How DBP botched Duterte-era contractor loans: lax checks, billions overdue
Meant to support the former president’s Build, Build, Build drive, DBP’s ICONS program instead left the bank with P4.09 billion in overdue contractor loans
Meant to support the former president’s Build, Build, Build drive, DBP’s ICONS program instead left the bank with P4.09 billion in overdue contractor loans
The new money repairs what the company owes. The retrenchment is aimed at a different problem.
A timeless market rule reminds us that a great company and a great stock are not necessarily the same thing
(3rd UPDATE) A BPI system bug allegedly inflated transactions linked to Manases Carpio, Vice President Sara Duterte’s husband, to more than P2 billion, prompting the bank to ask the AMLC to delete 13 records
(1st UPDATE) The appropriate response to AMLC Executive Director Ronel Buenaventura’s testimony is not to demonize the institution but to examine the numbers
Senator-judge Vicente “Tito” Sotto III claims the practice is called ‘tinikling’ in banking circles
The calls of nature seem to grow most urgent whenever the prosecution reaches for the Dutertes’ bank records and asks a witness to verify its existence. And we can’t blame them.
(1st UPDATE) Carpio tells a crowd in Bukidnon that he feels like he’s the one who was impeached
Marami nang options ngayon sa pag-iinvest. Piliin ang produktong bagay sa goals mo at sa kung kailan mo kailangan ang pera.
When the common public purchases these bonds, they are not merely performing a civic duty; they are securing a reliable, wealth-building vehicle to shield their savings from inflation and market volatility.