Gov’t Financing Arm Approves P3.4-B MSME Zero-Interest Loan
PHP3.38 billion in loans to micro, small and medium enterprises (MSMEs) was approved by the Small Business (SB) Corp., the financing arm of the Department of Trade and Industry’s (DTI) under the COVID-19 Assistance to Restart Enterprises (CARES) program, according to DTI Secretary Ramon Lopez. The trade chief said in a televised interview that the […].....»»
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
Vehicle sales rev up by 23% in February
Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»
DOJ charges 2 alleged NPA financiers with terrorism financing
According to the DOJ, the case stemmed after reports that Dumlao and Tolentino possessed firearms and ammunition without a clear source of income or apparent purpose......»»
Government sets P585 billion borrowings in Q2
The government is set to borrow P585 billion from the domestic market in the second quarter amid hopes of more favorable interest rates here and abroad......»»
DTI, Go Negosyo strengthen MSME Development program
The Department of Trade and Industry (DTI) and Go Negosyo agreed to strengthen their collaboration to further develop the country’s MSMEs......»»
Shell Pilipinas profit tumbles to P1.2 billion in 2023
The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»
Shares gain anew on rate cut hopes
The stock market advanced for a second consecutive session yesterday, buoyed by indications that the vs Federal Reserve will make interest rate cuts later this year......»»
US Federal Reserve holds steady
The US Federal Reserve decided to hold its interest rates steady for the 5th consecutive meeting......»»
PSE approves listing of GSIS-owned Alternergy preferred shares
Alternergy disclosed that the PSE has approved its application to list the 100 million preferred shares that it sold to the Government Service Insurance System at a price of P14.50/share......»»
House approves bill seeking revocation of SMNI’s franchise
House approves bill seeking revocation of SMNI’s franchise.....»»
Peza approves P14.951B investments from January to March
Peza approves P14.951B investments from January to March.....»»
CA approves ad interim appointment of Recto
The Commission on Appointments approved yesterday the ad interim appointment of Finance Secretary Ralph Recto, who vowed to plug tax leaks, improve tax administration and prevent wasteful expenditures......»»
CHED approves 20th public medical school
The Commission on Higher Education has approved the establishment of the first state medical school open to all kinds of enrollees in the Eastern Visayas region. .....»»
Vatican approves inquiry for Pinay teen’s sainthood
A diocesan inquiry into the sainthood cause of Filipino teenager Nina Ruiz-Abad, who died at the age of 13 in 1993, has been permitted by the Vatican......»»
House committee of the whole approves RBH7
The House of Representatives – acting as a committee of the whole – approved overwhelmingly yesterday Resolution of Both Houses No. 7, containing three proposed amendments to perceived restrictive economic provisions in the 1987 Constitution......»»
Senate approves bill on BJMP control of provincial jails
MANILA, Philippines — The Senate passed a bill on Monday aiming to transfer the control and supervision of all provincial and sub-provincial jails from the local government to the Bureau of Jail Management and Penology (BJMP). Senate Bill No. 2352 or the Jail Integration Act, was approved on third and final reading, with 19 affirmative,.....»»
Senator approves measure seeking medical use of marijuana
Senator approves measure seeking medical use of marijuana.....»»
NEDA approves 23 new priority infrastructure projects
The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»
CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles
By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»
CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles
By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»