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Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
DSWD introduces 3 schemes to distribute financial aid
LAPU-LAPU CITY, Cebu — To fast-track the distribution of financial assistance to social pension beneficiaries, the Department of Social Welfare and Development (DSWD) issued Memorandum Circular No. 17, introducing three delivery schemes. This includes cash advances of special disbursing officers (SDOs) of the agency, door-to-door delivery for beneficiaries in critical condition, and the transfer of.....»»
Women s Voices Have Power to Drive Change
Every March 8, International Women's Day, women flood the streets in countries around the world to commemorate hard-won victories for women's rights and to fight for more. It's a time to celebrate advances while sharing our frustrations about too-slow progress or even backsliding.But we're only able to express our joy and rage when we enjoy freedom of expression. Without it, realizing other rights is nearly impo.....»»
Petecio advances, 4 others fail
“Maglalaro ako sa Paris.”.....»»
Yulo reaches floor exercise final in Baku World Cup, but parallel bars title defense in jeopardy
Carlos Yulo advances to the final of his pet event floor exercise, although he is in danger of yielding the parallel bars crown he won last year in the Baku leg of the Artistic Gymnastics World Cup Series.....»»
Marvin advances, boosts likely last shot at Olympic boxing berth
Filipino-British boxer John Marvin is racing against time......»»
Will AI mean the death of music, or herald a new era of creativity?
Recent groundbreaking advances in generative AI have robots now making music as digital pop stars, which are causing divided opinions in the industry.....»»
Petecio advances, Paalam falls in Boxam Elite tilt
Olympic silver medal winner Nesthy Petecio fried French Sthelyn Grosy, 4-1, to advance to the semifinals in the women’s 57-kilogram class of the Boxam Elite Tournament in La Nucia in Alicante, Spain......»»
Red-hot San Miguel rolls into finals as Ginebra suffers unprecedented sweep
San Miguel becomes the first team to sweep Barangay Ginebra in a best-of-five series in over a decade as it advances to the PBA Commissioner's Cup finals on a nine-game winning streak.....»»
Tyler Bay at his best as Magnolia avenges playoff heartbreaks to TNT
Magnolia advances to the semifinals of the PBA Commissioner's Cup, redeeming itself after succumbing to TNT in their last four playoff encounters.....»»
Unleash Your Workday Wonder: 3 Magical Ways to Spark Joy
In the hustle and bustle of our professional lives, it’s easy to lose sight of the magic surrounding us. But fear not, for I’ve unearthed three enchanting secrets to infuse your workday with boundless positivity and wonder. Firstly, let’s talk about the thrill of embracing challenges. Picture standing at the edge of possibility, with the […].....»»
BSP keeps rates on hold as expected
The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»
‘Save Poro’s trees’: Parish church widens calls vs tree-cutting
CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»
Idis: Cutting down of 200 trees justified by ‘progress’
A DAVAO City-based environmental group was dismayed over the cutting down of around 200 trees in Lanang, Davao City to make way for the Samal Island-Davao City Connector (SIDC) Project......»»
Project delays prune Converge’s 2024 capex
Broadband provider Converge ICT Solutions Inc. is cutting down its spending guidance for the year to between P12 billion and P14 billion as a result of delays in some of its projects......»»
New Car District showroom opens to address demand for local and imported cars
In response to the rising demand for premium brand-new and pre-owned cars, Car District opens its showroom along M.L. Quezon Street, Casuntingan, Mandaue City, Cebu, curating a collection of foreign and local car brands for its discerning clientele. The ceremonial ribbon-cutting for the opening of the new Car District showroom was led by Jonas Dy.....»»
LBC back to profit on cost cutting
Logistics courier LBC Express Holdings Inc. booked a profit of nearly P200 million in 2023, as it slashed business costs to offset the decrease in revenue......»»
Saving Money Amidst Rising Prices
Saving money while prices are on the rise can be difficult, especially when the costs of basic commodities such as food, water, and electricity are also increasing. It’s easy to say that cutting back on purchases will help us save, but in reality, it’s not always viable. In such bad situations, how can we maintain […].....»»
BSP to be more cautious on lowering rates – S& P
The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»
BSP urged: Ensure out-of-the-woods inflation before cutting interest rates
Monetary authorities must ensure that inflation is finally out of the woods before any move to ease policy rates, state-run Land Bank of the Philippines said......»»