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Resumption of FTA talks seen to spur higher EU investments
The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»
Cruise ship with European tourists docks at Subic
The arrival here last week of a cruise ship with European tourists on board was expected to revive the local cruise ship program that was interrupted by the COVID pandemic three years ago......»»
Apple confirms home screen web apps will no longer work on European iOS devices
Title: Apple Disables Web Apps in EU Following European Digital Markets Act In a significant development, tech giant Apple has decided to disable progressive web.....»»
Saudi Government Uses European Football to Sportswash its Reputation
Saudi Government Uses European Football to Sportswash its Reputation.....»»
Philippines conducts marine patrols to check presence of Chinese research ships
MANILA (Reuters) – The Philippines on Monday deployed a coastguard vessel to carry out a two-week patrol mission in waters north and east of the country to intensify its maritime presence and check on Chinese research vessels that were spotted in Benham Rise. Benham Rise, which sits off the Philippines’ east coast, is a vast.....»»
Philippines will increase military presence in islands facing Taiwan
MANILA, The Philippines: The Philippines is set to bolster its military presence on islands adjacent to Taiwan, aiming to enhance its territorial defense capabilities, as announced by Defense Secretary Gilberto Teodoro. During his visit to naval facilities on the remote Batanes islands, less than 125 miles from Taiwan, Teodoro instructed the military to increase troop deployments and called for the development o.....»»
Charter change could mean more US troops in the PHL – Fil-Am activists
By JANESS ANN J. ELLAOBulatlat.com NEW YORK — Filipino-American activists here denounced ongoing attempts to change the Philippine Constitution as this may result in increased US military presence in the Philippines and worsen the geopolitical tension in the West Philippine Sea. In an interview with Bulatlat, Michelle Thiele of Gabriela-New York stressed that for US… The post Charter change could mean more US troops in the PHL – Fil-Am activists appeared first on Bulatlat......»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
UnionDigital Bank revenue grows to over P5 billion
UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»
Carcar rape: Bank employee claims 17-year-old girl flirted with him
CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»
Presence of Chinese warships in WPS worrisome – Marcos
The presence of Chinese navy vessels in the West Philippine Sea is “worrisome,” but the Philippines will not be deterred in defending its maritime territory and protecting its fishermen, President Marcos said yesterday......»»
DFNN, Data Lake to strengthen Starlink’s presence
The presence of Elon Musk’s US technology giant Starlink in the Philippines will get a further boost with the help of listed DFNN Inc. and Sy-led Data Lake Inc......»»
Metrobank eyes return to offshore debt market
Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»
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.....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
BPI renews alliance with Mizuho Bank
The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»
JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage
The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»