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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

Baguio City’s data system attacked 3M times in 2023

The Baguio City government's data system was attacked by cybercriminals at least three million times in 2023, but it survived all of them, the Management Information Technology Division of the Baguio City Mayor's Office said......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

US, China defense chiefs hold first call since 2022

Pentagon - U.S. Defense Secretary Lloyd Austin spoke with his Chinese counterpart on Tuesday, the first dialogue between the two countries' defense chiefs in nearly 17 months.The Pentagon said Austin and Chinese Admiral Dong Jun discussed "defense relations" and global security issues from Russia's unprovoked war in Ukraine to recent provocations from North Korea. A press release said Austin stressed the importa.....»»

Category: newsSource:  manilanewsRelated NewsApr 17th, 2024

Philippines, US discuss EDCA site logistics

Defense officials of the Philippines and the United States met to discuss the logistics capabilities in Enhanced Defense Cooperation Agreement sites, the Department of National Defense said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

Philippines defense strategy operationalized

The Philippines is setting into motion a defense strategy focused on securing and protecting the country’s territorial waters, including marine resources, Defense Secretary Gilbert Teodoro Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

New Delhi raises target for defense exports

India is set to increase production of aircraft engines and gas turbines, aiming to become a major player in the arms tradeThe Indian government has increased its annual target for defense and aerospace production to $36 billion, while raising the export target to $6 billion. Indian Defense Minister Rajnath Singh said the country aims to increase its production of jet engines and gas turbines to.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

Philippines Defense Secretary wants more troops in islands near Taiwan

MANILA, The Philippines: The Philippines is set to bolster its military presence on islands adjacent to Taiwan, aiming to enhance its territorial defense capabilities, as announced by Defense Secretary Gilberto Teodoro. During his visit to naval facilities on the remote Batanes islands, less than 125 miles from Taiwan, Teodoro instructed the military to increase troop deployments and called for the development o.....»»

Category: newsSource:  manilanewsRelated NewsFeb 10th, 2024

Philippines mulls defense asset acquisition from Sweden

The Philippines, through the Department of National Defense , is exploring the possibility of acquiring defense assets from Sweden......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

EDCA with Canada, defense pact with UK – DND

Defense Secretary Gilbert Teodoro Jr. confirmed on Tuesday that a memorandum of agreement or understanding with Canada on enhanced defense cooperation is in the works and may be signed soon......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Defense, disaster reduction efforts highlight OCD s Canadian partnership

The Office of Civil Defense (OCD) and the Embassy of Canada officials held a dialogue on areas of cooperation, focusing on the former’s priority programs in civil defense and disaster risk reduction and management (DRRM)......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Swedens Defense Ministry Causes Panic with Dire War Warning – The Daily Guardian

Title: “Swedish Defense Officials Warn of Impending Conflict as NATO Membership Looms” In a shocking revelation, Swedish defense officials have issued a warning regarding the.....»»

Category: sportsSource:  abscbnRelated NewsJan 12th, 2024

Cebu City to build ‘new Sambag Ville’

CEBU CITY, Philippines — “We will build a new Sambag Ville,” announced Cebu City Mayor Michael Rama on Monday, April 15. He said this announcement during his meeting with barangay officials of Sambag II, the Cebu City Disaster Risk Reduction and Management Office (CCDRRMO), and the National Housing Authority, in response to the recent fire.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

NHA to build P72.7-M housing project in Zambo City

NHA to build P72.7-M housing project in Zambo City.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town

CEBU CITY, Dec. 17 (PNA) — Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in northern Cebu.........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Build ‘turtle ships’ to resupply Ayungin

Our engineers must build “turtle ships.” Such ships would fend off Chinese ramming, laser gunning and water cannoning in our seas......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Banks’ bad loans rise in February

The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Dusit Thani, Sheraton to build hotels in Cagayan de Oro 

CAGAYAN DE ORO CITY (MindaNews / 24 March) — Two international hotel chains — Sheraton and Dusit Thani –  are set to build hotels in this city, the third in Mindanao for Dusit Thani and the first in Mindanao for Sheraton.  Dusit Thani operates two in the Davao region – Dusit Thani Residence Davao in Davao […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

All residents in no-build zone prioritized for relocation

All residents in no-build zone prioritized for relocation.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024