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Later in 1989, liquidity pools were set up to contribute to the stability in the rural banking system by immediately addressing temporary liquidity requirements of rural banks. Under this scheme, rural banks contributed a portion of their liquid assets, which the Land Bank of the Philippines (LBP) matched. The funds were invested in high ...
Website www .dti .gov .ph The secretary of trade and industry ( Filipino : Kalihim ng Kalakalan at Industriya ) is the head of the Department of Trade and Industry and is a member of the president’s Cabinet .
After World War II, President Manuel Roxas issued Executive Order (EO) No. 94 on October 4, 1947, creating the Department of Commerce and Industry (DCI). [4] Cornelio Balmaceda, a much sought-after professor of economics and director of the Bureau of Commerce (BOC), was appointed acting secretary of the newly created Department of Commerce and Industry.
The Department of Information and Communications Technology (DICT) (Filipino: Kagawaran ng Teknolohiyang Pang-Impormasyon at Komunikasyon) is the executive department of the Philippine government responsible for the planning, development and promotion of the country's information and communications technology (ICT) agenda in support of national development.
On June 17, 1950, Equitable Banking Corporation was founded by Go Kim Pah [1] as the first commercial bank in the Philippines, licensed by the newly formed Central Bank of the Philippines (now Bangko Sentral ng Pilipinas). Other commercial banks like Bank of the Philippine Islands were formed and licensed during the Spanish or American regimes ...
The department is headed by the Secretary of Social Welfare and Development (Philippines), with the following eleven undersecretaries and 20 assistant secretaries: Undersecretary for Social Welfare and Development; Undersecretary for General Administration and Support Services Group; Undersecretary for Operations Group
In 1965, the Summer Educational Media Institute (SEMI) opened as a specialized program in educational media and technology for educators all over the Philippines. Masteral and doctoral students from the Ateneo de Manila University , the University of Santo Tomas , and Philippine Christian University became the first learners of educational ...
The Department of National Defense or DND was formally organised on November 1, 1939, pursuant to Executive Order No. 230 [3] of President Manuel L. Quezon to implement Commonwealth Act No. 1 or the National Defense Act of 1935 passed by the National Assembly on December 31, 1935, [4] and Commonwealth Act No. 340 creating the department.