Business

PH’s first cloud-based core banking tech to roll out in Mindanao

MANILA, July 26 -- Surigao del Sur-based Cantilan Bank Inc. (CBI) will be rolling out the country’s first cloud-based core banking technology in Mindanao. CBI, with financial support from the Asian Development...

CHIZ TO CALL METROBANK, AMLC, BSP TO SHED LIGHT ON LOAN FRAUD

July 25 - Sen. Chiz Escudero said he wanted to look into the recently exposed internal fraudulent scheme allegedly perpetrated by a senior bank official of the Metropolitan Bank and Trust...

BSP probe into alleged Metrobank fraud may take a month to complete

MANILA, July 25 - Bangko Sentral ng Pilipinas’ (BSP) investigation of the alleged fraud, amounting to at least PHP900 million, in Metropolitan Banking & Trust Company (Metrobank) may take a month,...

Dominguez to get OSG’s opinion on Tribunal’s ruling on Maynilad’s compensation claims

MANILA, July 25 - The Philippine government has yet to decide on its move regarding the Arbitral Tribunal’s decision favoring Maynilad Water Services (Maynilad) on its compensation claims on losses from...

President Duterte leads turnover of classroom from FFCCCII

President Rodrigo Roa Duterte on Tuesday, July 25, witnessed the ceremonial turnover of more than 300 units of two-classroom school building from the Federation of Filipino-Chinese Chambers of Commerce and Industry,...

Tribunal favors Maynilad vs. gov’t over P3.4-B compensation claim

MANILA, July 25 -- The three-man arbitral tribunal has ordered the Philippine government to pay PHP3.42 billion to Maynilad Water Services, Inc., the water unit of Metro Pacific Investment Corp. (MPIC),...
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