Mandaue City Vaccine Board not encouraging walk-in applicants
MANDAUE CITY, Philippines — The Mandaue City Vaccine Board will not encourage walk-ins at the city’s vaccination centers. Subangdaku Barangay Captain Ernie Manatad, the city’s vaccine czar, said that Mandaue has been informing its residents that they are not allowing walk-ins at the city’s vaccination centers as they prioritize those who have already registered. Manatad, […] The post Mandaue City Vaccine Board not encouraging walk-in applicants appeared first on Cebu Daily News......»»
Investors take interest in Islamic banking
The Philippines is seeing a surge in interest in Islamic banking with local and foreign investors looking to get involved in the growing market, a Bangko Sentral ng Pilipinas official said on Wednesday. During the local Philippine Economic Briefing, or PEB, in Davao City, BSP Deputy Governor Francisco Dakila Jr. said the government has been developing the Islamic banking and finance ecosystem through a “whole of government approach” that includes capacity building and awareness raising. “We’ve had numerous briefings and informative sessions, and this has resulted in engagements with potential new players,” Dakila said. “Aside from conventional banks, we have seen interests from five foreign banks, foreign government institutions, and foreign embassies who volunteered support in tapping new Islamic banking players,” he added. Dakila attributed the market interest in Islamic banking to its business models emphasizing risk-sharing, ethical and sustainable finance. BSP’s progressive approach He also said that the BSP’s progressive approach to improving prudential regulatory reforms has been a key factor in attracting new investors. Meanwhile, Dakila said the Monetary Board of the BSP approved the first Islamic banking unit license issued to a conventional bank, bringing the number of Islamic banking players in the Philippines to two. The first Islamic bank in the Philippines is the Al-Amanah Islamic Investment Bank of the Philippines, or AAIIBP, which was established in 1973. The Islamic bank was established under Presidential Decree 264 as the Philippine Amanah Bank. The AAIIBP has branches in the provinces of Mindanao, such as in Cotabato, Lanao del Sur, South Cotabato, and Sulu. “We anticipate more applicants as we continue our initiatives to promote Islamic banking and finance,” Dakila said. Good investment opportunities Dakila also said that the government is keen on a positive outlook for Islamic banking and finance in the Philippines, as the country anticipates the issuance of the first sovereign sukuk. A sukuk is a type of Islamic bond that complies with Shariah law. The issuance of a sovereign sukuk would mark the Philippines as a player in the global Islamic finance industry and would generate more prospects and expand the country’s engagement with the global Islamic financial market. The post Investors take interest in Islamic banking appeared first on Daily Tribune......»»
Interest in Islamic banking is on the rise
The Philippines is seeing a surge in interest in Islamic banking with local and foreign investors looking to get involved in the growing market, a Bangko Sentral ng Pilipinas (BSP) official said on Wednesday. During the local Philippine Economic Briefing (PEB) in Davao City, BSP Deputy Governor Francisco Dakila Jr. said the government has been developing the Islamic banking and finance ecosystem through a "whole of government approach" that includes capacity building and awareness raising. "We've had numerous briefings and informative sessions, and this has resulted in engagements with potential new players," Dakila said. "Notable of which, aside from conventional banks, we have seen interests from five foreign banks, foreign government institutions, and foreign embassies who volunteered support in tapping new Islamic banking players," he added. Dakila attributed the market interest in Islamic banking to its business models emphasizing risk-sharing, ethical, and sustainable finance. He also said that the BSP's progressive approach to improving prudential regulatory reforms has been a key factor in attracting new investors. Meanwhile, Dakila said the Monetary Board of the BSP approved the first Islamic banking unit license issued to a conventional bank, bringing the number of Islamic banking players in the Philippines to two. The first Islamic bank in the Philippines is the Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP), which was established in 1973. The Islamic bank was established under Presidential Decree 264 as the Philippine Amanah Bank. The AAIIBP has branches in the provinces of Mindanao, such as in Cotabato, Lanao del Sur, South Cotabato, and Sulu. "We anticipate more applicants as we continue our initiatives to promote Islamic banking and finance," Dakila said. He also said that there are great opportunities for investments in this area, as the promotion of Islamic banking and finance in the Philippines will expand the country's financial inclusion agenda, particularly in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), which is the most unbanked region in the country. Dakila also said that the government is keen on a positive outlook for Islamic banking and finance in the Philippines, as the country anticipates the issuance of the first sovereign sukuk. A sukuk is a type of Islamic bond that complies with Shariah law. The issuance of a sovereign sukuk would mark the Philippines as a player in the global Islamic finance industry and would generate more prospects and expand the country's engagement with the global Islamic financial market. The post Interest in Islamic banking is on the rise appeared first on Daily Tribune......»»
