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The Cebu–Cordova Link Expressway ( CCLEX ), also known as the Cebu–Cordova Bridge and the Third Cebu–Mactan Bridge (or simply, the Third Bridge ), is an 8.9-kilometer (5.5 mi) toll bridge expressway in Metro Cebu, Philippines. The bridge connects the South Road Properties in Cebu City in mainland Cebu, and Cordova, on Mactan island.
The Maharlika Wealth Fund ( MWF ), also known as the Maharlika Investment Fund ( MIF ), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation ( MIC ). [1] The MIF is the Philippines' first sovereign wealth fund. It will be allocated across a variety of assets, including foreign currencies, fixed-income instruments, domestic and foreign ...
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of end-June 2023, the total national debt of the Philippines amounts to ₱14.62 trillion ($264.49 billion).
Citibank Philippines was the Philippines branch of Citibank. In July 1902, the International Banking Corporation, a predecessor to Citibank, opened its first branch in Manila.
This is an overview of current and former national capital cities in the Philippines, spanning from the Spanish colonial period to the current Fifth Philippine Republic. [1] The current capital city, Manila, has been the country's capital throughout most of its history and regained the title through a presidential order in 1976, with Metro Manila serving as the National Capital Region (NCR ...
A chit fund is a type of rotating savings and credit association system practiced in India, Bangladesh, Sri Lanka, Pakistan and other Asian countries. [1] Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours.
Cash-in-transit ( CIT) or cash/valuables-in-transit ( CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another. The locations include cash centers and bank branches, ATM points, bureaux de change, large retailers and other premises holding large amounts of cash, such as ticket vending machines and parking meters.
The Home Development Mutual Fund ( HDMF ), commonly known as the Pag-IBIG ( Pag tutulungan sa Kinabukasan, I kaw, B angko, I ndustriya at G obyerno) Fund, [a] is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable shelter financing for ...
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