... - Philippines.
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PGMPI eyes investments in critical minerals processing

Manila Bulletin 31 May 2023
Filipino-owned Philippine General Minerals Project, Inc ... Rodolfo, and officials of the Development Bank of the Philippines including DBP Director Maria Lourdes A ... “This vision aligns closely with the Philippine government’s program to promote industrialization and capitalize on the nation’s rich mineral reserves,” said Lastimado.
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Philippine Lawmakers Target Online Casino Operators In Bid To Crackdown On Human Trafficking

Voa News 31 May 2023
Lawmakers in the Philippines are targeting the country’s offshore gaming operators, known as POGOs, and its regulators as they try to crackdown on the country’s growing network of cryptocurrency scams and the human trafficking connected to it ... The site was just a few hours' drive from the Philippine capital, Manila.
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Conversation with a Filipino HR guru

The Manila Times 31 May 2023
Ernie Cecilia is the chairman of the Human Capital Committee and the Publication Committee of the American Chamber of Commerce of the Philippines (AmCham); chairman of the Employers Confederation of the Philippines' (ECOP's) TWG on Labor Policy and Social Issues; and past president of the People Management Association of the Philippines (PMAP).
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Congress OKs Maharlika fund bill; Zubiri lauds House for adopting Senate’s version

Manila Bulletin 31 May 2023
... Service Insurance System (GSIS), Social Security System (SSS), Philippine Health Insurance (PhilHealth) corporation, Pag-IBIG, Overseas Workers Welfare Administration (OWWA), Philippines Veterans Affairs Office (PVAO) in the capitalization and investments in the Maharlika fund.
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Senate OKs Maharlika bill on final reading

Manila Bulletin 31 May 2023
... Service Insurance System (GSIS), Social Security System (SSS), Philippine Health Insurance (PhilHealth) corporation, Pag-IBIG, Overseas Workers Welfare Administration (OWWA), Philippines Veterans Affairs Office (PVAO) in the capitalization and investments in the Maharlika fund.
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Taguig LGU helps in rescue of 12 minors from human trafficking, online sexual abuse

Manila Bulletin 31 May 2023
On May 5, four minors--a 16-year-old boy, a 15-year-old girl, and two 13-year-old girls--were rescued with the help of the Taguig Police Substation 4, the Department of Justice's Inter-Agency Committee Against Trafficking, the Philippines Against Child Trafficking, and the Department of Social Welfare and Development-National Capital Region.

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