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GSIS waives P1.6 billion penalties for housing loan borrowers

State-run pension fund Government Service Insurance System has waived P1.6 billion in penalties of housing borrowers having difficulties settling their loan obligations......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

SteelAsia secures P8.3 billion loan for Batangas steel mill

SteelAsia Manufacturing Corp. has obtained a loan amounting to P8.3 billion from the Government Service Insurance System (GSIS), the Development Bank of the Philippines (DBP) and Philippine Business Bank (PBB) to support the completion of its P18-billion steel section mill in Lemery, Batangas......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Banks see higher loan demand in Q2

Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

BPI bullish this year amid continued loan growth

After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Suntrust secures $38 million loan for Parañaque casino project

Suntrust Resort Holdings Inc. has secured a $38-million loan to fund the development of its casino project in Parañaque City......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Another green loan on the table for PLDT

Telco giant PLDT Inc. is planning to acquire another sustainable loan within the year, this time to help finance some of its initiatives in bridging the digital divide......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

ACEN receives $150 million green term loan from SMBC

A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll investments in renewable energy projects across the region......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Tech company cautions public against fake loan providers

Total Information Management Corp., a Filipino-owned technology solutions provider that offers information management services, has cautioned the public against the unauthorized and fraudulent activities using the names Tim Cash or Tim Cash Loan......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka

Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Wider margins, lower loan provisions boost PNB profit

Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

PDIC extends loan incentive program for closed bank borrowers

PDIC extends loan incentive program for closed bank borrowers.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

DSWD warns 4Ps benes anew vs loan sharks, cash card pawning

The Department of Social Welfare and Development (DSWD), through the Pantawid Pamilyang Pilipino Program‘s (4Ps) National Program Management Office (NPMO), reminded all 4Ps beneficiaries to stop engaging with loan sharks or pawning their cash cards. “Nag-iispot check kami during the family development sessions na dapat dala nila [4Ps beneficiaries] ang ATM, dahil bawal yun. They […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Zeinab Harake niregaluhan ng relo si Ray Parks, umabot ng P900k?!

TALAGA namang mapapa-“sana all” na lang talaga ang madlang pipol sa iniregalo ng social media personality na si Zeinab Harake sa basketbolistang dyowa na si Ray Parks Jr. Umabot raw kasi sa humigit kumulang P900,000 ang presyo ng mamahaling relo na Rolex na talagang hinanahap pa ng vlogger sa Hong Kong. Pagbabahagi ni Zeinab, hirap.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

‘Rewind’ ng DongYan 1st Pinoy movie na kumita ng P900-M; aabot pa sa P1-B

KONTING-KONTI na lang at papalo na sa P1 billion ang kita ng pelikulang “Rewind” na pinagbibidahan nina Dingdong Dantes at Marian Rivera. Ibinandera ng Star Cinema na umabot na sa P902 million ang kinita ng entry nila sa Metro Manila Film Festival 2023 na itinuturing na ngayong “highest-grossing Filipino movie of all time”. Baka Bet.....»»

Category: newsSource:  inquirerRelated NewsJan 31st, 2024

Rewind breaks P900M mark, including over P50M abroad

"Rewind" starring real-life couple Marian Rivera and Dingdong Dantes surpassed the P900-million peso mark at the global box office, a first for any Filipino film......»»

Category: entertainmentSource:  philstarRelated NewsJan 31st, 2024

DigiPlus hopes to grow user base by 25% to 50% in FY24

DigiPlus President Andy Tsui guided that PLUS hopes to capture 50% of the P60 billion in gross gaming revenue growth that PAGCOR expects for FY24, and that it is looking to increase its active user base by 25% to 50% to achieve this goal......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Mac Tallo hopes for better things with MPBL return

CEBU CITY, Philippines — Time to move on. Cebuano hotshot Mac Tallo is hoping for better things with the Abra Weavers in his return to the Maharlika Pilipinas Basketball League (MPBL). The talented point guard signed with the Weavers late February, but didn’t make an announcement until earlier this week.  For Tallo, it’s a new.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Farm ni Cesar sa Zambales ‘for sale’ na, type mag-produce ng pelikula

MUKHANG hindi na type ni Cesar Montano ang manirahan sa probinsya dahil ibinebenta na niya ang kanyang farm sa Iba, Zambales. Ang nasabing farm ng aktor ay nabili niya noong nagsasama pa sila ng ex-wife na si Sunshine Cruz at bukod sa Zambales ay nakabili rin siya sa Bulacan at Bohol. Napag-alamam namin na ang.....»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2024

Residents complain health hazardous dust from solar farm in Silay

Residents complain health hazardous dust from solar farm in Silay.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024