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Asialink secures P300 million credit line from Taiwanese bank

Asialink Finance Corp. has secured a P300-million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Japan credit rater bullish on Philippine growth this year

The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

BPI lends fresh P7 billion to Home Credit Philippines

Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

High rates dampen credit growth in 2023

he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

BPI sees stronger credit growth

Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Wise takes no credit

PBA legend Francois Wise claims no credit in how his godson Bennie Boatwright Jr. has become an outstanding basketball player although it’s often mentioned he was responsible for teaching the San Miguel Beer import his rebounding techniques......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

Bank credit growth slows anew in November

The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

PRO-7 warns against use of marijuana-flavored vapes

CEBU CITY, Philippines — The Police Regional Office in Central Visayas (PRO-7) has issued a stern warning against the use and proliferation of marijuana-flavored vape products. Police Lieutenant Colonel Gerard Ace Pelare, the PRO-7 spokesperson, said that they will arrest individuals who sell vapes mixed with marijuana oil. The sale and use of marijuana remains.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

BCU Partners with GVS, C& E P.H.I., and WCCI for Community Outreach

by Genevieve Balance KupangA literary event at the Bagnen Elementary School and Gotang Primary School in Bauki, Mountain Province demonstrated Baguio Central University's (BCU) and partner organization's steadfast commitment to Community Extension Services (CES) and the promotion of literacy beyond its campuses. Several key departments including the Gra.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 5th, 2024

BCU Partners with GVS, C& E P.H.I., and WCCI for Community Outreach

by Genevieve Balance KupangA literary event at the Bagnen Elementary School and Gotang Primary School in Bauki, Mountain Province demonstrated Baguio Central University's (BCU) and partner organization's steadfast commitment to Community Extension Services (CES) and the promotion of literacy beyond its campuses. Several key departments including the Gra.....»»

Category: newsSource:  manilanewsRelated NewsFeb 4th, 2024

DOT To Launch Tourism Program for OFWs

The Department of Tourism (DOT) and Department of Migrant Workers (DMW) have teamed up for the Balik Bayani sa Turismo program, recognizing the key role OFWs play in boosting the Philippine economy. Aligned with the National Government’s OFWs Reintegration Program, it focuses on providing livelihood and financial literacy opportunities through tourism training for OFWs and their […].....»»

Category: newsSource:  metrocebuRelated NewsJan 26th, 2024

[Episodes] Bakit mahirap maging media literate?

'Hindi raw makarating sa antas ng critical thinking ang mga bata dahil kulang na sa basic literacy, comprehension, at writing skills'.....»»

Category: newsSource:  rapplerRelated NewsJan 22nd, 2024

MRT-3 to start accepting Mastercard for payments

Filipinos with Mastercard may now use their card to ride the Metro Rail Transit Line 3 without having to line up to buy a single journey ticket......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

New skywalk along Tamiya now open to public use

LAPU-LAPU CITY, Cebu —The new skywalk along Tamiya, Barangay Basak in Lapu-Lapu City, constructed to alleviate traffic congestion in the area, was opened for public use yesterday. The inauguration of the P11.8 million skywalk, also aimed at enhancing pedestrian safety, took place at 4 p.m. on March 13, 2024. The project, funded by Congresswoman Cindi.....»»

Category: newsSource:  inquirerRelated NewsMay 13th, 2024