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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

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

Geeks On A Beach: PH startups eyeing $1-billion in funding deals this 2023

Startups in the Philippines have quietly won $1-billion in total funding deals for two straight years in a row in 2021 to 2022, and there are indications they could continue the winning trend. New funding deals may yet to be clinched at the Geeks On A Beach (GOAB) international conference on November 22 to 24 […].....»»

Category: sportsSource:  abscbnRelated NewsApr 10th, 2024

Mober raises $2 million in seed funding

Logistics services provider Mober is accelerating the integration of electric vehicles into its fleet after securing $2 million in seed funding......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

‘Congress can provide funding for SHS vouchers for SUCs’

An opposition legislator yesterday offered a solution to the Commission on Higher Education problem regarding the discontinuation of vouchers for senior high school students, saying that Congress can still provide funding if needed......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

China sidetracked as funding source for PNR Bicol

The government is taking another funding route for the Philippine National Railways South Long Haul, also called the PNR Bicol instead of China. It is seeking the assistance of the Asian Development Bank instead to pursue the long-delayed rail project......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Philex unit secures $70 million funding for Silangan mine

A wholly owned subsidiary of Pangilinan-led Philex Mining Corp. has secured an additional $70 million funding for the development and operation of its Silangan mine project in Surigao del Norte......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Iloilo Airport to get P190-M funding for rehabilitation

Iloilo Airport to get P190-M funding for rehabilitation.....»»

Category: newsSource:  sunstarRelated NewsJan 23rd, 2024

Makabayan bloc seeks probe into funding of charter change initiatives

In a resolution Reps. France Castro (ACT Teachers Party-list), Arlene Brosas (Gabriela Women’s Party) and Raoul Manuel (Kabataan Party-list) called for a probe by the House’s committee on public accounts, stressing the public deserves to know the source of funding for the renewed attempt to change the Constitution. .....»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

SEC raises penalties for late, non-filing of reports

SEC raises penalties for late, non-filing of reports.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

DOH raises Code White Alert for Holy Week

DOH raises Code White Alert for Holy Week.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

Guterres: UN to punish staffers involved in ‘terror,’ urges UNRWA funding

UN Secretary-General Antonio Guterres implores governments to continue supporting the UN refugee agency for Palestinians after multiple countries paused funding.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

Top donor to resume funding UNRWA

Top donor to resume funding UNRWA.....»»

Category: newsSource:  sunstarRelated NewsMar 10th, 2024

DOST supports researchers with P500K funding program

DOST supports researchers with P500K funding program.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Mober secures $2-M in seed funding to electrify Philippine logistics

Mober secures $2-M in seed funding to electrify Philippine logistics.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

World Bank urges Philippines to address funding, infrastructure challenges

The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024