200 applicants for Mandaue City’s scholarship program
Olango Island, Lapu-Lapu City—At least 200 students have already applied for Mandaue City’s scholarship program. City Councilor Malcolm Sanchez, chairman of the Committee on Education, said that the submission of applications has probably ended because they are set to meet with the city scholarship board on Friday afternoon, October 14, 2022, regarding the scholarship’s status. […] The post 200 applicants for Mandaue City’s scholarship program appeared first on Cebu Daily News......»»
Mandaue City set to tackle scholarship program soon
MANDAUE CITY, Philippines — The Mandaue City College Scholarship Grant and Advisory Board is set to convene to map out the city’s scholarship program. City Councilor Malcolm Sanchez, chairman of the Committee on Education, said that there are already over 100 applicants and the applications were already collected by the Office of the Mayor. They […] The post Mandaue City set to tackle scholarship program soon appeared first on Cebu Daily News......»»
Mandaue focuses again on master listing vaccine applicants
MANDAUE CITY, Philippines –Mandaue City is again focusing on the master listing of applicants as vaccine supply is expected to arrive mid-July. Subangdaku Barangay Captain Ernie Manatad, chairman of the Mandaue City Vaccine Board, said the remaining doses of vaccines for the second dose of some individuals are estimated to be consumed on Wednesday, July […] The post Mandaue focuses again on master listing vaccine applicants appeared first on Cebu Daily News......»»
Mandaue City Vaccine Board not encouraging walk-in applicants
MANDAUE CITY, Philippines — The Mandaue City Vaccine Board will not encourage walk-ins at the city’s vaccination centers. Subangdaku Barangay Captain Ernie Manatad, the city’s vaccine czar, said that Mandaue has been informing its residents that they are not allowing walk-ins at the city’s vaccination centers as they prioritize those who have already registered. Manatad, […] The post Mandaue City Vaccine Board not encouraging walk-in applicants appeared first on Cebu Daily News......»»
Mandaue drug bust: P476,000 ‘shabu’ seized from HVI
CEBU CITY, Philippines — Authorities seized suspected shabu worth at least P476,000 from a 45-year-old man described as a high-value individual during an anti-illegal drugs operation in Mandaue City early on Wednesday morning, March 27, 2024. The operation took place along Realty Road in the North Reclamation Area in Barangay Subangdaku, Mandaue City, Cebu. The.....»»
Big 4 Volleyball tilt marks successful inaugural season, eyes bigger tourneys soon
CEBU CITY, Philippines — The Big Four Volleyball Tournament wrapped up last weekend successfully at the Warehouse Sports Lab in Mandaue City. This grassroots volleyball tournament saw inaugural champions being crowned. The Subangdaku Trojans emerged as champions in the 13-under and the girls 14-17 divisions, while Cabancalan National High School ruled the 14-17 boys division. .....»»
Mandaue to host 7th International Cat Show 2024
CONSOLACION, Cebu – Mandaue City is set to host the 7th International Cat Show 2024 for the second time, supported by the World Cat Federation (WCF) and the Society of Feline Enthusiasts of the Philippines (SFEPI) with the Island Rescue Organization (IRO) as the beneficiary. This two-day cat show will be held on April 13-14.....»»
LWUA firm on intervention as MCWD water leakage increases
CEBU CITY, Philippines –The battle over authority continues in the Metropolitan Cebu Water District (MCWD) as the Local Water Utilities Administration (LWUA) stands firm in its decision on the six-month intervention, despite the status quo stance. The LWUA expressed confusion as to why the incumbent MCWD board would not honor the partial intervention, clarifying that.....»»
