PDIC announces dates for claiming insured deposits for Export Import Bank depositors

According to the PDIC website, Exportbank depositors can start getting their priority numbers starting June 18, 2012.  There will be three batches in issuing the priority numbers.   Each branch will have a corresponding date where the depositors can get the numbers and subsequently the appointed date to claim their deposits.  Documentary requirements needed are […]

Healthcare here and around the world

While the Philippines is stuck with pathetic healthcare, much debate still on going with healthcare. particularly the Obamacare signed into law almost two years ago. Otherwise known as the Patient Protection and Affordable Care Act it reforms certain aspects of the private health insurance industry and public health insurance programs by increasing insurance coverage of […]

Philippines Raises Bank Deposits Insurance to 500,000

Philippine President Gloria Macapagal Arroyo signed into law Wednesday the amendments to the charter of the Philippine Deposit Insurance Corp. to raise the insurance coverage of bank deposits from 250,000 pesos (US$182,88) to 500,000 pesos (US$36,577). President Arroyo said the amendments to the charter are part of reforms designed to increase protection of bank deposits […]

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