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Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
Anti-doping code violation? PSC says resolution near
Philippine sports may face stiff consequences for its non-compliance with the World Anti-Doping Agency Code, including a ban in this year’s Paris Olympics and other major international events.....»»
LGU loans more than tripled in H2
The proposed domestic borrowings of local government units (LGUs) more than tripled to P48.9 billion in the second half of 2023 from P15.8 billion in the same period in 2022, the Bangko Sentral ng Pilipinas (BSP) reported......»»
UnionDigital Bank revenue grows to over P5 billion
UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»
Asialink eyes P2.4 billion in truck loans as e-commerce grows
Asialink Finance Corp. is looking at lending as much as P2.4 billion this year to the fast growing market for brand new and used trucks that are essential to the growth of e-commerce and logistics......»»
PLDT borrows P1 billion in green loans
Telco giant PLDT Inc. has borrowed P1 billion from the green loan facility of HSBC Philippines to bankroll the expansion and upgrade of its fiber network......»»
Low copper prices bring down Atlas Mining income by 65%
Earnings of Atlas Consolidated Mining and Development Corp. plunged by 65 percent to P1.12 billion in 2023 from P3.22 billion in 2022 due to lower global copper prices and payment of loans......»»
ADB lends P2.4 billion to iSON for buildup of telco towers
The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»
DOF finalizing P55.7 billion loan for Metro Manila subway
The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»
Maya loans reach P22 billion last year
Digital bank Maya Bank Inc. raised its loan disbursement by sevenfold to P22 billion in 2023, as it reaped the benefits of expanding its credit products for underserved sectors......»»
RCBC auto, housing loans hit P121 billion
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»
NEA lends over P1 billion to power coops in 2023
Loans extended by the National Electrification Administration to electric cooperatives nationwide exceeded the P1-billion mark in 2023......»»
Robbers kill guard dog to enter establishment
Unidentified robbers stole nearly P200,000 from RDM 128 Lending Corporation at Purok 4, Brgy. San Francisco, Panabo City......»»
PDEA-7: Over P200M worth of shabu, marijuana seized in CV since Jan. 1
CEBU CITY, Philippines – In less than two months, the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) has confiscated over P200 million worth of shabu and marijuana stalks. With this, Leia Alcantara, the PDEA-7 spokesperson, said that they were able to prevent the distribution of millions worth of illegal drugs and marijuana in the.....»»
High pork retail prices hit
The farmgate price of pork remains low at P200 per kilo, but its retail price has reached as high as P420 per kilo in Metro Manila markets, according to a hog raisers’ group......»»
IC plans to increase CMVLI coverage to P200,000
The government plans to increase the indemnity claims of vehicular accident victims amid the need to improve overall insurance coverage in the country......»»
Pag-IBIG to increase member contributions in February 2024
MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund said that it will raise its member contributions in February 2024. In a phone interview on Tuesday, it said that monthly contributions from employees and employers will be increased to P200, from the minimum P100. ALSO READ: PhilHealth members’ contribution rises to 5%.....»»
Oil firms to slash pump prices on April 30
Oil firms are set to implement a rollback in pump prices on Tuesday, April 30. .....»»
CDC, Landbank offer online payment option for Clark firms
CDC, Landbank offer online payment option for Clark firms.....»»
DOH warns health workers vs gifts from pharma firms
The DOH on Monday issued a memorandum on upholding ethical standards following reports of pharmaceutical firms offering privileges to medical professionals and using multi-level marketing tactics to promote prescriptions. .....»»