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+ Follow HIGHWAY TALAMBAN VILLA LEYSON SUBDIVISION Tag
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HIGHWAY TALAMBAN VILLA LEYSON SUBDIVISION
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abtest
By Ni Rica Calinawan | December 7, 2008 - 12:00am
Recommended
The Bangko Sentral ng Pilipinas is expected to raise interest rates further in December, with some economists anticipating additional tightening through early 2027 as persistent inflation and a weakening peso keep pressure on monetary authorities. Analysts from BofA Global Research, BMI and Bank of the Philippine Islands see room for further increases after the BSP’s Monetary Board delivered a larger-than-expected 50-basis-point hike on Thursday, bringing the benchmark interest rate to 5.50 percent.
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Ayala-led Bank of the Philippine Islands has named veteran banker Maria Cristina “Ginbee” Go as its next president and chief executive officer, succeeding Jose Teodoro “TG” Limcaoco in April 2027.
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The Bureau of Internal Revenue and tax experts have expressed approval for having the country’s bank secrecy laws reviewed, saying amendments can significantly improve the agency’s investigative and enforcement capabilities.
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Listed e-wallet GCash is seeking to break another barrier as it works to bring more Filipinos into financial services, with plans to explore becoming a digital bank.
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Bank of the Philippine Islands has partnered with DMCI Homes to make it easier for property buyers to pay housing amortizations directly from their bank accounts in the United States.
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