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Marcos laughs off ‘leaked’ PDEA report vs him, Maricel Soriano

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. on Monday merely laughed off drug use allegations hurled against him and actress Maricel Soriano, as claimed by a document purportedly leaked by the Philippine Drug Enforcement Agency (PDEA). Alleged PDEA files linking Marcos and Soriano to drug use circulated online, with Senator Ronald “Bato” dela Rosa seemingly lending.....»»

Category: newsSource:  inquirerRelated NewsMay 6th, 2024

Metrobank profit rises by 14 percent to P12 billion in Q1

Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Security Bank expects higher profit in 2024

Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Asialink eyes P2.4 billion in truck loans as e-commerce grows

Asialink Finance Corp. is looking at lending as much as P2.4 billion this year to the fast growing market for brand new and used trucks that are essential to the growth of e-commerce and logistics......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Lending startup unveils credit card for Gen Zs

Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Robbers kill guard dog to enter establishment

Unidentified robbers stole nearly P200,000 from RDM 128 Lending Corporation at Purok 4, Brgy. San Francisco, Panabo City......»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

BPI eyes return to debt markets in 1st half

Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Asialink loan releases jump 38% to P12.6 billion

Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Shooting: Angry man shoots debt collector in San Fernando

CEBU CITY, Philippines – A furious 76-year-old man from San Fernando town, southern Cebu shot the lady collector of his lending business for neglecting her job. The man whom witnesses said was angered by the apparent negligence of his collector who was seen engaging in a drinking spree, also attempted to kill himself on Monday.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Aghon’s agri, infra damage tops P1 billion — NDRRMC

Aghon, the first cyclone to hit the country this year, impacted 123 facilities in CALABARZON, bringing the cost of infrastructure damage to over P942.5 million. .....»»

Category: newsSource:  philstarRelated NewsJun 6th, 2024

Oil price rollback expected on June 11

Oil firms are expected to implement a rollback on pump prices on Tuesday, June 11......»»

Category: newsSource:  philstarRelated NewsJun 7th, 2024

Cloudseeding operations expected to induce more rains this week

Cloudseeding operations expected to induce more rains this week.....»»

Category: newsSource:  sunstarRelated NewsJun 4th, 2024

More eruptions expected in Kanlaon as Alert Level 2 raised

CEBU CITY, Philippines – Residents in areas near Mount Kanlaon are advised to keep vigilance as further eruptions may be expected following a phreatic eruption on Monday, June 3. The Philippine Institute of Volcanology and Seismology (Phivolcs) at 8 p.m. on Monday upgraded its volcano alert over Kanlaon from Alert Level 1 to Alert Level.....»»

Category: newsSource:  inquirerRelated NewsJun 3rd, 2024

Mixed adjustments expected in early June

Oil firms are expected to implement mixed adjustments to pump prices on June 3......»»

Category: financeSource:  philstarRelated NewsMay 31st, 2024