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ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
PDIC extends loan incentive program for closed bank borrowers
PDIC extends loan incentive program for closed bank borrowers.....»»
Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations
Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations.....»»
Palawan Pawnshop - Palawan Express Pera Padala and Philippine Veterans Bank seal partnership for cash withdrawal services
Palawan Pawnshop - Palawan Express Pera Padala and Philippine Veterans Bank seal partnership for cash withdrawal services.....»»
World Bank downgrades Philippine GDP projections for 2024 and 2025
The World Bank downgraded its GDP projections for the Philippines in 2024 and 2025 due to “various headwinds facing private investment”, like the effects of higher interest rates and “rising indebtedness.”.....»»
Davao RTC issues arrest warrant for Quiboloy for sexual abuse
MANILA, Philippines – A warrant of arrest has been issued by the Davao Regional Trial Court against Kingdom of Jesus Christ (KJC) leader Pastor Apollo Quiboloy for sexual abuse. Also ordered arrested are Jackiely W. Roy, Cresente Canada, Paulene Canada, Ingrid C. Canada, and Sylvia Camanes. Quiboloy and the others were charged for violating Republic.....»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
ADB lends $20 million for affordable housing project
The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»
Cannes remembers Jaclyn Jose
The Cannes International Film Festival paid homage to its 2016 Best Actress Jaclyn Jose, the first Filipino and Southeast Asian to achieve such honor, for her performance in “Ma’ Rosa.”.....»»
Jowa reveal : Kylie Verzosa mistaken for David Beckham s mistress
Miss International 2016 Kylie Verzosa took a selfie with football superstar David Beckham. .....»»
SC upholds homicide raps vs 4 cops
The Supreme Court has upheld a resolution of the Office of the Ombudsman to charge only four of 21 police officers with homicide for the killing of Luis Bonifacio and his son Gabriel in a drug bust in 2016......»»
Cebu City Council OKs additional P65 million for CCSC renovation
CEBU CITY, Philippines – The Cebu City Council has approved an additional P65 million budget for the rehabilitation and ongoing renovation of the Cebu City Sports Center (CCSC). Initially, the executive department had requested P74 million, but only P65 million was granted. It can be recalled that Acting Mayor Raymond Alvin Garcia questioned the need.....»»
The Equalizer
Albay 2nd District Rep. Joey Sarte Salceda is taking up the cudgels for over 28 million disadvantaged Filipinos – the 15 million solo parents, 12 million senior citizens and 1.5 million persons with disability......»»
Disney+ Loses 1.3 Million Subscribers After Price Hike
Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
Security Bank, Helios team up for solar energy in households
Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»
Security Bank advances sustainability journey to deliver meaningful stakeholder impact
Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»
Security Bank advances sustainability journey to deliver meaningful stakeholder impact
Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»
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.”.....»»
Maya loans reach P22 billion last year
Digital bank Maya Bank Inc. raised its loan disbursement by sevenfold to P22 billion in 2023, as it reaped the benefits of expanding its credit products for underserved sectors......»»