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FACT CHECK: One-time P10,000 benefits for senior citizens false
The YouTube Channel Balitang Pinas made a video claiming senior citizens or persons aged 60 years old and above who have obtained their senior citizen’s ID can now obtain a financial incentive worth 10,000 pesos......»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
Market ends week on high note
The stock market capped off the week on a high note, buoyed by positive cues from the US markets overnight......»»
Xiaomi launches Redmi Note 13 series, starts at P9,999
Alongside the Redmi Note 13 series of smartphones, Xiaomi also launches the Redmi Watch 4 and the Redmi Buds 5 series.....»»
Carcar rape: Bank employee claims 17-year-old girl flirted with him
CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»
Davraa Meet 2024 closes on a high note in Davao City
Davraa Meet 2024 closes on a high note in Davao City.....»»
Kathryn, Alden ‘Box-Office Queen and King’; DonBelle, DongYan kinilala rin
NAKO, lalong kikiligin ang fans kina Alden Richards at Kathryn Bernardo! Sila kasi ang kinilalang Box-Office King and Queen ng Box Office Entertainment Awards 2024 ng Guillermo Mendoza Memorial Scholarship Foundation (GMMSF) na gaganapin sa Ateneo de Manila University sa darating na May 12. Ang parangal ay para sa kanilang mahusay na pagganap sa kani-kanilang.....»»
Model-dancer nagandahan lang kay Cianne kaya humingi ng kiss, nag-sorry
*Trigger warning: Naglalaman ng sexual harassment at rape NAG-SORRY ang model-gay bar dancer sa “It’s Showtime” host na si Cianne Dominguez at sa pamilya nito matapos akusahan ng tangkang panggagahasa. Arestado at nakakulong na ngayon sa Quezon City Police District station ang naturang lalaki na kinilalang si Shervey Torno kasunod ng pagsasampa sa kanya ng.....»»
Negosyante sabit EX-KONSI NG BAYAN, EX-KAP INASUNTO Rape, 5 bilang ng cyberlibel inihain
SINAMPAHAN ng kasong rape at limang bilang ng cyberlibel ang isang dating konsehal ng bayan na nanungkulan din bilang barangay chairman, kinilalang si Melvin Santos, residente sa Barangay Camias, San Miguel, Bulacan, sa Provincial Prosecutor’s Office, kamakalawa. Habang 12 kaso ng cyberlibel ang inihain laban sa negosyanteng si Mary Grace De Leon, residente sa Guillerma ….....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage
The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»
BPI renews alliance with Mizuho Bank
The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»
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......»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»