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Bank assets grow 10 percent to P24.8 trillion
Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
Bank loans used as RRR compliance hit P6.4 billion
Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»
Belmonte, Binay call for climate action funding from development banks
The C40 coalition of cities, a network of nearly 100 mayors, asked MDBs to increase urban climate investment, integrate urban climate action into their strategies, and implement tailored programs to support city projects. .....»»
Himachal Pradesh CM Sukhu inaugurates 22 new branches of HPSCB; launches two new schemes
Shimla (Himachal Pradesh) [India], March 6 (ANI): Chief Minister Sukhvinder Singh Sukhu virtually inaugurated 22 new branches of the Himachal Pradesh State Cooperative Bank (HPSCB) on Wednesday. According to an official release from the Chief Minister's Office (CMO), "CM Sukhu launched two new schemes, the 'One-Time Resolution Scheme' and a Loan Scheme for developing high-density apple orchards."The Chief Minister also la.....»»
MRT-3 concession period seen at shorter 10-15 years
The next operator of the Metro Rail Transit Line 3 could end up with a shorter term of at least 10 years, as its role will be limited to managing the railway as the government pays for the cost of its rehabilitation......»»
Over 6 million Filipino Catholics join Black Nazarene procession
MANILA, The Philippines: More than six million Filipino Catholic devotees gathered for this year's procession to honor the Black Nazarene, transforming the streets of Manila into a vibrant display of religious devotion. The centuries-old tradition, which pays homage to the black wooden statue of Jesus Christ believed to possess healing powers, drew massive numbers, resuming after a three-year hiatus due to COVI.....»»
Filipino Catholics throng Manila streets to honor Black Nazarene
MANILA, The Philippines: More than six million Filipino Catholic devotees gathered for this year's procession to honor the Black Nazarene, transforming the streets of Manila into a vibrant display of religious devotion. The centuries-old tradition, which pays homage to the black wooden statue of Jesus Christ believed to possess healing powers, drew massive numbers, resuming after a three-year hiatus due to COVI.....»»
Flintlock: A Classic Summer Blockbuster – The Daily Guardia
A44 Games, a New Zealand-based developer, is set to release their highly-anticipated third-person action-RPG, Flintlock: The Siege Of Dawn. The game pays homage to the.....»»
PSA pays tribute to fallen sports stars
A two-time Olympian, a former PBA Rookie of the Year, one of the most accomplished collegiate coaches in the country, a one-time college star who surprisingly never got to play in the PBA, and a cage icon who’s well-loved by Filipino basketball fans......»»
NUSTAR pays tribute to Cebu through its ‘I Love Cebu’ music video
NUSTAR Resort Cebu proudly announces the launch of its much-anticipated “I Love Cebu” campaign, marked by the premiere of its music video that beautifully captures the essence and allure of Cebu’s cultural richness and breathtaking landscapes. To debut on January 12, 2024, this music video offers a fresh interpretation of the “I Love Cebu” anthem......»»
New payment mechanism for power ancillary services ready
The Department of Energy is soliciting stakeholders’ comments for its plan to adopt the so-called Causer Pays Mechanism......»»
Manila Water pays penalty in labor case
East zone concessionaire Manila Water Company Inc. has paid a P100,000 penalty in connection with a case filed with the Department of Labor and Employment regarding its Ilugin Treatment Plant in Pasig City......»»
Gen. Jose Ignacio Paua: A Chinese immigrant turned general in the Philippine Revolution
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) led by its president, Dr. Cecilio Pedro, humbly pays tribute on April 29 to commemorate the 152nd Birth Anniversary of Gen. Jose Ignacio Paua, known by his Chinese name, Lao Hing-Puah......»»
Women s Month: Women drivers feted, share inspiring road stories
A 66-year-old single mother, a fresh graduate of Criminology and a former warehouse staff may not have anything in common at first glance, but all three women said they have found an avenue that gives them equal footing with men — and it pays well, too......»»
Senegal : petrole, gaz et emploi seront les priorites du prochain president
En depit de la crise politique nee du report de l'election presidentielle initialement prevue le 25 fevrier 2024 (elle pourrait se tenir le 2 juin), le Senegal est considere comme l'un des pays les plus stabl.....»»
L Afrique a besoin de la Chine pour son developpement numerique mais quel prix ?
Les technologies numeriques presentent de nombreux avantages potentiels pour les populations des pays africains. Elles peuvent soutenir la prestation de services de sante, promouvoir l'accs l'education et l'apprentissage tout au long de la vie, et renforcer l'inclusion financire. Mais il existe des obstacles la concretisation de ces avantages. L'infrastructure de base necessaire pour connecter les communautes.....»»
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. .....»»
Biden tells China s Xi to stay out of US elections
Washington - President Joe Biden again warned Chinese President Xi Jinping against meddling in the November U.S. presidential election during the two leaders' phone call Tuesday. The call is part of U.S. efforts to maintain "open lines of communication to responsibly manage competition and prevent unintended conflict," the White House said.In various engagements, the U.S. has raised its "continual reinforcement.....»»
Fishers call for adequate support amid the El Niño drought
"Fishers also bear the brunt of the El Niño phenomenon. During drought, fish usually swim deeper than usual to seek cooler temperatures, making fishing more difficult and costly as we have to spend extra time and fuel." The post Fishers call for adequate support amid the El Niño drought appeared first on Bulatlat......»»