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Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

PSAC affirms commitment to public-private collaboration

The Private Sector Advisory Council is ramping up efforts to foster economic growth and poverty reduction through collaboration between governments and the private sector......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

DOLE eyes better relations with private sector to increase quality jobs

DOLE eyes better relations with private sector to increase quality jobs.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Philippines private sector sets trade visit to Malaysia

A private sector-led initiative to collaborate with Malaysian agriculture companies is set for this coming April 23 to 24, 2024......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Group lauds government action on nurse shortage

Various public-private programs of the government have addressed the shortage of nurses in the country, according to the Private Sector Advisory Council-Healthcare Sector Group, calling it a “quick win” for the government......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers

RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Medicine arrives in gaza

Medicine arrives in gaza.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Loans to agriculture sector ‘quadrupled’ in 2023

The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Government announces agriculture delegations to better support Primary sector

The coalition Government has announced ministerial delegations to support key areas across the Primary sector to deliver for New Zealand's food and fibre sector, Agriculture Minister Todd McClay announced today."I will be supported in my roles as Minister of Agriculture, Trade, Forestry and Hunting and Fishing, by three Associate Agriculture Ministers, Nicola Grigg (National), Andrew Hoggard (ACT), and Mark Patt.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 14th, 2024

PSAC backs government efforts in local talent retention

The jobs sector of the Private Sector Advisory Council expressed support for President Marcos’ efforts aimed at bolstering local talent retention, enhancing vocational training and streamlining business processes in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Lawmaker proposes gradual 3-year wage hike for private workers

A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

10 Cebu LGUs suspend in-person classes

10 Cebu LGUs suspend in-person classes.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

LGUs suspend in-person classes due to heat

LGUs suspend in-person classes due to heat.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

LGUs tapped for faster distribution of seniors’ cash aid

LGUs tapped for faster distribution of seniors’ cash aid.....»»

Category: newsSource:  sunstarRelated NewsMar 24th, 2024

The Critical Role of LGUs in Streamlining Business Practices

The Critical Role of LGUs in Streamlining Business Practices.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

DA-Davao urges LGUs to monitor areas vs El Niño impact

FOLLOWING the start of the drought season, which peaks in April, the Department of Agriculture-Davao Region (DA-Davao) is encouraging the local government units (LGUs) in the region to conduct monitoring of their areas for the impact of El Niño......»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs

P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

NegOcc LGUs to form technical working groups for water security plan

NegOcc LGUs to form technical working groups for water security plan.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

4 ka LGUs sa 3rd district sa Sugbo kwalipikado isip first class municipalities

4 ka LGUs sa 3rd district sa Sugbo kwalipikado isip first class municipalities.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024