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                    [Title] => Buenaventura takes over at DBP
                    [Summary] => 
Former Bank of the Philippines Island (BPI) executive Gil Buenaventura took his oath yesterday as the new president and chief executive officer of state-owned Development Bank of the Philippines (DBP).
                    [DatePublished] => 2012-10-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 468355
                    [Title] => SEC assures 22 pre-need companies can meet obligations to planholders
                    [Summary] => 
MANILA, Philippines - The Securities and Exchange Commission (SEC) has assured the public that the remaining 22 licensed pre-need companies with a combined trust fund of P62 billion, can meet their obligations to planholders.
                    [DatePublished] => 2009-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 458864
                    [Title] => Only 2 of 24 pre-need firms submit capital build-up plans
                    [Summary] => 
MANILA,  Philippines - Only two out of the 24 pre-need firms with an existing dealer’s license submitted their capital build-up plans to the Securities and Exchange Commission, fanning speculations that the rest are likely to wind down operations due to a prolonged global financial downturn.
                    [DatePublished] => 2009-04-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => 1/3 of pre-need firms seen to wind down operations
                    [Summary] => 
MANILA, Philippines - Around a third of the pre-need companies operating in the country are forecast to wind down operations and just focus on servicing existing clients rather than continue to compete for a shrinking base of customers, an industry source said.
                    [DatePublished] => 2009-03-06 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Pre-need firms down to 29 in 2006
                    [Summary] => 



The number of companies licensed by the Securities and Exchange Commission to sell pre-need plans dropped to 29 from 30 last year.


SEC spokesperson Gerard Lukban said the companies that were issued dealer licenses include Ayala Plans Inc., Berkley International Plans Inc., Loyola Plans Consolidated Inc., Manulife Financial Plans Inc., Pacific Plans Inc., Permanent Plans Inc., Philam Plans, Prudentialife Plans, and Sunlife Financial Plans.


                    [DatePublished] => 2007-01-17 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 174549
                    [Title] => Ayala Plans hikes trust fund to P1-B
                    [Summary] => Ayala Plans Inc., a wholly-owned subsidiary of the Bank of the Philippine Islands (BPI), has topped P1 billion in trust funds as of end-July 2002. For a company that is less than eight years in operation, Ayala Plans’ trust fund is considered to be among the fastest growing with an annual average of 101 percent.


BPI Insurance group president Alfonso Salcedo Jr. Said Ayala Plans achieved this milestone through conservative fund management policies, coupled with aggressive sales, marketing and collection operations.


                    [DatePublished] => 2002-09-03 00:00:00
                    [ColumnID] => 133272
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AYALA PLANS INC

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                    [ArticleID] => 855349
                    [Title] => Buenaventura takes over at DBP
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Former Bank of the Philippines Island (BPI) executive Gil Buenaventura took his oath yesterday as the new president and chief executive officer of state-owned Development Bank of the Philippines (DBP).
                    [DatePublished] => 2012-10-03 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 468355
                    [Title] => SEC assures 22 pre-need companies can meet obligations to planholders
                    [Summary] => 
MANILA, Philippines - The Securities and Exchange Commission (SEC) has assured the public that the remaining 22 licensed pre-need companies with a combined trust fund of P62 billion, can meet their obligations to planholders.
                    [DatePublished] => 2009-05-18 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 458864
                    [Title] => Only 2 of 24 pre-need firms submit capital build-up plans
                    [Summary] => 
MANILA,  Philippines - Only two out of the 24 pre-need firms with an existing dealer’s license submitted their capital build-up plans to the Securities and Exchange Commission, fanning speculations that the rest are likely to wind down operations due to a prolonged global financial downturn.
                    [DatePublished] => 2009-04-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => 1/3 of pre-need firms seen to wind down operations
                    [Summary] => 
MANILA, Philippines - Around a third of the pre-need companies operating in the country are forecast to wind down operations and just focus on servicing existing clients rather than continue to compete for a shrinking base of customers, an industry source said.
                    [DatePublished] => 2009-03-06 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 380384
                    [Title] => Pre-need firms down to 29 in 2006
                    [Summary] => 



The number of companies licensed by the Securities and Exchange Commission to sell pre-need plans dropped to 29 from 30 last year.


SEC spokesperson Gerard Lukban said the companies that were issued dealer licenses include Ayala Plans Inc., Berkley International Plans Inc., Loyola Plans Consolidated Inc., Manulife Financial Plans Inc., Pacific Plans Inc., Permanent Plans Inc., Philam Plans, Prudentialife Plans, and Sunlife Financial Plans.


                    [DatePublished] => 2007-01-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [URL] => 
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                    [ArticleID] => 174549
                    [Title] => Ayala Plans hikes trust fund to P1-B
                    [Summary] => Ayala Plans Inc., a wholly-owned subsidiary of the Bank of the Philippine Islands (BPI), has topped P1 billion in trust funds as of end-July 2002. For a company that is less than eight years in operation, Ayala Plans’ trust fund is considered to be among the fastest growing with an annual average of 101 percent.


BPI Insurance group president Alfonso Salcedo Jr. Said Ayala Plans achieved this milestone through conservative fund management policies, coupled with aggressive sales, marketing and collection operations.


                    [DatePublished] => 2002-09-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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abtest

Buenaventura takes over at DBP

By Donnabelle L. Gatdula | October 3, 2012 - 12:00am

Former Bank of the Philippines Island (BPI) executive Gil Buenaventura took his oath yesterday as the new president and chief executive officer of state-owned Development Bank of the Philippines (DBP).

Business

SEC assures 22 pre-need companies can meet obligations to planholders

By Zinnia B. Dela Peña | May 18, 2009 - 12:00am

MANILA, Philippines - The Securities and Exchange Commission (SEC) has assured the public that the remaining 22 licensed pre-need companies with a combined trust fund of P62 billion, can meet their obligations to...

Business

Only 2 of 24 pre-need firms submit capital build-up plans

By Zinnia B. Dela Peña | April 20, 2009 - 12:00am

MANILA, Philippines - Only two out of the 24 pre-need firms with an existing dealer’s license submitted their capital build-up plans to the Securities and Exchange Commission, fanning speculations that the...

Business

1/3 of pre-need firms seen to wind down operations

By Zinnia B. Dela Peña | March 6, 2009 - 12:00am

MANILA, Philippines - Around a third of the pre-need companies operating in the country are forecast to wind down operations and just focus on servicing existing clients rather than continue to compete for a shrinking...

Business

Pre-need firms down to 29 in 2006

By Zinnia B. Dela Peña | January 17, 2007 - 12:00am

The number of companies licensed by the Securities and Exchange Commission to sell pre-need plans dropped to 29 from 30 last year. SEC spokesperson Gerard Lukban said the companies that were issued dealer...

Business

Ayala Plans hikes trust fund to P1-B

September 3, 2002 - 12:00am

Ayala Plans Inc., a wholly-owned subsidiary of the Bank of the Philippine Islands (BPI), has topped P1 billion in trust funds as of end-July 2002. For a company that is less than eight years in operation, Ayala Plans’...

Banking