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......»»
Butuanon tricycle driver earns praises for returning P300,000 cash
BUTUAN CITY (MindaNews / 01 March) – For his honest act of returning P300,000 in cash left by a passenger, a tricycle driver is making headlines here, receiving praises from the online community and special recognition from the city government. Delfin Añora Jr., an elderly tricycle driver from Barangay Baan Riverside, handed over last February […].....»»
Maroons gain new backer, head overseas for UAAP buildup
The UP Fighting Maroons received a big boost in their UAAP Season 87 men’s basketball buildup as BPI joined the list of backers for the Diliman-based team earlier this month......»»
Tulfo’s bill seeks to impose stricter penalties for drunk drivers
MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»
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......»»
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.”.....»»
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......»»
PAL hikes capital to P30 billion
Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit......»»
ALI to raise P50 billion in debt capital
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»
Capital One to Acquire Discover for $35 Billion in Merger of Major US Credit Card Companies
Capital One Financial has announced plans to purchase Discover Financial Services in a landmark deal valued at $35 billion. The acquisition, which will be an.....»»
Malaysian airline Capital A records load factor of 88 pct in FY2023
KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»
Malaysian airline Capital A records load factor of 88 pct in FY2023
KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»
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......»»
Liza Soberano wears P300,000 dress to Elton John s Oscars party
Actress Liza Soberano is slowly rising up the Hollywood ranks after attending the annual Oscars party hosted by British singer Elton John......»»
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......»»
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......»»
SSS pushed P300 million into REITs in Q4
Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»
Calapan, Oriental Mindoro barangay councilman stabbed dead in his house
The Calapan mayor and the Rotary Club offered a reward of P300,000 for information to help solve the killing of Anacorito Bolor, a barangay official fond of wearing gold necklaces, bracelets, and rings in public.....»»
MPBL: Pangasinan, Abra eye impact; Tarlac keeps buildup under wraps
The Pangasinan Heatwaves and the Abra Weavers may be newcomers, but they wouldn't be pushovers in the 6th MPBL Season starting on April 6 at the Calasiao Sports Complex......»»
DOJ releases guidelines on case-buildup for online sexual harassment
The Department of Justice said that it crafted guidelines for gathering evidence and case build-up of gender-based online sexual harassment. .....»»
Hidilyn Diaz eyes World Cup campaign in buildup for ‘last Olympics’
Opting to pace herself this time, Hidilyn Diaz skips the Asian Championships to focus on the World Cup, where the Filipina weightlifter vies to punch a Paris Olympics ticket.....»»