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Council to appeal March 1 as special non-working holiday in Davao City
The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»
Marcos declares Feb. 9 a special non-working day for Chinese New Year
MANILA, Philippines — President Ferdinand Marcos Jr. has declared February 9, a Friday, as a special non-working day in the country for the celebration of Chinese New Year. The Palace issued Proclamation No. 453, making the declaration. “The declaration of 09 February 2024, Friday, as an additional special non-working day throughout the country will give.....»»
IOB to sell 92 NPA accounts having Rs 13,472 cr loan outstanding
Indian Overseas Bank to e-auction 92 non-performing loans worth Rs 13,471.68 crore. Loans include consortium arrangements, NCLT cases, sole banking ventures. Gross NPA reduced to 3.90% by December 31, 2023......»»
Banks’ bad loans rise in February
The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
FPRRD opposes disguised Charter change initiative
Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»
Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF
Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»
Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF
Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»
2 Negros Occidental cops sacked over alleged illegal gambling ‘payola’
2 Negros Occidental cops sacked over alleged illegal gambling ‘payola’.....»»
Zambo cops arrest top 3 most wanted person
Zambo cops arrest top 3 most wanted person.....»»
Cebu City cops get praise for arresting hit-and-run suspect
Cebu City cops get praise for arresting hit-and-run suspect.....»»
PNP chief dispels rumors on diversion of cops’ rice allowance
PNP chief dispels rumors on diversion of cops’ rice allowance.....»»
Paraaque villagers feel safer after cops raid on Chinese den - manilastandard.net
Paraaque villagers feel safer after cops raid on Chinese den manilastandard.net.....»»
Central Visayas cops told to take cover….against the sun
CEBU CITY, Philippines – Central Visayas cops specially those who are out on the streets are reminded to always protect themselves against the scorching heat. Police Lieutenant Colonel Gerard Ace Pelare, PRO-7 spokesperson told policemen to always keep themselves hydrated in order to be fit to work despite the hot weather. Ever since summer began,.....»»
CL cops log spike in drowning cases
CL cops log spike in drowning cases.....»»
Over 2,700 cops in Western Visayas promoted in mass ceremony
Over 2,700 cops in Western Visayas promoted in mass ceremony.....»»
50,000 cops nationwide, including 2,100 from Central Visayas, promoted to higher positions
50,000 cops nationwide, including 2,100 from Central Visayas, promoted to higher positions.....»»
Lodging house robbery attempt foiled after culprit nabbed by roving cops in Barangay Kamagayan
Lodging house robbery attempt foiled after culprit nabbed by roving cops in Barangay Kamagayan.....»»
Explainer: Why were lighter penalties given to cops involved in Jemboy slay?
Baltazar's family believes the court's decision falls short of delivering justice for their son's killing, citing the lighter penalties imposed by the court on the involved cops......»»
Cops advised to refrain from engaging in illegal acts
Cops advised to refrain from engaging in illegal acts.....»»