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More banks keen on green financing – BSP
More banks in the Philippines have expressed interest to finance green and sustainable projects in the country amid the need to fund efforts that would mitigate impacts of climate change......»»
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......»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
‘Invest to generate passive income’
Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»
Cebu Landmasters FY23 profit: P4.6-B (up 29%)
Cebu Landmasters [CLI 2.85 unch] [link] teased its FY23 performance at an analyst briefing where it revealed full-year net income of P4.6 billion (up 29%) and total revenues of P18.8 billion (up 20%)......»»
Worldwide Central Breaks Ground on Vitale Suites, Bringing Singapore-inspired Living to Mandaue
Worldwide Central Properties, Inc. proudly unveiled its latest venture, Vitale Suites, during a groundbreaking ceremony that marked the beginning of a new era for mixed-use residential and hotel developments in Mandaue City. Vitale Suites aims to redefine the landscape of urban living by bringing Singapore-inspired elegance to the heart of Mandaue. Worldwide Central Properties joined.....»»
‘Higher interest rates are here to stay’
The Bangko Sentral ng Pilipinas is likely to hold on to higher rates for a little longer, moving in lockstep with the US Federal Reserve and the rest of the central banks globally......»»
iPhone 16 Pros A18 Pro Chip Rumored to Boost AI, Retain 6-Core GPU
Apple’s upcoming A18 Pro chip for the iPhone 16 Pro models is set to bring significant improvements in artificial intelligence performance, according to analyst Jeff.....»»
Public services at risk of being weaponized in Marcos-Duterte feud, analyst says
Public services meant for marginalized Filipinos may be exploited to capture supporters amid the spat between the Marcoses and the Dutertes, a political science professor said, underscoring how the public ultimately shoulders the cost of warring political parties......»»
The Importance of Still Keeping Loose Change
In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»
Sara tagilid kay Raffy sa 2028 eleksiyon
Mahihirapan si Vice President Sara Duterte na talunin sa 2028 presidential elections si Senador Raffy Tulfo, ayon sa political analyst na si Ronald Llamas. The post Sara tagilid kay Raffy sa 2028 eleksiyon first appeared on Abante......»»
Philippine-US defense treaty doesn t trigger immediate military action — analyst
Maritime expert Jay Batongbacal addressed misconceptions about the Philippine-US Mutual Defense Treaty, saying that the treaty does not require an immediate military response in maritime conflicts......»»
Daily Guardian: Anticipating iPhone 16 Models with Enhanced Displays and Capture Button
Apple analyst Ming-Chi Kuo has recently made some intriguing revelations about the upcoming iPhone 16 models. According to Kuo, these new iPhones will not undergo.....»»
BSP to be more cautious on lowering rates – S& P
The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»
Asian qualifying results for 2026 FIFA World Cup
BEIJING, March 22 (Xinhua) -- Following are Thursday's results in Asian qualifying for the 2026 FIFA World Cup in the United States, Canada and Mexico: Group A At Doha Qatar bt Kuwait 3-0 At Abha, Saudi Arabia Afghanistan tied India 0-0 Group B At Tokyo Japan bt DPR Korea 1-0 At Yangon Myanmar tied Syria 1-1 Group C At Seoul South Korea tied T.....»»
Central Visayas cops told to take cover….against the sun
CEBU CITY, Philippines – Central Visayas cops specially those who are out on the streets are reminded to always protect themselves against the scorching heat. Police Lieutenant Colonel Gerard Ace Pelare, PRO-7 spokesperson told policemen to always keep themselves hydrated in order to be fit to work despite the hot weather. Ever since summer began,.....»»
Tickets to 11th Asian Age Group swimming tilt now available
Multi-day tickets for the 11th Asian Age Group Championships are now on sale online......»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
BSP to banks, financial institutions: Prioritize national ID as top identification
The central bank said that institutions should “adopt enhanced measures to ensure the broad acceptance of the PhilID” whether its physical or electronic version as a valid proof of identity and age for all financial transactions. .....»»