Category: BUSINESS
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DOST, PSU launch country’s first ASIN R&D Center in Binmaley
BINMALEY, Pangasinan — The country’s first ASIN (Salt) Research and Development Center was formally launched on February 17, 2026 at the Pangasinan State University (PSU) Binmaley Campus, marking one of the key highlights of the 2026 Regional Science, Technology, and Innovation Week (RSTW) in the Ilocos Region. The establishment of the ASIN Center cements PSU’s…
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Building a Matatag and Maginhawa Future Through STI at Ilocos Region’s RSTW 2026
The Department of Science and Technology (DOST) officially opened the 2026 Regional Science, Technology, and Innovation Week (RSTW) in the Ilocos Region on February 16 at CSI Stadia, convening national and local leaders, academic institutions, industry partners, and innovators under the theme “Siyensya, Teknolohiya, at Inobasyon: Kabalikat sa Matatag, Maginhawa, at Panatag na Kinabukasan,” with…
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PDIC simplifies, indefinitely extends loan incentive program to benefit more closed bank borrowers
The Philippine Deposit Insurance Corporation (PDIC) has announced the indefinite continuation and simplification of its Closed Bank Loan Incentive Program (CLIP) which is now CLIP 4.0, a move aimed at delivering faster, clearer, and more accessible relief to borrowers of closed banks starting January 1, 2026.First launched in 2021, CLIP has been a cornerstone of…
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PDIC expresses support for Senate bill to strengthen the Philippine deposit insurance system
The Philippine Deposit Insurance Corporation (PDIC) supports Senate Bill No. 1667, which was recently filed by Senate President Vicente C. Sotto III. Said Bill seeks to amend Republic Act No. 3591, or the PDIC Charter, to strengthen the state deposit insurer’s institutional capacities to fulfill its mandates of depositor protection and promotion of financial stability.…
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Two decades abroad, one million reasons to celebrate: OFW wins big with BDO
Photo: Grand winner. 1 Million BDO Rewards Points grand draw winner Benedicto Marra receives his Diamond Rewards Card from BDO President Nestor V. Tan during the awarding ceremony. More than two decades of hard work overseas—and a lifelong habit of disciplined saving—came full circle for Benedicto Marra, 62, an overseas Filipino worker based in Saudi Arabia, after…
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PDIC promptly pays P106.9-M in deposit insurance claims in 2025
State deposit insurer Philippine Deposit Insurance Corporation (PDIC) promptly paid P106.9 million in deposit insurance claims in 2025, delivering timely relief to depositors of two banks ordered closed by the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) during the year. The PDIC reported that the payouts covered 3,736 claims across 3,111 deposit accounts…
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Over 200 small biz owners learn from Chinkee Tan
BDO Foundation empowers nano-entrepreneurs in Quezon City Photo: Empowering small businesses. More than 200 nano-entrepreneurs from Quezon City laughed and learned with Pambansang Wealth Coach Chinkee Tan as he shared tips on starting and growing a business and effectively managing finances. (Photos courtesy of QC-SBCDPO) A positive start to 2026 welcomed nano-entrepreneurs as the Quezon City Small Business Cooperatives…
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DOST Rolls Out Science-Based Peace Interventions in Former MILF Camps
Lanao del Sur and Lanao del Norte — The Department of Science and Technology (DOST) has strengthened its peacebuilding efforts in Mindanao through the delivery of science- and technology-based interventions in six previously acknowledged Moro Islamic Liberation Front (MILF) camps. This initiative underscores the government’s commitment to inclusive development in former conflict-affected areas. Led by…
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PDIC, Mongolian counterpart forge agreement to deepen cooperation, strengthen deposit insurance systems
Photo: Sharing international experience, technical knowledge, and best practices for stronger deposit insurance systems. The Philippine Deposit Insurance Corporation (PDIC) and the Deposit Insurance Corporation of Mongolia (DICoM) have recently signed a Memorandum of Understanding (MOU) to enhance the effectiveness of their respective deposit insurance systems through bilateral cooperation, knowledge sharing, and collaborative research. The…
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Electrification accelerates China’s green transformation
Electric vehicles and charging stations are now a common sight on long-distance trips, and during the winter months, heating is increasingly powered by electricity rather than coal. These developments reflect the ongoing transformation of energy consumption across China through electrification. According to China’s recommendations for formulating the 15th Five-Year Plan, the country will increase the…