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Massive outage hits Facebook, Instagram users
[UPDATED] CEBU CITY, Philippines — A massive outage locked out users of Meta-owned platforms Facebook and Instagram, including Facebook Messenger and Threads, from their accounts on Tuesday evening, March 5. The outage lasted over an hour, with users reportedly gaining access to their accounts at 12:30 a.m. on Wednesday morning, March 6. “Earlier today, a.....»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
COA flags Eastern Samar LGU over underpaid employees
The Commission on Audit has called out the provincial government of Eastern Samar for paying contract of service and job order employees below the prescribed daily minimum wage in the region......»»
COA: Mountain Province LGU awarded projects to banned firm
The Commission on Audit has flagged the provincial government of Mountain Province for awarding two irrigation projects to a blacklisted construction firm......»»
COA denies PNP generals’ appeal on blocked P131-million fast boat purchase
The Commission on Audit upholds the findings of the Fraud Audit Office, stating that the transaction of four former police generals in 2009 violated procurement laws.....»»
NMP nabs 'Outstanding e-NGAs User Entity Award'
NMP's remarkable use of the Electronic New Government Accounting System (e-NGAs) received recognition for its commitment to transparency and the timely submission of financial statements and other reports for FY 2022, as mandated by the Commission on Audit (COA)......»»
Cebu accounts for 6% of total local trips in 2022
Cebu accounts for 6% of total local trips in 2022.....»»
Lea Salonga sa poser accounts: ‘If claiming to be me, report them!’
MAY paalala ang broadway star na si Lea Salonga sa madlang pipol kaugnay sa kanyang social media account. Mukhang nagkalat nanaman kasi ang mga peke at poser accounts na nagkukunwaring si Lea, kaya nagbabala na ang sikat na theater actress upang maging aware ang kanyang supporters at fans. “Just a friendly reminder that I have.....»»
OWWA warns OFWs vs fake FB accounts
OWWA warns OFWs vs fake FB accounts.....»»
7 face raps for selling GCash accounts
Criminal charges were filed against seven people who were arrested for allegedly selling their GCash accounts in Quezon City, the National Bureau of Investigation said on Friday afternoon......»»
Cebu groups call for wage increase on Labor Day
CEBU CITY, Philippines – Holding big red flags and banners, demonstrators coming from various labor groups and people’s organizations in Cebu gathered as one unified group on Wednesday, May 1, to deliver a collective plea for laborers – a wage increase. The demonstrators gathered in downtown Cebu City at around 7:30 a.m. and walked to.....»»
DICT: Deepfakes, AI red flags as 2025 polls near
Deepfakes and artificial intelligence (AI) are a risk as the May 2025 midterm elections approach, according to the Department of Information and Communications Technology......»»
Gelli de Belen pinagsabihan si Janice sa mga red flags ni John noon
SI Gelli de Belen pala ang naka-diskubreng maraming red flag ang ex-husband ni Janice de Belen na si John Estrada. Ito ang inamin ni Gelli sa panayam sa kanila ni Karen Davila para sa YouTube channel nito na in-upload kahapon, Huwebes. Ayon kay Gelli pagdating sa lovelife ng ate Janice niya ay lagi siyang nagpapaalala......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
DBP seeks capital buildup of up to P300 billion
State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»
Maya loans reach P22 billion last year
Digital bank Maya Bank Inc. raised its loan disbursement by sevenfold to P22 billion in 2023, as it reaped the benefits of expanding its credit products for underserved sectors......»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»