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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

BSP: Digitizing microfinance services will boost financial inclusion

Digitizing microfinance institutions could promote further financial inclusion in the country as borrowers from the unserved and underserved segments of the population will be able to access a wider range of financial services......»»

Category: financeSource:  philstarRelated NewsMar 30th, 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

Jollibee invests $28 million in beverage tech firm

Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Creador invests P4 billion into Asialink

Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Women s Month: Oldest Filipina runner, women from all walks of life join Women s Run

Brave and bold women participated at the Women’s Run in SM Mall of Asia Complex last Sunday, celebrating women who have paved the way and have broken barriers in their careers and daily lives by being strong and fearless......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

ADB lends $20 million for affordable housing project

The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

ADB lends P2.4 billion to iSON for buildup of telco towers

The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

ADB OKs $400,000 assistance to Philippines for offshore wind projects

The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Jollibee invests more in Titan Dining

Filipino-owned Asian food conglomerate Jollibee Foods Corp. has expanded its investments Titan Dining Partners Ltd., which manages Titan Dining LP, the private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Mining firm pinagmulta ng P560M

Higit P560 milyon ang multang kailangang bayaran ng isang mining firm dahil sa hindi awtorisadong pagtrade ng mga unissued at unlisted shares mula 2015 hanggang 2019. The post Mining firm pinagmulta ng P560M first appeared on Abante......»»

Category: newsSource:  abanteRelated News2 hr. 14 min. ago

ADB: Manufacturing benefits the most from remittances

The manufacturing sector is the biggest recipient of spending made by households receiving remittances from overseas Filipino workers, according to the Asian Development Bank......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

CARD MRI clinches Digital Financial Inclusion Award

CARD Mutually Reinforcing Institutions (CARD MRI) was selected as one of the five microfinance institution (MFI) winners at the 2nd Digital Financial Inclusion Awards......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

CARD Inc. Medical Services opens in Tanauan, Leyte

CARD, Inc. - CARD MRI’s Microfinance and Health Protection (MaHP) opens a clinic and laboratory facility that offers medical services in Tanauan, Leyte on October 5, 2023......»»

Category: newsSource:  samarnewsRelated NewsMar 22nd, 2024

Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF

Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF

Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024

Japan ginto sa Asian Age group women’s water polo

CAPAS, TARLAC — Umakyat ang Japan sa ikaanim na sunod na panalo nitong Sabado para angkinin ang gintong medalya sa 11th Asian Age Group Championships women’s water polo competition sa New Clark City Aquatic Center dito. Si Skipper Shoka Fukuda ay naghatid ng nine goals habang si Kaho Shironoshita ay nagdagdag ng anim sa 24-6 ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsMar 11th, 2024