Banking & Insurance
Asialink secures P300M credit line from Taiwan’s Cathay United Bank
Asialink Finance Corp. has secured a P300 million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans.
Quadrennial event has the local cryptocurrency market on edge
Homegrown cryptocurrency exchange platform PDAX on Tuesday said it is prepared for the uncertainties that grip the digital currency market with the upcoming Bitcoin halving event.
7-year bond rate rises at auction after budget swings to deficit in Feb
The rate on seven-year bonds averaged higher to 6.229 percent at the auction held by the Bureau of the Treasury on Tuesday. Bid rates range from 6.20 percent and 6.35 percent.
Philippine statistical system second best in Southeast Asia—World Bank indicator
The Philippines’ statistical system has been ranked second most robust in Southeast Asia, behind Singapore, in the recently released 2022 statistical performance indicators of the World Bank, a framework that assesses the maturity of national statistical systems.
GSIS awards housing beneficiaries in Rizal, recognizes agencies for supporting GSIS initiatives
The Government Service Insurance System (GSIS) president and general Manager Wick Veloso recently awarded land titles to five beneficiaries from various GSIS housing programs in Rizal under its Pabahay sa Bagong Bayaning Manggagawa (PBBM) program. The pension fund also awarded government agencies who supported its mandate of securing the future of government employees during a meeting with GSIS stakeholders in Antipolo.
