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CARD RBI offers solar loans to combat rising power costs
For the bank, this solar loan program further defines their commitment to creating a brighter, sustainable future for everyone......»»
Global Dominion pushes for inclusive training programs for businessmen
This innovative initiative goes beyond training the company’s loan agents; it extends its reach to partner dealers and customers, offering valuable insights into essential topics such as business registration and expansion. .....»»
Manila Water borrows $110 million for refinancing
The holding company of Razon-led Manila Water Co. Inc. for its international ventures secured a $110 million three-year loan from two Singapore-based banks to refinance its existing debt......»»
DBP lends P116 million for swine farm expansion
State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»
DBP lends P2 billion for Palawan infrastructure projects
State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»
BNPP revival hopes still alive
Hopes for the revival of the mothballed Bataan Nuclear Power Plant are still very much alive, but the government is also studying its options in case reviving the facility is no longer feasible. .....»»
Non-profit peace-advocacy swimming training facility up
There is a big peace-advocacy group that had set up in a hinterland town a swimming pool for honing potential young swimmers from the Muslim, Christian and indigenous communities into athletes as a showcase of religious and cultural solidarity in sports......»»
Woman nabbed for alleged attempt to sneak in drugs into jail
CEBU CITY, Philippines- A woman was arrested by the jail personnel of Mandaue City Jail after she attempted to smuggle illegal drugs into the facility on Tuesday afternoon, February 13, 2024. The suspect was identified as Genalyn Andales Ople, of legal age, a resident of Barangay Canduman in the said city. According to Jail Superintendent.....»»
K9 security ops in Cotabato Airport intensified
Policemen guarding the Cotabato Airport have been visibly using, for a week now, explosives and narcotics detection dogs in guarding the facility following the seizure of big volumes of shabu from traffickers in this city and in towns around in recent weeks......»»
Digital banks post significant deposit, loan growth in 2023
The digital banking sector has recorded a significant growth in total deposits and loans in 2023 compared to a year ago, as consumers looked for more accessible and user-friendly financial services......»»
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......»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
Himachal Pradesh CM Sukhu inaugurates 22 new branches of HPSCB; launches two new schemes
Shimla (Himachal Pradesh) [India], March 6 (ANI): Chief Minister Sukhvinder Singh Sukhu virtually inaugurated 22 new branches of the Himachal Pradesh State Cooperative Bank (HPSCB) on Wednesday. According to an official release from the Chief Minister's Office (CMO), "CM Sukhu launched two new schemes, the 'One-Time Resolution Scheme' and a Loan Scheme for developing high-density apple orchards."The Chief Minister also la.....»»
Struggling with credit card debt: Renters and low-income individuals fall behind – The Daily Guardian
Title: Financial Challenges Persist for Certain U.S. Population Despite Strong Economy Subtitle: Rising inflation, credit card debt, and student loan burdens threaten the financial well-being.....»»
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......»»
Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
USD3.32-B Loan Approved by BSP
On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»
Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
PDEA destroys P9 billion worth of drugs
The Philippine Drug Enforcement Agency said it had destroyed P9 billion worth of illegal drugs in a facility in Cavite......»»
Phinma partners with Floirendo Group for Davao cement plant
The Phinma Group of the Del Rosario family has concretized its plan to develop a new cement manufacturing facility in Davao as it inks a deal with the Floirendo-led Anflo Management and Investment Corp. (ANFLOCOR)......»»