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Orbeta takes over as president of PDIC

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SCREENGRAB from www.pdic.gov.ph

A Harvard University alumna and a financial industry regulator for three decades has been appointed as head of the state’s deposit insurance system, replacing private sector-groomed banker Valentin Araneta who now sits on the influential Monetary Board.

Posted: November 19th, 2014 in Latest Business Stories | Read More »

BSP closes rural bank in Southern Leyte

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Bangko Sentral ng Pilipinas (BSP). RYAN LEAGOGO/INQUIRER.net FILE PHOTO

Monetary authorities have shut down a rural bank in Southern Leyte and placed it under Philippine Deposit Insurance Corp. (PDIC) receivership.

Posted: September 18th, 2014 in Latest Business Stories | Read More »

Biz Buzz: Borjer’ is back

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Wack Wack Golf and Country Club is back in the news, but this time, for some not-too-controversial events.

Posted: July 23rd, 2014 in Columnists,Inquirer Columns | Read More »

Airport dreams

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We all recall San Miguel Corp.’s stunning international airport perspective in Manila Bay—that massive structure with its sweeping roof architecture resembling the gentle waves nearby, right?

Posted: July 11th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

Biz Buzz: Hanging Monetary Board appointments

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Almost a week after the end of the terms of Monetary Board members Peter Favila and Juan de Zuñiga—a short 54 days in the case of the latter, who served the unfinished term of former MB member Ignacio Bunye—Malacañang has yet to name its choices for the highly coveted posts.

Posted: July 9th, 2014 in Columnists,Inquirer Columns | Read More »

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