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ADB lends $20 million for affordable housing project
The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
Development plan for MILF’s former main bastion gains support
Town mayors around the erstwhile iconic main enclave of the Moro Islamic Liberation Front in Maguindanao del Norte are ready to help push forward Malacañang’s 20-year development plan aiming to transform the area into an economic hub......»»
DFNN, Spanish partner to revolutionize Philippines tech landscape
Listed DFNN Inc. and Spain’s CIC Consulting Informático are looking to revolutionize the country’s technology landscape......»»
DSWD: Beggars earn up to P1,500 daily
Beggars in Metro Manila are receiving P1,000 up to P1,500 daily from empathetic motorists, a Department of Social Welfare and Development official said yesterday......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
CIMB boosts financial inclusion with Lazada
Digital-only commercial bank CIMB Bank Philippines has teamed up with e-commerce platform Lazada Philippines to further advance financial inclusion and digital payments among Filipinos, targeting to onboard 500,000 borrowers within six months......»»
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......»»
Sports and medical tourism eyed to sustain Davao-Manado-Davao flights
DAVAO CITY (MindaNews / 11 January) — Sports and medical tourism is the “low-hanging fruit” that can sustain the possible revival of the air connectivity between Davao City and Manado in Indonesia, a business leader said. Arturo Milan, co-chair of the Regional Development Council, told “Wednesdays Media Forum at the Habi at Kape,” that tourism could potentially […].....»»
Man-made disasters cost Philippines 164.87 mln USD in 2023
MANILA, March 26 (Xinhua) -- Man-made disasters caused the total damage in the Philippines worth 9.29 billion pesos (164.87 million U.S. dollars) in 2023, the Philippine Statistics Authority (PSA) said Tuesday. The agency said that out of the total annual damage, 4.93 billion pesos (87.5 million dollars), or 53.1 percent, was due to the oil spill. "The reported oil spill in various regions resulted in dam.....»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
More Infra Needed as BPO Workers Rises to 1.7 Million Workers by End of 2023
The business process outsourcing in the Philippines employed a total of 1.7 million workers and generated revenues worth at least 35 billion USD at the end of 2023, according to a report. But for the local industry not to get left behind by other countries, stakeholders want continued investment in infrastructure, real estate, reliable internet, […].....»»
Philippine exports surpass 100 bln USD in 2023
MANILA, April 1 (Xinhua) -- Philippine exports exceeded 100 billion U.S. dollars for the first time in 2023, with a total of 103.6 billion dollars, a 4.8 percent increase from 2022, the Philippines' Department of Trade and Industry (DTI) said Monday. Citing data from the Bangko Sentral ng Pilipinas (BSP), the country's central bank, DTI Secretary Alfredo Pascual said that the strong performance of the informatio.....»»
Asian Age Group C ship: Iran Beats Singapore
TEHRAN (Tasnim) - Iran's youth water polo team defeated Singapore 19-8 at the 11th Asian Age Group Championship on Thursday. - Sports news - Iran had previously defeated Malaysia, Sri Lanka and Kazakhstan in Group B.Iran will meet the winner of Uzbekistan and China in the semifinal on Friday.The 11th Asian Age Group Championships include four aquatic disciplines, namely swimming, diving, water.....»»
Iran Youth Water Polo 2nd at Asian Age Group C ship
TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»
Iran Youth Water Polo 2nd at Asian Age Group C ship
TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»
Iran Youth Water Polo 2nd at Asian Age Group C ship
TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»
Iran Youth Water Polo 2nd at Asian Age Group C ship
TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»
Asian Age Group C ship: Iran Beats Singapore
TEHRAN (Tasnim) - Iran's youth water polo team defeated Singapore 19-8 at the 11th Asian Age Group Championship on Thursday. - Sports news - Iran had previously defeated Malaysia, Sri Lanka and Kazakhstan in Group B.Iran will meet the winner of Uzbekistan and China in the semifinal on Friday.The 11th Asian Age Group Championships include four aquatic disciplines, namely swimming, diving, water.....»»