Former Banco Filipino officials indicted by DOJ

Former Banco Filipino officials indicted by DOJ

In a statement, state deposit insurer Philippine Deposit Insurance Corporation (PDIC) said the Department of Justice Task force issued a resolution on March 2021 indicting Banco Filipino officials for violations of certain provisions of Republic Act No. 3591, as amended, or the PDIC Charter.

4As suspends Gigil over Belo ad

4As suspends Gigil over Belo ad

Ad agency Gigil has been suspended as a member of the Association of Accredited Advertising Agencies of the Philippines (4As Philippines) after it released the controversial Belo ad in August. 

BSP to watch Covid-19 variants’ threat to inflation

BSP to watch Covid-19 variants’ threat to inflation

While the country’s inflation rate in June 2021 eased to 4.1 percent, the Bangko Sentral ng Pilipinas (BSP) said it would still monitor the economic pressures brought about by the emerging coronavirus variants.

No shortage in meat products, canned goods— San Miguel

No shortage in meat products, canned goods— San Miguel

San Miguel Foods, San Miguel Corp.’s (SMC) food unit, said its meat products and canned goods would remain available in supermarkets and other retail outlets amid the concerns raised about import restrictions and a surge in meat material prices.