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The bank was established by Alfonso Yuchengco on September 23, 1960, as Rizal Development Bank, a small development bank in Rizal province. [13] It was later upgraded to a commercial bank upon the approval of the Bangko Sentral ng Pilipinas and, in 1963, began operation as such under its present name Rizal Commercial Banking Corporation (RCBC).
Thailand is the third largest exporter of brand new and used right-hand drive cars after Japan and Singapore, because of that country's high-volume production of diesel 4x4 vehicles such as the Toyota Hilux Vigo, Toyota Fortuner, Mitsubishi L200, Nissan Navara, Ford Ranger, Chevy Colorado, and others.
A robbery-massacre occurred at the branch of the Rizal Commercial Banking Corporation (RCBC) inside the Laguna Industrial Science Park in Barangay Pulo of Cabuyao, Laguna. [5] The crime occurred prior to the scheduled 9am opening of the outlet with customers alerting the police after the bank did not open as scheduled. [5]
Philippine classified ads site Sulit and social networking site Multiply rebranded as OLX in 2014. The merger in the Philippines between OLX and Ayos Dito redirected Ayos Dito users to OLX as of 2015. [12] In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. [13] The deal also gave OLX 10% stake in ...
In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. [15] The company raised $85 million Series C funding in May 2018. The round was co-led by existing investor Rakuten Ventures and EDBI. Other participants included 500 Global, Golden Gate Ventures and Sequoia India as well as new investor DBS. [16]
The CARS Program was implemented by the Department of Trade and Industry in order to attract and encourage new car companies to produce vehicles in the Philippines [15] and stimulate demand and impose industry regulations that will restore the country's automotive industry, and make the country a regional automotive manufacturing hub, [16] and ...
Lorenzo Tan was president and chief executive officer of RCBC for 9 years, from 2007 to 2016. During his first year with RCBC he steered the bank to a 56% growth in its net income at Php 3.21 billion, the steepest profit growth among the Philippines' top 10 banks. In 2009 RCBC recorded a 54% increase in its net income at Php3.33 billion. [32]
The whole Philippines and the world was shocked on March 17, 1957, when a Douglas C-47 crashed at Mount Manunggal in Cebu. One of the casualties was President Ramon Magsaysay . Officially, it was an accident due to mechanical problems.