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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.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
Metrobank Makes Achieving Your Home Goals Easier With Its Free Appraisal Fee Promo!
This February, Metrobank is again making it easier for Filipinos to achieve their dream home as it brings back its free appraisal fee promo – giving clients up to PHP 5,500 in savings on their home loan. From February 1 to March 29, 2024, qualified clients who will submit a complete home loan application to […].....»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
SSS offers loan condonation program
State-run pension fund Social Security System has called on its members with unsettled loans to avail themselves of the agency’s condonation program and clear out their obligations......»»
MCSAPO to hold jail-based rehab program for female inmates
MANDAUE CITY, Philippines — The Mandaue City Substance Abuse Prevention Office (MCSAPO) is set to conduct a jail-based rehabilitation program for female inmates. This will be the first time that the rehabilitation program will be conducted in the female dormitory. The MCSAPO and Bureau of Jail Management and Penology implemented the program with male inmates.....»»
DSWD-Davao raises child feeding budget to P21
The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»
Avani 10th as Chinese Taipei s Chun-Wei wins Women s Amateur Asia-Pacific
Pattaya [Thailand], February 4 (ANI): Avani Prashanth, India's only player in the world's Top-50 finished tied for tenth place as the Women's Amateur Asia-Pacific (WAAP) championship came to an end. She carded 1-under 71, her four successive under par round. Put alongside 68-69-71 she totalled 9-under 279. India's other player to make the cut, Saanvi Somu (73) finished tied 48th in her debut appearance at the event, where.....»»
Avani 10th as Chinese Taipei s Chun-Wei wins Women s Amateur Asia-Pacific
Pattaya [Thailand], February 4 (ANI): Avani Prashanth, India's only player in the world's Top-50 finished tied for tenth place as the Women's Amateur Asia-Pacific (WAAP) championship came to an end. She carded 1-under 71, her four successive under par round. Put alongside 68-69-71 she totalled 9-under 279. India's other player to make the cut, Saanvi Somu (73) finished tied 48th in her debut appearance at the event, where.....»»
DBM releases P3.7 billion education assistance for college scholars
The Department of Budget and Management has released P3.74 billion for an education scholarship program that will benefit nearly 250,000 Filipino learners......»»
Jobstreet by SEEK Releases 2024 Compensation and Benefits Report
As the employment landscape starts to rapidly evolve, the newly released Jobstreet by SEEK 2024 Hiring, Compensation and Benefits Report revealed that more companies are open to offering new forms of compensation and benefits to attract and retain top talents. This resulted in additional benefits, shifted priorities, and most notably, salary increases. To obtain this […].....»»
Malabon releases P2.4 million aid for 800 poor residents
Over 800 poor residents from Malabon City received P2.4 million in financial assistance under the national government’s Assistance to Individuals in Crisis Situations on Friday......»»
CARD RBI offers solar loans to combat rising power costs
For the bank, this solar loan program further defines their commitment to creating a brighter, sustainable future for everyone......»»
4Ps recipients warned vs loan sharks, pawning cash cards
The Department of Social Welfare and Development yesterday reiterated its warning to Pantawid Pamilyang Pilipino Program’s beneficiaries against pawning their cash cards, an official said yesterday......»»
Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
P3.7B swak sa scholarship program ng CHED
Inilabas ng Department of Budget and Management (DBM) ang P3.7 bilyon para sa scholarship program ng Commission on Higher Education (CHED). The post P3.7B swak sa scholarship program ng CHED first appeared on Abante......»»
FACT CHECK: K-12 is not being replaced with K-10 program
Pinas News Insider claimed in a video in 2023 that the Marcos administration has discontinued the K-12 program and replaced it with its K-10 program......»»
Ruiz hires veteran basketball coach for “Sports for All” program
CEBU CITY, Philippines — Notable basketball coach and skills trainer Giovanni “Jojo” Romarate Teves has officially joined the “Sports for All” program of former Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) director Yogi Filemon Ruiz. He is one of the Cebuano sports personalities that Ruiz tapped to handle his soon-to-launch “Sports for All” program.....»»