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Philippines to sign 5-year rice deal with Vietnam
The Philippines is expected to forge a five-year rice deal with Vietnam during President Marcos’ state visit later this month to ensure stable supply even during calamities, Agriculture Secretary Francisco Tiu Laurel Jr. said yesterday......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
Government raises P330 million from asset disposals in 2023
The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»
CREIT income rises to P1.4 billion in 2023
Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»
New DCPO chief to focus on personnel morale, asset optimization
THE Davao City Police Office (DCPO) bid farewell to PCol. Alberto Lupaz and welcomed its new City Director, PCol. Richard Bad-ang, in a turn-over ceremony at the Camp Captain Domingo E. Leonor on March 22......»»
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.....»»
DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025
LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»
PNB asset sale seen to yield P5.4 billion
Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»
Notes on the beat: Behind the scenes in the NAIA bidding
It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless......»»
Philippines mulls defense asset acquisition from Sweden
The Philippines, through the Department of National Defense , is exploring the possibility of acquiring defense assets from Sweden......»»
AbaCore raises P200 million from asset sale
Listed holding company AbaCore Capital Holdings Inc. has raised P200 million from the sale of another Batangas property......»»
Jinggoy denies Roque claim on Sierra Madre ‘deal’
It was “unacceptable” for former presidential spokesman Harry Roque to claim that former president Joseph Estrada made a deal with Beijing to remove the BRP Sierra Madre from the Ayungin Shoal, according to Sen. Jinggoy Estrada......»»
Hamas arrives in Cairo for ceasefire talks with deal ‘on the table’
Washington says a ceasefire deal was already 'on the table,' approved by Israel and awaiting only a sign-off from the militants. But the warring sides give away little information on the state of any progress......»»
Philippines, Vietnam ink 5-year rice supply deal
The Philippines signed on Tuesday a five-year deal with Vietnam to ensure steady supply of affordable rice to the country as global prices of the staple continue to surge......»»
Gen Z more into buy now, pay later schemes – survey
The use of buy now, pay later (BNPL) services is on the rise in the Philippines, with the biggest increase observed among Gen Z consumers, according to a study from global information and insights company TransUnion......»»
Delivery rider nabbed for hold up me scheme
A delivery rider in Davao City, Bryan Sistual Capote, gained attention after claiming to be robbed while on duty. However, police investigations revealed inconsistencies in his story. Witnesses reported no signs of trouble during the alleged robbery, and tracking Capote's e-wallet transactions uncovered a transfer matching the amount he claimed was stolen. Confronted by authorities, Capote confessed to fabricating the robbery. He now faces charges for his deceitful actions......»»
MWSS urges Filipinos: Use water intelligently
The Metropolitan Waterworks and Sewerage System (MWSS) asked the public yesterday to use water intelligently amid the continued drop in the water level of Angat Dam with the ongoing threat of a strong El Niño phenomenon......»»
Marcos to back filing of case if there’s proof of cyanide use in WPS
The filing of a case in connection with the alleged use of cyanide in Bajo de Masinloc (Scarborough Shoal) allegedly by foreign fishermen, “if there is enough ground to do so,” would be supported by President Ferdinand Marcos Jr. President Marcos said this on Tuesday. But an earlier claim by the Bureau of Fisheries and.....»»
Philippines to intensify measures vs tobacco use
The Philippines has vowed to intensify its measures against tobacco use, in line with an international treaty that seeks to address what it called the “tobacco epidemic.” .....»»
IP use in ecozones promoted
The Intellectual Property Office of the Philippines has partnered with the Philippine Economic Zone Authority to promote the use of the intellectual property system in ecozones......»»