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ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

ADB, iSON ink deal to boost Philippines digital connectivity

MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

ADB, iSON ink deal to boost Philippines digital connectivity

MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Cebu City eyes ‘Singapore-like’ railway system to improve transport

CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka

Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

President Marcos: Look for new fund source for Mindanao railway

President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

BBM kinasa komite sa mga railway project

Gumawa ng isang komite si Pangulong Bongbong Marcos para asikasuhin ang mga right of way sa mga railway project ng gobyerno. The post BBM kinasa komite sa mga railway project first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

Mindanao railway project up for NEDA review

The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Clark looks lifeless

Compared to the bustling areas around Clark from Mabalacat to Angeles City, Clark seems rather dead. Yet, Clark Development Corp. reports investments worth P44.4 billion in the first quarter of this year. Baka promised investments lang, yet to see the light of day......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Carworld Malolos celebrates 30 years of service excellence

Carworld Malolos celebrates 30 years of service excellence.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Clark Water spending P5.6 billion for freeport service upgrade

Clark Water Corp., a subsidiary of Manila Water Philippine Ventures, is spending P5.56 billion to improve its services in the Clark Freeport Zone......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Yokohama investing P3.5 billion to expand Clark tire plant

Japanese company Yokohama Rubber Co. Ltd. is set to spend P3.5 billion for the expansion of its tire plant in Clark, according to the Clark Development Corp......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

ROW process for Mindanao railway underway

The government is focused on securing right-of-way for the Mindanao Railway project for the meantime as it has yet to find a new funding source for the infrastructure......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Clark also being eyed as mega food complex

The Department of Trade and Industry and the Department of Agriculture have partnered with Clark International Airport to collaborate in the development of a mega food hub in Clark City......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

BCDA sets transfer of PAF facilities to New Clark City

The Bases Conversion and Development Authority is moving forward with the P4.24 billion project to transfer the Philippine Air Force housing facilities from the Air Force City in Clark Freeport Zone to an 85-hectare property in New Clark City......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Marcos creates committee to facilitate right-of-way acquisition for railway projects

Marcos creates committee to facilitate right-of-way acquisition for railway projects.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Inter-agency committee formed to streamline land acquisition for nat l railway projects

The government has created an inter-agency committee to standardize the process of land acquisition for the implementation of the country’s railway projects......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Marcos forms body to expedite railway projects

President Marcos has formed an inter-agency body aimed at accelerating the government’s railway projects, including efficiently resolving right-of-way issues......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

PNR to completely suspend Metro Manila operations - International Railway Journal

PNR to completely suspend Metro Manila operations International Railway Journal.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024