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Philippines gross int l reserves level settles at 103.4 bln USD in April

MANILA, May 7 (Xinhua) -- The Philippines' gross international reserves (GIR) decreased to 103.4 billion U.S. dollars at the end of April from 104.1 billion dollars at the end of March, the Philippine central bank said Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Microinsurance premiums up 20 percent

Insurance contributions from low-income Filipinos amounted to P10.2 billion from January to September 2023, up by nearly 20 percent from P8.49 billion in the same period a year ago, according to the Insurance Commission......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

EDITORIAL - Abusing visa powers

Will anomalies never end in the Bureau of Immigration? On Nov. 9, 2020 while the COVID pandemic was raging with no vaccine available, Rodrigo Duterte summoned over 40 BI employees to Malacañang to berate them over the so-called pastillas scam......»»

Category: newsSource:  philstarRelated NewsMay 14th, 2024

Landbank income improves by 11 percent in Q1

The net income of state-run Land Bank of the Philippines increased by 11 percent to P12 billion in the first quarter from P10.8 billion in the same quarter last year, mainly driven by high interest income from loans......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Global Dominion financed P6.8 billion in 2023

Global Dominion Financing Inc. (Global Dominion) booked P6.8 billion of loans in 2023. This infusion to the Philippine economy mobilized businesses and empowered families to achieve their goals. This growth indicator was highlighted during the company’s 2024 annual stockholders’ meeting, attended by its board of directors, shareholders and senior managers......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Satellite Voter Registration

Personnel from the Commission on Elections XI check the documents of incoming voters at a satellite registration site at Vista Mall, Barangay Sto. Niño, Davao City. Voter registration began in February and is scheduled to end on September 30, 2024. MindaNews photo by YAS D. OCAMPO.....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Tom Holland s Romeo and Juliet heading to Broadway after West End run — report

Tickets for Jamie Lloyd's reimagining of "Romeo and Juliet" starring Tom Holland in his West End return sold out in under two hours, leading to brewing rumors of a Broadway run down the line......»»

Category: sportsSource:  abscbnRelated NewsApr 9th, 2024

Tom Holland s Romeo and Juliet heading to Broadway after West End run — report

Tickets for Jamie Lloyd's reimagining of "Romeo and Juliet" starring Tom Holland in his West End return sold out in under two hours, leading to brewing rumors of a Broadway run down the line......»»

Category: sportsSource:  abscbnRelated NewsApr 9th, 2024

Universal Robina FY23 profit: P12.8-B (down 12%)

Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

SWS poll says 44% of Filipinos see better lives

This figure is down from 48% in the survey conducted in September 2023. .....»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

6 Best Relaxing Games You Can Play

When it’s time to unwind and relax at the end of the day, why not sit down and play some video games? These six titles offer a non-frenetic pace so you can calm down and enjoy your hobby. Stardew Valley Stardew Valley is a farming simulator that has all the right moves, including a slower […] The post 6 Best Relaxing Games You Can Play appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 27th, 2024