By Ramon Tulfo
President Noynoy is contemplating on resigning in the midst of the controversies surrounding his administration, chief among them the recent ruling by the Supreme Court that his Disbursement Acceleration Program (DAP) was unconstitutional.
Pope Francis on Monday denounced those getting rich through speculation in financial markets, calling on them to use their investments for the good of humanity.
Internal Revenue Commissioner Kim Henares made it clear that seeking the lifting of the Bank Secrecy Law by Congress was not a priority of her office, as she acknowledged that such bid was a “long shot.”
The Manila City government’s move to shorten the running time for truckers under a revised truck ban will soon result in longer working hours for some government bank employees and warehouse personnel.
By virtue of Act No. 2612 of the Philippine Commission, the Philippine National Bank (PNB) was established on Feb. 4, 1916 to replace the small government-owned Agricultural Bank. Its first head office was the Masonic Temple on Escolta, then known as the Wall Street of the Philippines. H. Parker Willis, an American, was the bank’s first president. Marielle Medina, Inquirer Research