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DoF considering IPOs for LandBank, DBP

The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Environmental group slams councilor over Ignorance

A REPRESENTATIVE from a Davao City-based environment group criticized a councilor for being unaware of significant environmental issues despite chairing the environment committee of the 20th City Council......»»

Category: newsSource:  sunstarRelated News1 hr. 2 min. ago

South Africa slams Israel at ICJ for genocidal acts

“Genocides are never declared in advance but this court has the benefit of the past 13 weeks of evidence that shows, incontrovertibly, a pattern of conduct and related intention that justifies a plausible claim of genocidal acts......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

DBP eyes pact with CL state firms, LGUs

State-owned Development Bank of the Philippines is actively engaging several state corporations based in Central Luzon in a bid to expand its services to priority clientele especially those outside of its traditional market and city centers, a top official said......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Landbank-DBP merger not pushing through – Recto

The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Old Colleagues

Former President Rodrigo Duterte is welcomed by his former colleagues in the City Government of Davao—(L-R): Tonying Llamas, Wendell Avisado, and Verner Monsanto—at the Grand Men Seng Hotel in Davao City Tuesday evening (30 January 2024). Duterte faced the press anew for his squabble with President Ferdinand Marcos Jr. MindaNews photo.....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Mindanao railway project up for NEDA review

The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Amid Marcos-Duterte infighting, transport group seeks unity vs PUVMP

Transport group PISTON warned the public against being distracted by the recent spat between President Ferdinand Marcos Jr. and former President Rodrigo Duterte, saying that they are equally responsible for the impending jeepney phaseout......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

Duterte’s P.S. to Cebu supporters:  support Sara’s bid for the Presidency

DAVAO CITY (MindaNews / 26 February) – After bidding the crowd goodbye during the “candlelight prayer rally”of Hakbang ng Maisug in Cebu City on Sunday evening, former President Rodrigo Duterte made a pitch for his daughter Sara, currently the Vice President, urging them to support her bid for the Presidency in 2028. Duterte did not […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Ex-President Duterte is lone 2024 Datu Bago awardee

DAVAO CITY (MindaNews / March 5)—Former President Rodrigo Duterte, who also served as mayor for over two decades, will be the lone 2024 Datu Bago awardee. Davao City Councilor Pilar Braga, who also chairs the Datu Bago Awards Organization (DBAO), said it is high time for Duterte to receive the award as the “most deserving […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

That extra step: How TV Patrol verified Rep. Paolo Duterte s questionable PHP51-billion infrastructure budget

CHEERS TO ABS-CBN's TV Patrol for its report that confirmed that Davao City 1st District Representative Paolo Duterte received a total of PHP51 billion for infrastructure projects from 2020 to 2022, when his father, former president Rodrigo Duterte, was still in o.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Honasan seeks ceasefire between feuding Marcos, Duterte camps

MANILA, Philippines — Former Senator Gringo Honasan on Monday urged for a ceasefire between the camps of President Ferdinand “Bongbong” Marcos Jr. and former President Rodrigo Duterte following a volley of heated allegations between the two. In a statement, Honasan called on Marcos and Duterte to “show sobriety” for the sake of those who look.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Capitol, DepEd NegOcc ink scholarship deal for school heads anew

Capitol, DepEd NegOcc ink scholarship deal for school heads anew.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew

Bulatlat condemns the latest red-tagging of Albay-based journalist Reynard Magtoto who wrote an in-depth report about the lies and deceptive activities of the National Task Force to End the Local Communist Armed Conflict (NTF-ELCAC) in the region. The post Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 25th, 2024

Jollibee hastens shift to renewable energy

The Jollibee group has tapped Lopez-led First Gen Corp. for the food conglomerate’s largest solar panel installation to date......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Davawenyos confused on both people’s initiative and Polong’s statements

In the “Duterte country” that is Davao City, some residents were lured to a signature campaign distributed in their communities in the past week seeking to amend the Constitution which they thought was part of Duterte’s campaign......»»

Category: newsSource:  davaotodayRelated NewsJan 11th, 2024

Rama ‘worried’ about Duterte-Marcos dispute

CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 2024