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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......»»
MFC Cebu highlights program via wins in SHS-AdC Football Cup
CEBU CITY, Philippines– The Makati Football Club Cebu (MFC Cebu) bagged three titles in the SHS-Ateneo de Cebu Magis Eagles 6th Football Cup over the weekend in the younger age groups. MFC Cebu topped the under-6, under-8, and under-10 divisions under head coach Ref Cuaresma and assistant coach Ayn Quidlat, Emman Donkor, June Taneo, Daniel.....»»
P31 billion drugs seized under President Marcos
Law enforcement agencies have confiscated P31.07 billion worth of illegal drugs under the administration of President Marcos, the Philippine Drug Enforcement Agency reported yesterday......»»
China Bank Savings profit hits record high in 2023
The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Forces from US, Philippine stage combat drills near southern Taiwan
ITBAYAT, The Philippines: U.S. and Philippine forces recently conducted combat drills in the Philippines' northernmost island town of Itbayat, situated along the strategic Bashi Channel near southern Taiwan, a pivotal area in the ongoing military rivalry between Washington and Beijing. The exercises, part of the annual Balikatan maneuvers, involved over 16,000 American and Philippine military personnel, marking.....»»
Cebu City gov’t covers open canal near Pasil Fish Market
CEBU CITY, Philippines — The Cebu City Government, through the Department of Engineering and Public Works (DEPW) and Office of the City Markets, already covered on Tuesday, April 30, the open canal near the Pasil Fish Port. Work commenced after the city government received a report that a man recently fell into the canal. In.....»»
Kenya skips reopening of schools as flood-related deaths near 100
Kenya skips reopening of schools as flood-related deaths near 100.....»»
2 Chinese vessels spotted off Palawan near Balikatan site
Two Chinese naval vessels were spotted off Palawan near an area where Philippine, US and French warships were holding joint sail – on its last day yesterday – as part of the Balikatan exercises......»»
Kenya postpones reopening of schools as flood-related deaths near 100
Kenya postpones reopening of schools as flood-related deaths near 100.....»»
Chinese influx near EDCA sites needs probing – lawmaker
The sudden “aggressive influx” of Chinese nationals near sites of the Philippines-US Enhanced Defense Cooperation Agreement should be a cause for concern for the Department of Foreign Affairs and Bureau of Immigration (BI), according to a congressman......»»
‘PROHIBITED AREA’ | ‘Ukay-ukay’ vendors should not occupy roads near Panaad Park
‘PROHIBITED AREA’ | ‘Ukay-ukay’ vendors should not occupy roads near Panaad Park.....»»