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BDO raises record P63 billion from bond offer

BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

BDO shortens second Asean sustainability bond offer period

BDO shortens second Asean sustainability bond offer period.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Get inspired by these two balikbayans honored by BDO

BDO celebrated the heartwarming stories of two inspiring balikbayans during its cherished tradition of Pamaskong Handog during the holidays......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Get inspired by these two balikbayans honored by BDO

BDO celebrated the heartwarming stories of two inspiring balikbayans during its cherished tradition of Pamaskong Handog during the holidays......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

DepEd: Hot weather prompts schools to suspend in-person classes

MANILA, Philippines — Several cities and municipalities have opted for alternative mode of delivering classes and have suspended in-person classes due to the scorching hot weather, as revealed by the Department of Education (DepEd) on Monday. According to DepEd, 13 total cities and municipalities implemented alternative delivery mode (ADM) classes in the regions of Ilocos,.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

DepEd-7 probes classroom assault involving Cebu teacher, student

CEBU CITY, Philippines – The Department of Education in Region 7, DepEd-7 has ordered an investigation into an alleged classroom assault involving a teacher and his 14-year-old student in Cebu.  Dr. Salustiano Jimenez, the regional director of DepEd-7 revealed that the agency already initiated an investigation into the matter, the moment he received the video.....»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2024

DepEd ibabalik ang dating ‘school calendar’, tuwing Mayo na ang bakasyon

NAGKAROON ng pagbabago sa schedule ang Department of Education (DepEd) kasunod ng mga natatanggap na reklamo mula sa mga guro, estudyante at mga magulang ngayong paparating na ang panahon ng tag-init. Marami kasi ang nagko-complain sa nararanasang “extreme heat” sa loob ng silid-aralan ng mga pampublikong eskwelahan. Dahil diyan, inanunsyo ng DepEd na ibinabalik na.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

DepEd announces gradual return to old school calendar starting SY 2024-2025

MANILA, Philippines — The Department of Education (DepEd) on Tuesday announced the gradual return of the old school break starting next school year (SY). DepEd made the pronouncement through Department Order No. 003 S. of 2024. Based on the order, the adjusted end date of the current SY 2023 to 2024 shall be on May.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

DepEd verifying reports of data breach

DepEd Undersecretary and Spokesperson Michael Poa said that they have directed DepEd field offices to “run diagnostics” and “verify if there was indeed a hack.”.....»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

BSP: Digitizing microfinance services will boost financial inclusion

Digitizing microfinance institutions could promote further financial inclusion in the country as borrowers from the unserved and underserved segments of the population will be able to access a wider range of financial services......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Selling workbooks, booklets for Catch up Fridays prohibited — DepEd

The Department of Education (DepEd) stressed that it does not authorize the selling of workbooks and booklets for the "Catch Up Fridays" program......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

GCash gets BSP nod to enter Europe, ME

E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

BDO readies SMC financial war chest for NAIA

The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Financial system resources up 9 percent in January

The total resources of the country’s financial system continued to breach the P30-trillion level, rising by almost nine percent as of end-January, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

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. .....»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

MCSAPO to hold jail-based rehab program for female inmates

MANDAUE CITY, Philippines — The Mandaue City Substance Abuse Prevention Office (MCSAPO) is set to conduct a jail-based rehabilitation program for female inmates. This will be the first time that the rehabilitation program will be conducted in the female dormitory. The MCSAPO and Bureau of Jail Management and Penology implemented the program with male inmates.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 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