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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......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Government announces agriculture delegations to better support Primary sector

The coalition Government has announced ministerial delegations to support key areas across the Primary sector to deliver for New Zealand's food and fibre sector, Agriculture Minister Todd McClay announced today."I will be supported in my roles as Minister of Agriculture, Trade, Forestry and Hunting and Fishing, by three Associate Agriculture Ministers, Nicola Grigg (National), Andrew Hoggard (ACT), and Mark Patt.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 14th, 2024

Lawmaker proposes gradual 3-year wage hike for private workers

A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

Loans to agriculture sector ‘quadrupled’ in 2023

The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

PSAC backs government efforts in local talent retention

The jobs sector of the Private Sector Advisory Council expressed support for President Marcos’ efforts aimed at bolstering local talent retention, enhancing vocational training and streamlining business processes in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Private sector collaborates with government for climate action

The private sector has expressed its commitment and readiness to fund sustainability projects to support the country’s climate goals......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Coin deposit machines log P577 million transactions

The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

2 Quran readers killed in Cotabato highway accident

Two male Islamic theology students on their way home from a Ramadhan Quran reading activity died instantly when their motorcycle hit the rear of an idle dump truck in Barangay Takepan in Pikit, Cotabato at almost midnight Thursday......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Petro, Choco collide

Title contenders Choco Mucho and Petro Gazz try to secure a share of the lead with idle Chery Tiggo when they clash in the PVL All-Filipino Conference at the PhilSports Arena in Pasig today......»»

Category: sportsSource:  philstarRelated NewsFeb 26th, 2024

DFNN plans to raise P450-M through private placements

DFNN said that its board has approved a plan to raise P450 million through private placements......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Ayala Land allots P13 billion to redevelop 4 major malls

Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Over P1 Billion Spent for Redevelopment of Tops in Upland Cebu CIty

Over P1 billion were invested at “Tops,” an iconic destination in Cebu City that will reopen on February 14 after more than a year of re-development projects. “That is something that we wanted to do because we believed in the economy of Cebu. We believe in the development of Cebu and the Cebuanos. And we […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

Pasig River

On Jan. 17, 2024, I attended the launch of the Pasig Bigyang Buhay Muli redevelopment project for Metro Manila’s most famous river, as a guest of the First Couple......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Rama plans to redesign CBRT bus station at Capitol for heritage preservation

CEBU CITY, Philippines – The Cebu Bus Rapid Transit (CBRT) project is facing delays, and the mayor’s new plans might make it take even longer. Mayor Michael Rama wants to remove the planned bus station near the Capitol building because it doesn’t fit with the area’s heritage. He plans to replace it with a new.....»»

Category: newsSource:  inquirerRelated NewsApr 20th, 2024

Belmonte, Frasco discuss QMC redevelopment plan

Quezon City Mayor Joy Belmonte met with Tourism Secretary Christina Frasco on Tuesday to discuss the local government’s......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

PNOC seeks redevelopment

State-owned Philippine National Oil Co. intends to redevelop a portion of its property in Taguig City into a mixed-use office and commercial building......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

President Marcos: Look for new fund source for Mindanao railway

President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

PSALM expects P100 billion from CBK privatization

The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Eastern Communications grows market share to 6 percent

Eastern Communications is banking on the growing demand for corporate connectivity to further increase its market share, as it plans to maximize new assets to attract customers in underserved areas......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

GSIS, PNB allot P1.2 billion for affordable housing

State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024