Local FM station, two broadcasters in Cebu sanctioned
CEBU CITY, Philippines – A local FM radio station and two of its broadcasters have been sanctioned by the Cebu City Anti-Indecency Board (CCAIB) due to their controversial interview with a minor rape victim that went viral. In a report from Cebu City News and Information, the CCAIB addressed the issue that went viral last.....»»
Palarong Pambansa 2024 earns support from Mandaue, Cebu business leaders
CEBU CITY, Philippines– The Cebu Chamber of Commerce & Industry (CCCI) and the Mandaue Chamber of Commerce & Industry (MCCI) will give out their full support to the organizers of the upcoming Palarong Pambansa 2024 scheduled in July. In a meeting last March 18 at the board room of the Aboitiz Corporate Center, CCCI President.....»»
Dcott assists bus companies for Holy Week special permits
THE Davao City Overland Transport Terminal (Dcott) has collaborated with bus companies, ensuring they obtain or renew their special permits from the Land Transportation Franchising and Regulatory Board-Davao Region (LTFRB-Davao) ahead of the anticipated surge in passengers during the upcoming Holy Week......»»
Xinhua world news summary at 0830 GMT, March 10
ISLAMABAD -- Two people were killed and another injured on Sunday morning in a blast near a market in Pakistan's northwest Peshawar city, rescue service reported. The blast took place early in the morning on Nasir Bagh road near Board Bazaar, a local market in Peshawar, the capital city of the country's northwest Khyber Pakhtunkhwa (KP) province, resulting in casualties, Bilal Ahmad Faizi, public relations offic.....»»
Xinhua world news summary at 0830 GMT, March 10
ISLAMABAD -- Two people were killed and another injured on Sunday morning in a blast near a market in Pakistan's northwest Peshawar city, rescue service reported. The blast took place early in the morning on Nasir Bagh road near Board Bazaar, a local market in Peshawar, the capital city of the country's northwest Khyber Pakhtunkhwa (KP) province, resulting in casualties, Bilal Ahmad Faizi, public relations offic.....»»
Boxing: WBO, GAB execs optimistic PH will end world title drought soon
CEBU CITY, Philippines — World Boxing Organization (WBO) Asia Pacific president Leon Panoncillo and the Games and Amusements Board (GAB) Chairman Richard Clarin share the belief that it’s only a matter of time for the Philippines to produce a new boxing world champion. Clarin and Panoncillo were in Tagbilaran City recently to officiate two WBO.....»»
Rama on settling CBRT dispute with Capitol: ‘Why should I?’
CEBU CITY, Philippines – Cebu City Mayor Michael is not open to meeting with members of the Cebu Provincial Board following the two resolutions passed urging the Cebu Bus Rapid Transit (CBRT) to halt civil works due to violations of heritage laws. Rama noted that he had already made a statement regarding the issue and.....»»
Tommy Osmeña on call for stoppage of Cebu BRT civil works: ‘We have leaders acting like spoiled brats’
CEBU CITY, Philippines — Former Cebu City Mayor Tomas Osmeña lambasted several Cebu government officials following the call to halt the Cebu Bus Rapid Transit (CBRT) civil works. Osmeña called out officials, particularly City Councilor James Cuenco, the Provincial Board, and Cebu Provincial Governor Gwen Garcia. “It’s very important not to insult the funders of.....»»
Cebu City’s Singapore-like goal is about instilling discipline and respect, city administrator says
CEBU CITY, Philippines — Discipline and respect are what will make Cebu City a Singapore-like city. According to Cebu City Administrator and Lawyer Collin Rosell, speaking on Friday, March 1, during the “League of Lupong Tagapamayapa – Cebu City Chapter General Assembly and Board of Directors Election,” held near a pier in Cebu City, Mayor.....»»
DHSUD: Former MVHAI board members legitimate
The Department of Human Settlements and Urban Development (DHSUD) has recognized the former board members of the Multinational Village Homeowners Association Inc. in Parañaque City as the MVHAI’s “legitimate” officers......»»