Banking & Insurance
Japan signs 3 new grant contracts under the GGP scheme
Japan Ambassador to the Philippines Koshikawa Kazuhiko signed three grant contracts under Grant Assistance for Grass-Roots Human Security Projects (GGP) at the Japan Information and Culture Center Hall, Embassy of Japan in Pasay City. The total grant amount of USD 237,390 (approximately P13.27 million) will fund the construction of a one-story four-classroom high school building, provision of an ambulance, and provision of a portable chest X-ray machine.
Treasury cancels Dec. 11, 12 auctions of bills, 15-year bond
The Bureau of the Treasury has cancelled the debt auctions scheduled for next week, a borrowing exercise that was planned to raise a total P30 billion for budget support.
GSIS ready to help members, pensioners affected by Surigao Del Sur quake
Government Service Insurance System (GSIS) president and general manager Wick Veloso announced that the GSIS is prepared to extend emergency loans to members and pensioners in CARAGA Region, Mindanao who were adversely affected by the 7.4 earthquake that rocked Surigao Del Sur last Saturday, 2 December.
Metrobank wins second citation as Best Bank of the Year from The Banker
Metropolitan Bank & Trust Co. (Metrobank) consistently demonstrates financial strength as it brings home the 2023 Best Bank of the Year award from The Banker for the second consecutive year.
SEC launches framework for blue bond sales
The Securities and Exchange Commission on Tuesday bared the framework for the issuance of so-called blue bonds, a relatively new instrument supporting investments in healthy oceans and other “blue” economies.
