BSP to Bank owners: Protect depositors’ money

MANILA – Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla has urged bank owners to protect their depositors’ money, a function that constitutes their primary responsibility. In his speech during the launch of the book “Banking Laws of the Philippines – Annotated” at the Central Bank’s main office in Manila recently. Medalla underscored the need to update banking laws to…

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On Love and Lent

By Gladys Serafica DARAGA, Albay – In case you haven’t checked your February 2024 calendar yet, Ash Wednesday falls on Valentine’s Day. With two seemingly contrasting holidays sharing the same date—as the start of the liturgical 40-day season of Lent requires fasting and abstinence while the most romantic day of the year encourages luxurious indulgences—this…

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PBBM VOWS FOR STRONGER PH-UGANDA TIES AS HE WELCOMES NEW NON-RESIDENT ENVOY

President Ferdinand R. Marcos Jr. expressed hope on Tuesday that the Philippines and Uganda could find ways to strengthen their relationship as he welcomed Ambassador Betty Oyella Bigombe, the African country’s non-resident ambassador to the Philippines. “It’s a great pleasure for us to welcome you as the Ambassador from the Republic of Uganda to the…

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BDO highlights cost savings from retrofitting old buildings

BDO Unibank, Inc. (BDO) manages its greenhouse gas emissions and energy consumption by retrofitting its old buildings, beginning with its historic Dasmariñas – Binondo building in Manila.  This effort, designed to boost energy efficiency, has not only yielded substantial cost savings but also stands as a compelling illustration of the advantages that retrofitting older buildings can…

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