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Inappropriate use of bank funds gets Leyte rural banker up to 20 years in jail

The Regional Trial Court of Burauen, Leyte (RTC-Burauen) has convicted a former officer of the now-closed Rural Bank of Burauen (Leyte), Inc. for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB) and appropriate legislation.

Sunlight Air, BillEase announce partnership offering cardless Fly Now, Pay Later 

Domestic boutique charter airline Sunlight Air and consumer finance app BillEase are partners in a venture enabling tourists to book flights and pay later even without a credit card.

PLDT, Smart thwart 17 billion attempts to open malicious sites, block 400 million fraudulent text messages

PLDT and Smart have intensified their anti-cybercrime efforts and clamped down on illegal activities perpetrated over their text messaging or SMS and online platforms. 

DA sans agreement stops selling lower priced onions

The Department of Agriculture will temporarily stop selling lower priced onions at its Kadiwa rolling stores starting Friday due to the absence of an...

Volatility of LNG prices to continue this year

The price of liquefied natural gas (LNG) could remain volatile this year, force buyers to limit spot purchases and seek long-term contracts instead, according...

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BIR fast-tracks PNOC fuel imports amid crisis

The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.

Fuel prices surge again; diesel jumps over P12, gas hikes continue

Fuel prices will increase again on Tuesday, March 31, as global oil costs remain high under the ongoing conflict in the Middle East.

OGP says Didipio mine life extended to 2037

OceanaGold (Philippines) Inc. (OGP) said its updated technical reports show that the Didipio gold and copper mine will operate until 2037.

ABS-CBN rejects anew alleged audit claims

ABS-CBN Corp., once the country’s largest broadcast network, on Monday dismissed anew claims of unresolved audit issues and firmly rejected reports that a proposed P2-billion capital infusion would be used for directors’ payouts, seeking to distance itself from a boardroom dispute within Lopez Inc., the company owned by its major shareholders.
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