1. Philippine National Bank (PNB - Deposit, foreign exchange and Money Market) Manila restituted University of the Philippines Diliman(UP-Diliman) the full amount involved on the same day that their time deposit(Annual Deposit with hith Interest rate depending on bank invorlve, could change in anytime) matured in March 2007. Hence, the statement “UP has so far been unable to recover the money” is not factual.
2. Sometime in 2007 and 2008, PNB filed separate charges(in the court) of estafa and qualified theft before the Regional Trial Court of Quezon City, Meto Manila against two of its former employees at the UP Diliman Branch who were involved in the case.
TravelI Info in case travelling to singapore:
Bank, Money or Currency Changer | Transfer in SINGAPORE, Rahiman Trading Money Changer and SingTel Singapore, Raffles Money Change Pte Ltd Clifford Centre, Singapore, Raffles Money Change Pte Ltd Jurong Point, Singapore
International News.
Oil prices (Market Data) plunged more than 8% Thursday as weak economic data and a weak US dollar drove crude to its biggest one-day drop since years.
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Closely-watched economic numbers coming out this week include April retail sales, producer and consumer inflation figures and the first reading on May consumer confidence.
Investors will also keep an eye on the weekly initial jobless benefits report, particularly since last week's claims number jumped by 43,000, considerably worse than what economists had predicted. The claims figure helped fuel a 140 point drop in the Dow on Thursday.
"We have to see if last week's number was an abnormality," said Curvin Miller, vice president of wealth advisory firm Russell & Company.
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