PDIC to hold e-bidding of commercial and residential lots

PDIC to hold e-bidding of commercial and residential lots

The Philippine Deposit Insurance Corporation is set to bid-out 32 residential lots with improvements, 24 residential lots, two commercial lots with improvements, and a mixed residential/commercial lot with improvements through e-bidding starting July 26 until 27.

Marcos Jr. seals $1.3B in US investment pledges

President Ferdinand “Bongbong” Marcos Jr. will be bringing to the Philippines more than $1.3 billion worth of investment pledges following his recent five-day official visit to the United States, the Palace said.

EVAP goes to Korea for International EV Expo

EVAP goes to Korea for International EV Expo

The trip to Korea was a significant milestone for the EVAP and the Philippine EV industry. The event was a testament to the commitment of the EVAP to promoting sustainable and eco-friendly transportation solutions in the Philippines.

PDIC reports faster deposit insurance payments in 2022

PDIC reports faster deposit insurance payments in 2022

The Philippine Deposit Insurance Corporation (PDIC) was able to speed up the payment of deposit insurance claims for nine banks ordered closed by the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) in 2022.

PDIC to bid out Luzon, Visayas residential and commercial lots on Jan. 19-20

PDIC to bid out Luzon, Visayas residential and commercial lots on Jan. 19-20

The Philippine Deposit Insurance Corp. (PDIC) will accept bids for 45 residential and commercial lots located in various provinces of Luzon and Visayas on its e-bidding portal at https://assetsforsale.pdic.gov.ph starting at 9:00 am on Jan. 19, 2023 until 1:00 p.m. on Jan. 20, 2023, and shall be opened at 2:00 pm on Jan. 20, 2023.

NEDA chief says PH ‘concerned’ over inflation

NEDA chief says PH ‘concerned’ over inflation

By National Economic and Development Authority Secretary Arsenio Balisacan (OPS photo) The Philippines cannot escape the effects of recent developments in the global economy even as its government attempts to address inflation, Socioeconomic Planning Secretary and...

PH’s September inflation hits 4-year high—PSA

PH’s September inflation hits 4-year high—PSA

By The Philippine Statistics Authority (PSA) on Wednesday reported inflation of 6.9 percent for September 2022, a four-year high.According to the PSA, the September inflation was the highest recorded since October 2018.The September inflation was higher than the 6.3...