^
+ Follow CLOSURES Tag
CLOSURES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1534720
                    [Title] => Deposit insurance fund up to P120 B this year
                    [Summary] => 

Less bank closures this year pushed up the deposit insurance fund (DIF) used by the government to cover deposit claims on shuttered lenders, the Philippine Deposit Insurance Corp. (PDIC) said.

[DatePublished] => 2015-12-20 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140820/Bank-generic-sing-4.jpg ) [1] => Array ( [ArticleID] => 1523690 [Title] => PNP: Roads closed for APEC to open Friday [Summary] =>

The Philippine National Police on Thursday said road closures for the Asia-Pacific Economic Cooperation summit will end on Friday afternoon.

[DatePublished] => 2015-11-19 03:14:45 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804517 [AuthorName] => Rosette Adel [SectionName] => Headlines [SectionUrl] => headlines [URL] => http://media.philstar.com/images/the-philippine-star/headlines/20141107/metro-manila-traffic.jpg ) [2] => Array ( [ArticleID] => 1260822 [Title] => Over 20,000 workers lose jobs in H1 – DOLE survey [Summary] =>

Over 20,000 workers nationwide lost their jobs due to closures of commercial establishments, the Department of Labor and Employment (DOLE) reported.

[DatePublished] => 2013-11-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097338 [AuthorName] => Mayen Jaymalin [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 522150 [Title] => PDIC to overhaul claims processing in wake of bank closures [Summary] =>

State-run Philippine Deposit Insurance Corp. (PDIC) is set to overhaul its claim processing in a bid to simplify the scheme after an unprecedented spate of bank closures in December last year.

[DatePublished] => 2009-11-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 461473 [Title] => Nearly 20% of Asia hedge funds close since 2008 [Summary] =>

HONG KONG (AP) – Almost 20 percent of Asia's hedge funds closed shop since the start of 2008 as a wave of investor redemptions and sharp losses amid the financial crisis took a heavy toll on the region's once high-flying industry, a new survey said Monday.

[DatePublished] => 2009-04-27 16:40:17 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [5] => Array ( [ArticleID] => 412201 [Title] => LOCAL NEWS: DOLE assures no mass retrenchment of workers [Summary] => The Department of Labor and Employment (DOLE) today assured that there will be no massive closure of commercial establishments ... [DatePublished] => 2008-11-03 15:44:56 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097338 [AuthorName] => Mayen Jaymalin [SectionName] => [SectionUrl] => [URL] => ) [6] => Array ( [ArticleID] => 25276 [Title] => Displaced workers up – DOLE [Summary] => [DatePublished] => 2007-11-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097338 [AuthorName] => Mayen Jaymalin [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [7] => Array ( [ArticleID] => 381198 [Title] => DOLE: Nearly 2,000 businesses closed in 2006 [Summary] => Nearly 2,000 businesses in Metro Manila close down in 2006 despite the improving economy, according to the Department of Labor and Employment (DOLE).

Department officials attributed the closures mostly to financial difficulties and a poor market.

DOLE statistics showed that a total of 1,180 commercial firms in Metro Manila closed down and retrenched workers in the first half of 2006 alone due to economic reasons.
[DatePublished] => 2007-01-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097338 [AuthorName] => Mayen Jaymalin [SectionName] => Metro [SectionUrl] => metro [URL] => ) [8] => Array ( [ArticleID] => 236447 [Title] => Firm closures on the rise in Metro [Summary] => Metro Manila apparently carried the heaviest burden of the economic crisis in the country for the past three years. Records from the Department of Labor and Employment (DOLE) showed that there is a continued rise in the number of commercial establishments closing shop in the metropolis. [DatePublished] => 2004-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097338 [AuthorName] => Mayen Jaymalin [SectionName] => Metro [SectionUrl] => metro [URL] => ) [9] => Array ( [ArticleID] => 106942 [Title] => Metro firms most affected by crisis [Summary] => Metro Manila, the country’s erstwhile employment capital, continues to carry the burden of the current political and economic crises.

Records from the Department of Labor and Employment showed that 61 percent, or the bulk of establishments resorting to permanent closures and retrenchments for nine months in 2000, were located in the National Capital Region.

Labor Secretary Bienvenido Laguesma said company closures and retrenchments remained largely concentrated in the NCR while the rest were distributed in other regions.
[DatePublished] => 2001-01-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) ) )
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