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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.....»»
CLI approves issuance of P5 billion preferred shares
Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»
PLDT rings in P9.8 B profit in Q1, up by 9%
PLDT, the country’s largest telco, is adjusting well to the shrinking market for broadband products and spiraling cost of goods and services as it generated earnings of almost P10 billion in the first quarter of the year......»»
Cebu Pacific profit soars
Low-cost carrier Cebu Pacific reached a cruising altitude in the first quarter of the year, doubling its profit to more than P2 billion due to the holiday boom for air travel......»»
PH’s BOI grants green lane endorsement for P10.85-B wind project in Laguna
The project, with an investment cost of P10.85 billion, is set to start its commercial operations by 2026 and is expected to generate at least 30 direct and 500 indirect employment for Filipinos......»»
El Nino costs Philippine agriculture up to 18.9 mln USD
MANILA, March 6 (Xinhua) -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 h.....»»
Xinhua world economic news summary at 0900 GMT, March 6
MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
Philippines: More than one million children in Muslim Mindanao need protection from highly infectious measles spread
COTABATO/MANILA, 28 March 2024 - A major immunization drive in early April will reach over 1.3 million children in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) following the alarming surge in measles cases with 77 per cent of the confirmed cases in the Philippines being reported from this region.From the 1st until 12th April, health workers will provide lifesaving vaccines to prot.....»»
15 Daulah Islamiyah, BIFF surrender in Central Mindanao
15 Daulah Islamiyah, BIFF surrender in Central Mindanao.....»»
Dusit Thani, Sheraton to build hotels in Cagayan de Oro
CAGAYAN DE ORO CITY (MindaNews / 24 March) — Two international hotel chains — Sheraton and Dusit Thani – are set to build hotels in this city, the third in Mindanao for Dusit Thani and the first in Mindanao for Sheraton. Dusit Thani operates two in the Davao region – Dusit Thani Residence Davao in Davao […].....»»
SWS: Satisfaction with President Marcos lowest in Mindanao
In a span of just one year, satisfaction with President Marcos among those in Mindanao has shifted from being highest to the lowest in the country, surveys conducted by Social Weather Stations (SWS) showed......»»
Mindanao NPA leader, 3 other rebels surrender
Four New People’s Army members, including a leader of the communist rebel group in Mindanao, have surrendered in Surigao del Norte......»»
‘No longer Mindanao del Norte, at war’
From being adversaries, soldiers and combatants of the Moro Islamic Liberation Front are now allies in ensuring the success of the peace process in Mindanao as members of the joint peace and security committee......»»
Mayor Baste: Prioritize Mindanao’s safety, security vs terrorism
DAVAO City Mayor Sebastian “Baste” Duterte addressed the national government to prioritize the safety and security of the Mindanao regions vulnerable to terrorism......»»
Mindanao Book Fair 2024 set March 13-15
PRESS RELEASE: Mindanao Book Fair 2024 is set from March 13 to 15 at Arrupe Hall at Ateneo de Davao University.....»»
Alleged female NPA leader in Western Mindanao killed in Zamboanga Sur
ILIGAN CITY (MindaNews / 28 February) – An alleged senior leader of the New People’s Army (NPA) in Western Mindanao was killed during a clash with soldiers in Dumingang, Zamboanga del Sur Tuesday morning, February 27. Maj. Gen. Gabriel C. Viray III, Philippine Army’s 1st Infantry “Tabak” Division commander, identified the slain NPA official as […].....»»
HIRING | Project Administrative Officer
The Mindanao Institute of Journalism (MIJ) is hiring a Project Administrative Officer. Duty Station: Davao City, Davao del Sur, Philippines* Application Deadline: 13 March 2024 Type of Contract: Fixed-Term, Full-Time Reporting To: Project Lead Expected Duration of Engagement: Until December 2026 Expected Start Date: 01 April 2024 *relocation will not be provided Background Mindanao Institute […].....»»