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Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
World Bank expects faster growth for Philippines this year
Economic growth in the Philippines is projected to be faster this year than in 2023, but the pace will be lower than the government’s target, the World Bank said in a report......»»
Japanese national nabbed for ‘lewd act’ released after posting bail
LAPU-LAPU CITY, Cebu – A Japanese national, who was arrested for allegedly committing a lewd act while on a plane to Cebu, was released on Friday after he posted bail of P3,000. Police Lieutenant Colonel Christian Torres, spokesperson of the Lapu-Lapu City Police Office (LCPO), said that the 20-year-old suspect was charged for the violation.....»»
Philippines posts 639 mln USD deficit in April
MANILA, May 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a deficit of 639 million U.S. dollars in April, higher than the 148 million dollars BOP deficit recorded a year ago, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in April reflected outflows arising mainly from the national government's net foreign currency withdrawals from th.....»»
UK ticket scam: Taylor Swift fans, thousands of them, duped
Thousands of fans of pop megastar Taylor Swift have been hit by a wave of concert ticket scams ahead of her tour in the UK later this year, a British bank said Wednesday. At least 3,000 victims are likely to have been tricked into buying fake tickets since July, with over £1 million ($1.24 million) being lost to.....»»
Asialink secures P300 million credit line from Taiwanese bank
Asialink Finance Corp. has secured a P300-million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans......»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»
IFC investing $500 million to address Philippines development challenges
The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
‘20,322 killed until 2017 in Duterte drug war’
A total of 20,322 people were killed during Duterte’s war on drugs from July 1, 2016 to Nov. 27, 2017, human rights lawyer Chel Diokno said during yesterday’s hearing of the House committee on human rights on the alleged extrajudicial killings during the past administration......»»
Australian Deputy PM calls actions by Chinese vessels in West Philippine Sea 'serious escalation of tensions'
Singapore, June 1 (ANI): Australian Deputy Prime Minister Richard Marles has called actions by Chinese vessels in the West Philippine Sea like the use of water cannons and the ramming of Philippine vessels a "serious escalation of tensions" and stressed that the move is inconsistent with United Nations Convention on the Law of the Sea (UNCLOS) and the final and binding 2016 South China Sea arbitration ruling.Spe.....»»
Over the hump
Meralco had never beaten Barangay Ginebra in four previous best-of-seven series, all of which were in the PBA Governors Cup dating back to 2016......»»
Guilty: Trump first ex-U.S. president convicted of felony crimes
NEW YORK (AP) — Donald Trump became the first former American president to be convicted of felony crimes Thursday as a New York jury found him guilty of all 34 charges in a scheme to illegally influence the 2016 election through a hush money payment to a porn actor who said the two had sex. Trump sat.....»»
WATCH: Disney drops Moana 2 teaser trailer
Disney released its first teaser trailer for "Moana 2," the sequel set three years after the events of the 2016 animated film......»»
Interview: Western archives acknowledge China s sovereignty over South China Sea islands -- Irish int l law expert
According to the expert, the so-called South China Sea arbitration of 2016 is a "chaotic and manipulative use of international law," "a case of double standards," and "a legal trick."BEIJING, May 29 (Xinhua) -- Official archives from Britain and France.....»»
Interview: Western archives acknowledge China s sovereignty over South China Sea islands -- Irish int l law expert
According to the expert, the so-called South China Sea arbitration of 2016 is a "chaotic and manipulative use of international law," "a case of double standards," and "a legal trick."BEIJING, May 29 (Xinhua) -- Official archives from Britain and France.....»»
Comelec ibabawal estilo ni Digong, Sara sa COC
Ibabawal na ng Commission on Elections (Comelec) ang substitution sa umatras na kandidato tulad ng estilong ginamit ni dating pangulong Rodrigo Duterte noong 2016 presidential elections at Vice President Sara Duterte noong 2022 vice presidential race. The post Comelec ibabawal estilo ni Digong, Sara sa COC first appeared on Abante......»»