Category: FEATURE
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PDIC pursues legislative reforms to strengthen PH deposit insurance system
Legislative reforms for a stronger deposit insurance system. The Philippine Deposit Insurance Corporation (PDIC) is pursuing legislative reforms to amend its Charter and ensure a deposit insurance system that is broader in coverage, faster in response, stronger in times of crisis, and worthy of public trust. This was shared by PDIC President and CEO Roberto…
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Advancing risk-based assessment to strengthen, future-proof PH deposit insurance system
Rewarding stronger risk management today to better protect Filipino depositors tomorrow. The Philippine Deposit Insurance Corporation (PDIC) is gearing up for the Risk-Based Assessment System (RBAS) for banks, a landmark reform that aims to align banks’ deposit insurance premium with their individual risk profiles. Under the proposed RBAS, banks that manage their risks better will…
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PDIC: Higher deposit insurance coverage boosts savings, strengthens public confidence
Reinforcing public trust in the banking system through enhanced deposit insurance coverage. The Philippine Deposit Insurance Corporation (PDIC) reported that total deposits in the banking system recorded a strong growth of 9.8 percent as of end-March 2026, following the increase of the maximum deposit insurance coverage (MDIC) to P1 million per depositor, per bank in…
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Ateneo scientists investigate continent-wide ‘moisture conveyor belt’ behind extreme monsoon rains
Weather scientists have long known that typhoons even hundreds of kilometers away from the Philippines can interact with the southwest monsoon, resulting in days-long heavy rains. But the exact dynamics of this relationship have remained largely unknown until recently. A snapshot of the moisture conveyor belt (MCB) in action during the July 2024 Habagat event,…
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From Prompts to Purpose: DOST Ilocos Region Empowers Communicators through Responsible and Gender-Responsive AI Training
CITY OF SAN FERNANDO, La Union — Demonstrating its commitment to digital innovation and inclusive public service, the Department of Science and Technology Ilocos Region (DOST Ilocos Region) conducted the two-day training “Shaping Responsible Communicators through AI: Strategic Prompt Engineering and Ethical, Gender-Responsive Integration” on July 29–30, 2026, at the DOST Ilocos Region Multi-Purpose Hall…
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DOST-NCR Opens 2026 Regional Science, Technology, and Innovation Week in Valenzuela City
VALENZUELA CITY — The Department of Science and Technology–National Capital Region (DOST-NCR), in partnership with the City Government of Valenzuela, officially opened the 2026 Regional Science, Technology, and Innovation Week (RSTW) in the National Capital Region on August 6, 2026, highlighting the role of science, technology, and innovation (STI) in creating safer, more resilient, sustainable,…
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Young Kapampangans are keen to make their money work overtime
A growing number of young Filipinos are thinking about investing, and if you’re one of them, you’re also probably figuring out how to get started. While Millennials and Gen Zs show interest in investing, there remains a gap between their financial aspirations and actual participation, according to a recent study on motivational factors and behavior…
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Rappelling and Rope Safety Training Held for CCTF-STEP Command Officers
Guiguinto, Bulacan– July 28, 2026 – The Climate Change Task Force (CCTF) conducted a specialized rappelling and technical rope access training for its STEP Command Officers here, boosting emergency response readiness while advancing the Climate Action Now! advocacy. The activity was headed by National Commander Richard Nixon Gomez. Facilitated by the Zion Emergency and Disaster…
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CLIMATE CHANGE TASK FORCE SPECIAL COMMAND GROUPS CONDUCT SUCCESSFUL FIRST AID, CPR AND RAPPELLING TRAINING
GUIGUINTO, BULACAN – July 11, 2026 – The Climate Change Task Force Special Command Groups (CCTF SCG) has successfully concluded a comprehensive emergency response and technical rescue training program yesterday, July 10, at the Bauertek Farmaceutical Technologies, equipping personnel with life-saving skills and safety standards critical to climate action and field deployment operations. The activity…
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BDO Foundation, Ateneo de Davao expand pathways to education, careers for underserved Filipino youth
Photo: Partners in mission. BDO Unibank, BDO Foundation, and Ateneo de Davao University officers formally launch the partners’ scholarship program to give financially-challenged students access to higher education and employment opportunities. From left: BDO Foundation Trustees Ismael G. Estela, Jr., Ms. Evelyn C. Salagubang (BDO Unibank Human Resources Group Head), Ms. Corazon A. Mallillin (BDO…