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Protection for S&L groups sought

The House banking committee chair said savings and loan (S&L) associations, more popularly known as “paluwagans,” should not be regulated like ordinary banks by the Bangko Sentral ng Pilipinas (BSP).

Posted: June 15th, 2014 in Headlines,Regions | Read More »

Lawyer denies Napoles vowed to return P2 billion to gov’t

Lawyer Bruce Rivera, counsel of Janet Lim-Napoles. INQUIRER FILE PHOTO

One of the lawyers of Janet Lim Napoles on Thursday clarified that there was never any offer on their part to return P2 billion or any amount to the government.

Posted: June 5th, 2014 in Latest News Stories,Nation | Read More »

Roommates buy used couch, find $40K in cash

From left, Lara Russo, Cally Guasti and Reese Werkhoven sit on a couch in their apartment in New Paltz, N.Y. on Thursday, May 15, 2014. The roommates had purchased it at a Salvation Army store and found $40,800 stashed inside. After finding a deposit slip, they returned the money to the 91-year-old upstate New York widow who had hidden it there. (AP Photo/Mike Groll)

For all the screaming and carrying on, their neighbors thought they’d won the lottery. But it was a lumpy old sofa stuffed with $40,000 in cash that had three young roommates raising a ruckus.

Posted: May 16th, 2014 in Latest News Stories,Photos & Videos,World | Read More »

Man wants $140, broken US ATM spits out $37,000


A malfunctioning automated bank machine has dispensed $37,000 in cash to a man who requested $140.

Posted: April 5th, 2014 in Latest News Stories,World | Read More »

Yolanda survivors in Tacloban to get cash from ATM Tuesday


Starting Tuesday, typhoon survivors here will finally be able to get cash from automated teller machines.

Posted: November 18th, 2013 in Editors' Picks,Headlines,Regions | Read More »