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Content about Philippine Veterans Bank

November 7, 2010

Philippine Veterans Bank (PVB) reported an unaudited net income of P327.43 million for the first nine months of 2010, 11.75% higher than the P293 million as of the same period last year. Bank officials said that higher revenues from investments and interest income loans as well as trading gains were the main factors behind the increase in the first three quarters for the commercial bank owned by the World War II veterans.

Philippine Veterans Bank (PVB) reported an unaudited net income of P327.43 million for the first nine months of 2010, 11.75% higher than the P293 million as of the same period last year. Bank officials said that higher revenues from investments and interest income loans as well as trading gains were the main factors behind the increase in the first three quarters for the commercial bank owned by the World War II veterans.

October 24, 2010

LEGAZPI CITY, Philippines - Oct. 22 - Albay Governor Joey Salceda on Friday expressed dismay over the Supreme Court (SC) ruling allowing the South Luzon Expressway (SLEX) to hike their toll way fees.

"I feel so helpless - saan na tatakbo ang ordinaryong probinsiyano for protection?" he remarked.

According to the governor, the ruling has long-term adverse economic impacts on the welfare of the province's small viajeros who depend on Divisoria trade, or the fish dealers that rely on Navotas, and the ordinary motorists that include students studying in Metro Manila or families visiting their relatives.

Salceda said the Supreme Court has allowed three toll roads to impose an increase in their rates.