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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

P2.34-M Pagcor grant to boost Himamaylan’s resilience efforts

P2.34-M Pagcor grant to boost Himamaylan’s resilience efforts.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 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

IC collects over P500 million fees in 2023

The government collected more than P500 million in registration and supervision fees from insurance firms last year......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

ADB OKs $400,000 assistance to Philippines for offshore wind projects

The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Increasing flood resilience across the Wairarapa

Flood resilience across the Wairarapa will be increased thanks to the Government's commitment of more than $8 million across five projects."Today, I am visiting the Wairarapa as part of the Government's 100-day plan to meet with community representatives affected by the 2023 severe weather events to understand what can be done to speed up and simplify recovery efforts," Emergency Management an.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Senior, PWD discounts on groceries to increase to P500 monthly

Senior, PWD discounts on groceries to increase to P500 monthly.....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 28th, 2024

IPHO-Lanao del Sur gets P1.5-M grant, supplies

The community service programs of the Integrated Provincial Health Office-Lanao del Sur got a boost with a P1.5 million grant and 20 new wheelchairs from a ranking Bangsamoro regional parliament member, its top official announced on Sunday......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Sara reveals she will run in next polls

Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Mandaue council oks new traffic scheme

Mandaue council oks new traffic scheme.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

House panel OKs tax-free hazard pay to judges, prosecutors

A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Espinoza: No budget for coastal roads?

Espinoza: No budget for coastal roads?.....»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Alex Bruce ibinandera ang resilience, empowerment sa single na ‘SWOOSH’

NAGLABAS ng empowering anthem ang Pinay rapper na si Alex Bruce kasabay ng pagdiriwang ng “International Women’s Month.” Ito ang “SWOOSH” via Sony Music Entertainment na tungkol sa resilience, achievement, at empowerment. Bilang isa sa ambassadors ng international activewear brand na Nike, nais niyang iparating sa kanta ang iconic trademark nito na “Just Do It!”.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Mandaue to build resilience centers across city clusters

Mandaue to build resilience centers across city clusters.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Tudela among 75 towns to receive P13.3M grant

Tudela among 75 towns to receive P13.3M grant.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

6 coastal areas in Visayas, Mindanao test positive for red tide

MANILA, Philippines — Six coastal areas in the country have tested positive for red tide, the Bureau of Fisheries and Aquatic Resources (BFAR) said. BFAR said in its advisory on Friday, April 12, that the affected areas in Visayas and Mindanao listed below had paralytic shellfish poison or toxic red tide above the regulatory limit:.....»»

Category: newsSource:  inquirerRelated NewsApr 14th, 2024