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Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
Fitch keeps credit rating of 5 Philippine banks
Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
MCWD: Supply Dropped, expect less water
MCWD: Supply Dropped, expect less water.....»»
CAB: Expect no changes in airfares next month
Travelers planning to book a summer trip can expect airfares to remain the same in April, as the government made no changes in the fuel surcharge that airlines can pass on......»»
Expect reduction in LPG prices starting Feb.
Expect reduction in LPG prices starting Feb......»»
DepEd asks teacher to explain scolding of students in viral video
DepEd has issued a show cause order against a public school teacher who went viral for scolding her students while live-streaming on TikTok — an incident that some believe is an overstep in classroom discipline but educators say is proof of deeper issues in the school system......»»
Plaza Independencia: Rama plans to rubberize park, make more family-friendly
CEBU CITY, Philippines — Cebu City Mayor Michael Rama plans to make Plaza Independencia more family friendly as he envisions more changes to make this dream a reality. These included having the inside of the Plaza Independencia being rubberized, having more plants inside to make it also more environment-friendly and to have facilities for families.....»»
More Pinoys eye new loans this year
Eight in every 10 Filipinos saw more accessible credit options last year, with more than 50 percent of them eyeing to take new loans this year......»»
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain The Philippine Competition Commission (PCC) is conducting a deeper review of the proposed acquisition by Ayala Corp.’s unit of a substantial stake in North Luzon drugstore chain St. Joseph Drugstore......»»
Flying Titans inspired by runner-up showing last time
Undeterred by their heartbreaking finals defeat to sister team Creamline, Choco Mucho setter Deanna Wong vowed they would come in with deeper resolve in chase of a breakthrough Premier Volleyball League title......»»
BPI profit hits record high P51.7 billion in 2023
“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»
The Importance of Still Keeping Loose Change
In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»
Amihan to bring light rain on Valentine’s Day — Pagasa
MANILA, Philippines — The northeast monsoon or amihan may bring some light rainfall over parts of Northern and Central Luzon, including Metro Manila, today, February 14. This meant that most Filipinos can expect clear skies and pleasant weather for Valentine’s Day this year. In a morning report, state weather specialist Obet Badrina predict generally fair.....»»
BSP to be more cautious on lowering rates – S& P
The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»
Pagasa: Heat index in Cebu to hit 37°C on Black Saturday
CEBU CITY, Philippines – Expect hotter temperatures on Black Saturday in Metro Cebu and the rest of the province, with the maximum heat index forecast reaching 37 degrees Celsius. This forecast has been issued by the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) Visayas Regional Services Division on Saturday, March 30. READ MORE: Sunny.....»»
BSP approves more changes to forex rules
The Bangko Sentral ng Pilipinas has approved more amendments to its regulations to further facilitate the access of authorized agent banks to foreign exchange resources and streamline documentary requirements, procedures as well as reporting......»»
Agencies pledge P6.3B projects for Lapu-Lapu City at CDC
LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 billion for Lapu-Lapu City in 2025. The amount.....»»
Agencies pledge P900M projects for Lapu-Lapu City at CDC
LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 million for Lapu-Lapu City in 2025. The amount.....»»
Sinulog sa Lalawigan 2024: What to expect
CEBU CITY, Philippines – Sixteen contingents from Cebu province, including the cities of Lapu-Lapu and Mandaue, will be vying for this year’s Sinulog sa Kabataan sa Lalawigan. The competition will be held at the Cebu City Sports Center (CCSC) today, January 14. Meanwhile, the Street Parade contest will start at 2 p.m. The parade will.....»»