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DA: Shear line agriculture damage reaches P137 million
The shear line’s damage to the agriculture sector in Davao and Caraga reached P136.57 million covering at least 9,043 hectares of rice and corn, according to the Department of Agriculture......»»
Vietnam s GDP to reach nearly 470 bln USD in 2024: IMF
HANOI, March 14 (Xinhua) -- Vietnam's gross domestic product (GDP) is forecast to reach about 469.7 billion U.S. dollars by the end of 2024, ranking the fifth in Southeast Asia, Vietnam News reported Thursday, citing the International Monetary Fund (IMF). Indonesia, Thailand, Singapore and the Philippines have taken the leading positions in the forecast. According to IMF, Vietnam's GDP was estimated to ha.....»»
Global Dominion pushes for inclusive training programs for businessmen
This innovative initiative goes beyond training the company’s loan agents; it extends its reach to partner dealers and customers, offering valuable insights into essential topics such as business registration and expansion. .....»»
Global Dominion pushes for inclusive training programs for businessmen
This innovative initiative goes beyond training the company’s loan agents; it extends its reach to partner dealers and customers, offering valuable insights into essential topics such as business registration and expansion. .....»»
PLDT takes out P4 billion green loan for expansion
Telco leader PLDT Inc. has doubled down on its strategy to acquire sustainable loans as it took out P4 billion in green financing from Metropolitan Bank and Trust Co. to fund its network expansion......»»
Debt payments decline to P294 billion in February
The Marcos administration reduced its debt service to P294 billion in February amid the decline in the payment for the loan principal borrowed by the government......»»
New Mandaue city hall gets P3 billion financing
State-run Development Bank of the Philippines has extended a P3-billion loan financing to the local government of Mandaue in Cebu for the construction of a center that would boost delivery of services......»»
PLDT borrows P1 billion in green loans
Telco giant PLDT Inc. has borrowed P1 billion from the green loan facility of HSBC Philippines to bankroll the expansion and upgrade of its fiber network......»»
DOF finalizing P55.7 billion loan for Metro Manila subway
The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»
BPI lends fresh P7 billion to Home Credit Philippines
Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»
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......»»
Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
RCBC auto, housing loans hit P121 billion
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»
Philippine agriculture loses over 103 mln USD due to El Nino
MANILA, May 9 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached 5.9 billion pesos (103 million U.S. dollars), Philippine President Ferdinand Romualdez Marcos said Thursday. Marcos added that at least 3.6 million Filipinos across the country have been affected by the El Nino phenomenon. While the Philippines copes with the sweltering weather, the Southeast Asian cou.....»»
Agriculture loans hit P213 billion in 2022
The share of agriculture loans and services granted by the banking sector picked up to 18.1 percent in 2022 from 17.6 percent in 2021 as the agriculture industry slowly recovered from the COVID pandemic......»»
El Nino pattern costs Philippine agriculture over 68 mln USD
MANILA, April 19 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached over 3.94 billion pesos (roughly 68 million U.S. dollars), official data released on Friday showed. According to the Department of Agriculture, 11 regions across the Southeast Asian country are reeling from the weather phenomenon, which has affected nearly 74,000 farmers and fisherfolk. More than 66,000 he.....»»
El Nino costs Philippine agriculture up to 18.9 mln USD
MANILA, March 6 (Xinhua) -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 h.....»»
Philippines durian, avocado, mango exports rise in 2023
MANILA, Jan. 25 (Xinhua) -- The Philippines' durian, avocado, and mango exports rose by 4,000 percent, 316 percent, and 109 percent, respectively, in 2023, the Philippines' Department of Agriculture said Thursday. The country's department of agriculture said the Philippines last year exported 4,731 tons of fresh durian worth 1.89 billion pesos (33.44 million U.S. dollars), 3,045.6 metric tons of avocado valued a.....»»
Philippines durian, avocado, mango exports rise in 2023
MANILA, Jan. 25 (Xinhua) -- The Philippines' durian, avocado, and mango exports rose by 4,000 percent, 316 percent, and 109 percent, respectively, in 2023, the Philippines' Department of Agriculture said Thursday. The country's department of agriculture said the Philippines last year exported 4,731 tons of fresh durian worth 1.89 billion pesos (33.44 million U.S. dollars), 3,045.6 metric tons of avocado valued a.....»»
27 areas to reach dangerous heat index on May 11
State weather bureau PAGASA said that the heat index in 27 areas is expected to reach the dangerous levels on Saturday......»»