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DoF considering IPOs for LandBank, DBP

The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Landbank-DBP merger not pushing through – Recto

The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

8 breeding Philippine eagles transferred to new facility

EIGHT breeding Philippine eagles were finally transferred on February 13 to the National Bird Breeding Sanctuary (NBBS) located in Barangay Eden, Toril, Davao City......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

8 PH eagles to be transferred to new breeding facility in Barangay Eden

DAVAO CITY (MindaNews / 1 February)—Eight Philippine eagles will be transferred to a new breeding sanctuary of the Philippine Eagle Foundation (PEF) in Barangay Eden, Toril District in this city from its center in Barangay Malagos on the evening of February 13. The transfer will coincide with the foundation’s 37th anniversary. Nathaniele Noelle Nuelan, PEF […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Employee who drove away street kids using broom transferred

MANDAUE CITY, Cebu — The Lapu-Lapu employee who drove away street kids sleeping on the welcome signage of the Mactan Economic Zone 1 was transferred to a different department. The video of the incident went viral online and gained mixed reactions from netizens. In the video, the employee was seen approaching the kids with a.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2024

Roxas and Company finalizing plans to monetize vast landbank of farmland

Roxas and Company clarified a report by BIlyonaryo that it could use some of its massive agricultural landbank in a tie-up with Manny Pangilinan’s SP New Energy......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

Landbank continues to waive transfer fees below P1,000

In an advisory, Landbank said it will continue to waive fees for fund transfers to other banks sent through InstaPay and PESONet as long as it is below P1,000......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

FACT CHECK: Link for scholarship program posted by fake Landbank page

Both the Facebook page and the link for the supposed scholarship program are not affiliated with Landbank, according to a Facebook post on its official and verified page.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac

Mayor Sammy Laynes conveys his appreciation for the service rendered by outgoing Chief of Police Robert Kevin Caparosso during his tenure at the Virac Municipal Police Station for several years. Meanwhile, the mayor pledges his full support to the new leadership under OIC Chief of Police Emsol Icawat. “We also thank our outgoing chief, PMAJ […] The post The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsJan 30th, 2024

Former BFAR director added to list of DA usecs

Agriculture Secretary Francisco Tiu Laurel Jr. has appointed former Bureau of Fisheries and Aquatic Resources director Asis Perez as undersecretary for policy, planning and regulations amid the ongoing major reshuffle at the department......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

From the Newsrooms: January 15 to 20, 2024

MEDIA REPORTED earlier this month the reshuffle in the Department of Agriculture (DA). The retirement of two senior career undersecretaries, Leocadio Sebastian and Domingo Panganiban, caused ranking officials to be shifted around. Reports noted that some of the.....»»

Category: newsSource:  manilanewsRelated NewsJan 23rd, 2024

DBP eyes pact with CL state firms, LGUs

State-owned Development Bank of the Philippines is actively engaging several state corporations based in Central Luzon in a bid to expand its services to priority clientele especially those outside of its traditional market and city centers, a top official said......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

DBP seeks capital buildup of up to P300 billion

State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

DBP lends P116 million for swine farm expansion

State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DBP lends P2 billion for Palawan infrastructure projects

State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

500 Bilibid inmates moved to Davao prison

At least 500 prisoners from the New Bilibid Prison (NBP) in Muntinlupa have been transferred to the  Davao Prison and Penal Farm......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Unused lands transferred from Sablayan, Iwahig penal farms can be reverted to BuCor — DOJ

In a five-page legal opinion penned by Justice Secretary Jesus Crispin Remulla, the BuCor can “revoke the transfer” of some parcels of land from the Sablayan Prison and Penal Farm in Occidental Mindoro and Iwahig Prison and Penal Farm from the DA and Puerto Princesa LGU after its purpose of the transfer of lands was not fulfilled. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Pope Francis appoints new archbishop in Bicol

Alarcon, who was the former Bishop of the Diocese of Daet, has been transferred to the archdiocese which holds jurisdiction in the third, fourth and fifth congressional districts of Camarines Sur, Naga City, Iriga City and the Municipality of Gainza......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Ex-Palawan governors trial moved to Quezon City

The Supreme Court has ordered the trial of former Palawan governor Joel Reyes, who is accused of murdering environmentalist and broadcaster Gerry Ortega in 2011, transferred from Palawan to Quezon City......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

US military moving fuel closer to Taiwan

The American Embassy in Manila has confirmed a shipment from a naval base in Hawaii to a commercial site in the Philippines The US has confirmed that it has transferred large amounts of fuel from a military base in Hawaii to storage facilities across Southeast Asia. The announcement came after a Philippines senator ra.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024