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Ombudsman suspends Bohol governor, 68 officials over Chocolate Hills mess

Bohol Governor Erico Aris Aumentado says he was 'collateral damage'.....»»

Category: newsSource:  rapplerRelated NewsMay 28th, 2024

Global Dominion commits to further introducing Sangla OR/CR in Philippines

Car collateral loan, also known as vehicle mortgage loan and now more commonly called Sangla OR/CR (official receipt and certificate of registration), is not a product many Filipinos are aware of......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2024

Minor and collateral inconsistencies

This is the tragic story of an 11-year-old girl, Leticia, resulting from an act of depravity by the common law husband of her biological mother, Charo, from a previous relationsh.....»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

China ‘appreciates’ Marcos Jr. affirmation of one-China policy

China is pleased with the Philippines’ reaffirmation of commitment to the one-China policy, as articulated in a media interview by President Marcos who also stressed he was not endorsing Taiwan independence......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Steps taken by China in South China Sea destabilizing – US

Steps taken by China in the South China Sea that were coercive and against international law are “destabilizing” and “deeply unacceptable,” a ranking State Department official said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

LBC back in the red on higher debt payments

Courier giant LBC Express Holdings Inc. sank in the red in the first quarter as it paid loans acquired in the latter half of 2023 and took on new debts to fund capital expenditures......»»

Category: financeSource:  philstarRelated NewsMay 23rd, 2024

Banks’ bad loans ratio highest in 8 months

The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Banks’ bad loans swell in 2023

The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

China says Philippines ignored South China Sea proposal as tensions rise - BBC.com

China says Philippines ignored South China Sea proposal as tensions rise BBC.com.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 16th, 2024

DSWD chief ready to explain AKAP to lawmakers

After questions were raised about the budget allocation for the Ayuda para sa Kapos ang Kita Program, Social Welfare Secretary Rex Gatchalian yesterday expressed readiness to explain the program to lawmakers......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Lawmakers seek to amend ownership regulations on Constitution s economic provisions

Lawmakers are calling for the revision of some economic provisions of the 1987 Constitution, covered by the Public Service Act, which stipulate that public services should exclusively be owned by Filipinos......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

ACEN issues corporate guarantee on subsidiary’s loans

ACEN Corp., the listed energy platform of the Ayala Group, has issued corporate guarantee in support of loans amounting to $320 million of subsidiary ACEN Cayman......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Lawmakers welcome back wages for displaced OFWs in Saudi Arabia

The government’s efforts to ensure displaced overseas Filipino workers (OFWs) receive their back pay from bankrupted Saudi Arabian construction companies have been lauded by lawmakers from both the upper and lower chambers......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Bad loans during UPA stifled credit needs of startups and small businesses: Sitharaman

New Delhi [India], May 31 (ANI): The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman. In a long thread of posts on her X timeline, she launched an attack on the Congress party and its allies, alleging that the UPA g.....»»

Category: newsSource:  manilanewsRelated NewsJun 1st, 2024

Bad loans during UPA stifled credit needs of startups and small businesses: Sitharaman

New Delhi [India], May 31 (ANI): The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman. In a long thread of posts on her X timeline, she launched an attack on the Congress party and its allies, alleging that the UPA g.....»»

Category: lifestyleSource:  abscbnRelated NewsMay 31st, 2024

Pag-IBIG releases P28 billion in home loans

The Home Development Mutual Fund, commonly known as Pag-IBIG, released a record P28 billion in housing loans in the first quarter for nearly 20,000 members......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Agriculture loans hit P213 billion in 2022

The share of agriculture loans and services granted by the banking sector picked up to 18.1 percent in 2022 from 17.6 percent in 2021 as the agriculture industry slowly recovered from the COVID pandemic......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024