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Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

The Public Health Rationale behind the CDCs New Covid Guidance – The Daily Guardian

The Daily Guardian- Public Health Guidance Should Consider Balancing Burdens and Benefits As public health officials continue to provide guidance to the public during the.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 7th, 2024

Israel pummels Gaza as troops push into central Rafah

RAFAH, Palestinian Territories– Israeli forces on Friday struck targets across the Gaza Strip, with witnesses reporting air raids around the southern city of Rafah, the latest focus of the nearly eight-month war. Israel launched its military incursion into Rafah in early May despite international objections over the safety of civilians sheltering in the city on.....»»

Category: newsSource:  inquirerRelated NewsMay 31st, 2024

DA: NFA rice sale probe to push through

The investigation into the alleged illegal sale of rice to some traders by the National Food Authority will not be affected despite the dismissal of former Bureau of Fisheries and Aquatic Resources (BFAR) director Demosthenes Escoto, who headed the probe panel......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Signature campaign for Charter change: ‘Rife with anomalies’

IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy. The post Signature campaign for Charter change: ‘Rife with anomalies’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 5th, 2024

Davao Light pushes for paperless billing

The Davao Light and Power Co., Inc. (Davao Light) is advocating for paperless billing, citing its positive impact on the environment. Fermin Edillon, the head of the Reputation Enhancement Department at Davao Light, emphasized the company's large customer base and the significant paper consumption associated with traditional billing. He highlighted the environmental benefits of opting for paperless bills, urging Dabawenyos to consider this eco-friendly alternative. Despite the availability of paperless billing options, Edillon acknowledged that some still prefer traditional paper bills. However, Davao Light has enhanced its paperless bill services, offering options such as the MobileAP app for internet users and the Ebill text option for those without internet access. While promoting paperless billing, Edillon clarified that traditional paper bills will still be available. Residents expressed support for paperless billing, citing its convenience, but also emphasized the need for considerations, especially for those less proficient with technology. The push for paperless billing aligns with efforts to reduce environmental impact and enhance customer convenience......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

53% drop in Davao City’s road accidents: DCPO-TEU

The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Jollibee bullish despite weak China market

Homegrown fast-food giant Jollibee Foods Corp. (JFC) remains optimistic on its growth targets for the year despite prevailing headwinds in China......»»

Category: financeSource:  philstarRelated NewsMay 31st, 2024

AllDay expands despite Q1 challenges

Villar-led mid-premium supermarket chain AllDay Supermarket managed to pull through a double-digit increase in profit to start the year despite what it called a “challenging quarter.”.....»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

Gwen: No ‘ayuda’ despite state of calamity in entire province

CEBU CITY, Philippines – Cebu Governor Gwen Garcia does not intend to give ‘ayuda’ or dole outs despite declaring a state of calamity in the entire province on Friday, May 17. The governor placed the entire province under a state of calamity after receiving reports of huge damages to agriculture amounting to over P176 million.....»»

Category: newsSource:  inquirerRelated NewsMay 18th, 2024

White substance in Tejero Creek persists despite government attention

White substance in Tejero Creek persists despite government attention.....»»

Category: newsSource:  sunstarRelated NewsMay 5th, 2024

Tartaria farmers defend community despite assaults, arson from armed security

Tensions in the peasant community of Lupang Tartaria flared up starting April 16 when armed security forces from Jarton Security Agency, Inc. began threatening to erect a barricade around the vicinity. In response, the farmers erected their own fence and set up a protest camp. The post Tartaria farmers defend community despite assaults, arson from armed security appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 27th, 2024

Davao Region faces dry spell despite weakened El Niño: Pagasa

SOME areas in the Davao Region will continue to experience dry conditions from April to May 2024, with a 60 percent reduction in rainfall, despite the weakened effect of the El Niño phenomenon......»»

Category: lifestyleSource:  abscbnRelated NewsApr 25th, 2024

Hot weather in Cebu to continue despite low pressure disturbance

Hot weather in Cebu to continue despite low pressure disturbance.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

NEDA chief sees 2015 growth at 6% despite typhoons

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Davao Light assured ample power supply despite El Niño

A REPRESENTATIVES from the Davao Light and Power Co., Inc. (Davao Light) said there is enough power supply despite the threat of the El Niño phenomenon......»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Century Pacific Food logs P5.6 billion income despite inflation

Century Pacific Food logs P5.6 billion income despite inflation.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Despite survey, Cha-cha should proceed, says congressman

Both houses of Congress should pursue economic Charter amendments despite a Pulse Asia survey early last month showing that 88 percent of Filipinos do not support the initiative, Cagayan de Oro City 2nd District Rep. Rufus Rodriguez said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024