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Bank assets grow 10 percent to P24.8 trillion

Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

West divided over seizing Russian assets - Bloomberg

France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.  &n.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Resilient facilities, adequate rescue assets, among priorities in DRRM, says OCD chief

Resilient facilities, adequate rescue assets, among priorities in DRRM, says OCD chief.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Converge, Dito agree to share cable assets

Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Government tackling high construction costs

The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake

The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Ex-Bosconian players thrilled to join Cebu Football Club

CEBU CITY, Philippines —The Don Bosco Technical College (DBTC) Greywolves will be well-represented in the Cebu Football Club’s roster as three of its alumni players suited up for the club in the Philippines Football League (PFL). They’re none other than Kamil Jaser Amirul, Erich Rafael Orale, and Glen Thomas Ramos, who became known by many.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

IN PHOTOS: Balik Cebu 2024

Summary: The Balik Cebu 2024 event, hosted at the Terraces, Ayala Center Cebu, has been a prominent part of the Sinulog festival for 22 years. In collaboration with the Cebu City Government, Mactan International Airport Association, and other tourism stakeholders, it aims to welcome back balikbayans (returning Filipinos) for the grand Sinulog festival. The Balik Cebu Dinner Show offers balikbayans the complete Sinulog experience, featuring Filipino cuisine, performances by Cebuano artists, the Sinulog Mardi Gras, the presentation of Miss Cebu winners and her court, Tribu Basakanaon, and a band performance. Tickets priced at P500 can be purchased at the Balik Cebu Turista Desk by presenting a passport or proof of residence outside the Philippines. Balikbayans can also buy up to three additional tickets for non-balikbayans accompanying them. The event will take place at Ayala Center Cebu on January 18 at 6 PM. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Cebu City council seeks halt to CBRT construction due to heritage concerns

CEBU CITY, Philippines – The Cebu City Council resolved to halt the ongoing civil works of the Cebu Bus Rapid Transit (CBRT) project at the Cebu Provincial Capitol, citing concerns that the construction poses a visual intrusion on the iconic building. Vice Mayor Raymond Alvin Garcia brought forth the motion, urging the Office of the.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Fire hits school building in upland Cebu City barangay

Fire hits school building in upland Cebu City barangay.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

CFC Gentle Giants reveal PFL fixtures

CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants will start their Philippines Football League (PFL) 2024 season with three matches in April. To recall, the Gentle Giants has almost completed in the overhaul in its roster and coaching staff, introducing new and returning faces into its fold for the PFL. CFC had.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

Three Cebu booters make final cut for PHL FIFA World Cup 2026 qualifiers line-up

CEBU CITY, Philippines — Cebu Football Club’s Chima Uzoka and Jeremiah Borlongan and homegrown player Theo Libarnes made it to the final roster for the Philippine men’s national football team that will compete in the FIFA World Cup 2026 Qualifiers against Iraq on March 21 in Basra Stadium, Iraq.  Uzoka and Borlongan were among the.....»»

Category: sportsSource:  abscbnRelated NewsMar 13th, 2024

NUSTAR pays tribute to Cebu through its ‘I Love Cebu’ music video

NUSTAR Resort Cebu proudly announces the launch of its much-anticipated “I Love Cebu” campaign, marked by the premiere of its music video that beautifully captures the essence and allure of Cebu’s cultural richness and breathtaking landscapes. To debut on January 12, 2024, this music video offers a fresh interpretation of the “I Love Cebu” anthem......»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Philippine men’s volleyball coach puts premium on performance for 2025 worlds

Philippine men’s national volleyball team coach Sergio Veloso said that performance will be the main factor in building the team roster for the Federation Internationale de Volleyball (FIVB) men’s world championship next year......»»

Category: sportsSource:  philstarRelated NewsMar 22nd, 2024

ED attaches immovable assets worth Rs 4.81 crore of four individuals in J-K bank fraud case

New Delhi [India], March 11 (ANI): The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 4.81 crore of four individuals, including two jewellers and two engaged in tours and travels service, in Jammu and Kashmir linked to a bank fraud case. The attached properties are in the form of 18 Kanal of land and building which pertains to Isfaq Ahmad Zargar of Nikha Ornaments (12.5 marla), Khali.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Gwen orders to halt Cebu BRT construction in heritage buffer zones

CEBU CITY, Philippines —  Gov. Gwendolyn Garcia has ordered proponents of the Cebu Bus Rapid Transit (BRT) to halt civil works near Fuente Osmeña and the Capitol building for heritage protection purposes. Garcia has issued a memorandum, addressed to the Cebu BRT Team and the contractor, Hunan Road and Bridge Construction Group Ltd., to cease.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Willis Towers Watson Philippines adds SAVii to its employee benefits program

Award-winning employer WTW Philippines and salary-linked financial services provider SAVii have partnered to further fortify WTW’s employee benefits program......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Korean national dies after falling from Mactan building

LAPU-LAPU CITY, Cebu- A Korean national died after he reportedly fell from the second floor of a building in Mactan Newtown, in Barangay Mactan, Lapu-Lapu City. The incident was reported to the police at 1:10 a.m. on Saturday, January 27, 2024. Police Lieutenant Colonel Christian Torres, spokesperson of the Lapu-Lapu City Police Office (LCPO), said.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

OCCCI Sheermasters Sinulog Cup roster revealed

CEBU CITY, Philippines— The visiting OCCCI Sheermasters is all in for the upcoming Sinulog Cup 2024 Basketball Tournament, scheduled to take place from January 23 to 27, 2024, at the Cebu Coliseum. Hailing from Ormoc City, the Sheermasters will showcase some of the region’s finest local players, mostly comprised of current and former Cesafi and.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024