Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
Cebu Daily Newscast: Rama on Capitol’s stoppage of CBRT: ‘Do not interfere’
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, March 5, 2024. Rama on Capitol’s stoppage of CBRT: ‘Do not interfere’ Cebu City Mayor Michael Rama has told the Capitol today to “not interfere’ with the city’s affairs in light of the.....»»
Cebu Daily Newscast: Murder raps filed vs suspect in hit-and-run of basketball player
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, February 7, 2024. Murder raps filed vs suspect in hit-and-run of basketball player Police in Cebu City have filed today, February 8, a charge of murder against the suspect behind the fatal hit-and-run.....»»
Cebu Daily Newscast: 2 king cobras spotted again in Busay
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, January 29, 2024. 2 king cobras spotted again in Busay There was apparently another sighting of the deadly king cobra in Cebu. This time it was in Brgy. Busay in the the capital.....»»
Cebu Daily Newscast: Two women arrested in Cebu for stealing during Sinulog festival
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, January 23, 2024. ‘Salisi Gang’ members nabbed during Sinulog Two women believed to be members of a ‘salisi gang’ were arrested here while trying to steal valuables from unsuspecting individuals during the Fiesta.....»»
Cebu Daily Newscast: Taiwanese jailed for attacking a transwoman; claims he was blackmailed
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, April 8, 2024. Taiwanese jailed for attacking a transwoman; claims he was blackmailed A Taiwanese national got unlucky in his quest to find a match on a dating app after he found himself.....»»
Cebu Daily Newscast: Ando punches second Olympics ticket as Hidilyn Diaz-Naranjo misses
Listen to Cebu Daily Newscast to know the latest news inside and outside Cebu City. Here’s what you need to know on Thursday, April 4, 2024. Ando punches second Olympics ticket as Hidilyn Diaz-Naranjo misses Cebuana weight-lifter Elreen Ando is the latest Filipino athlete to qualify for the 2024 Paris olympics, after a strong.....»»
Cebu Daily Newscast: Pastor Apollo Quiboloy: Senate Committee issues order to arrest, detain him
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, March 20, 2024. Pastor Apollo Quiboloy: Senate Committee issues order to arrest, detain him An order has been issued to arrest and detain Pastor Apollo Quiboloy at the Senate following his continued refusal.....»»
Cebu Daily Newscast: Chocolate hills resort: Bohol governor tells DENR to take legal action ASAP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, March 14. Chocolate hills resort: Bohol governor tells DENR to take legal action ASAP The provincial government of Bohol wants to find out how the controversial resort located within the famous Chocolate Hills.....»»
Cebu Daily Newscast: Huge fire hits two sitios in Looc, Mandaue City
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, March 12, 2024. Huge fire hits two sitios in Looc, Mandaue City A fire broke out in two sitios in Barangay Looc, Mandaue City on Tuesday noon, March 12, 2024. The fire hit.....»»
Cebu Daily Newscast: Taxi driver nabbed after posting video of him choking, slapping 3-year-old daughter inside cab
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, February 28, 2024. Taxi driver nabbed after posting video of him choking, slapping 3-year-old daughter inside cab A desperate taxi driver was arrested on February 26 after he went online and showed a.....»»
Cebu Daily Newscast: Who was Hannah Jay Cesista, the Bar Passer killed in Bohol clash?
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 26, 2024. Who was Hannah Jay Cesista, the Bar Passer killed in Bohol clash? A Bar Passer was among those killed in the recent clash between state troops and suspected communist-rebel groups.....»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
Cebu Daily Newscast: Naga : 2 men, who allegedly abducted, molested 2 minor sisters, nabbed
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, January 24, 2024. Naga : 2 men, who allegedly abducted, molested 2 minor sisters, nabbed Two young men, whose ages are 18 years old and 19 years old, were arrested for allegedly abducting.....»»
Remittances ease to $3 billion in November
Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»
Fruitas earnings soar in 2023
Listed food and beverage retail operator Fruitas Holdings Inc. saw its earnings soar in 2023 on the back of all-time high annual revenues......»»
USD3.32-B Loan Approved by BSP
On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
Higher GOCC remittances to help reduce debt – Marcos
Higher remittances from government-owned or controlled corporations will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said yesterday......»»
ADB: Manufacturing benefits the most from remittances
The manufacturing sector is the biggest recipient of spending made by households receiving remittances from overseas Filipino workers, according to the Asian Development Bank......»»