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Converge, Dito agree to share cable assets
Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»
EDSA-Kamuning flyover to be closed for repairs
The EDSA-Kamuning flyover will be closed for repairs starting May 1, the Metropolitan Manila Development Authority (MMDA) announced yesterday......»»
Globe closed on an additional P1.16-B in tower sales
Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»
Pagadian airport to be closed for rehab
Pagadian airport in Zamboanga del Sur will be closed for one month to pave the way for repair of the runway......»»
Mt. Apo closed from Mar 20-30
Mount Apo, located at the border of Davao del Sur, North Cotabato and Davao City, is temporarily closed to the public.....»»
Benguet highway closed due to forest fire
Halsema Highway or the Baguio-Bontoc road in Atok, Benguet was closed to traffic yesterday due to a forest fire......»»
Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH
The takeover of Coca-Cola Beverages Philippines Inc. by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»
Portion of Osmeña Blvd. closed due to skywalk removal
CEBU CITY, Philippines —A portion of Osmeña Blvd. was ‘temporarily closed’ from the corner of Fuente Osmeña Circle to the Arlington Pond intersection starting Thursday, Feb. 15, 2024. This closure is due to the presence of concrete cracks and falling debris from the Fuente skywalk, as the contractor is removing roofings and railings. With the.....»»
DCWD offices closed on February 9, 2024
DCWD offices closed on February 9, 2024.....»»
Parañaque business permit office closed for holidays
Parañaque’s business permit and licensing office will be closed on Feb. 9 and 10 for the Lunar New Year and on Feb. 13 for the city’s 26th cityhood anniversary, Mayor Eric Olivarez announced yesterday......»»
Section of Devon Road in New Plymouth closed following serious crash
Emergency services are responding to a serious crash on Devon Road in New Plymouth.The crash was reported to Police at 7.10pm and involved several cars.Devon Road is closed between De Havilland Drive and Corbett Road, including access to Airport Drive/New Plymouth Airport.At this stage there is no information regarding injuries but an update will be provided as soon as that information is available.....»»
Tondo roads closed for Sto. Niño feast
Some roads in Tondo, Manila will be closed to motorists for the Feast of Sto. Niño on Jan. 21......»»
Road closed - Serious Crash Canal West Road, Waitakaruru, Waita
Canal West Road,Waitakaruru, Waita, is closed following a serious crash.The two vehicle collision was reported just after 4pm.Initial indications are that one person is in a serious condition.The Serious Crash Unit are attending.Motorists are advised to avoid the area and expect delays.ENDSSource: NZ Police(File photo)......»»
Livelihood aid distributed to closed season-affected fishers
Livelihood aid distributed to closed season-affected fishers.....»»
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......»»
PDIC studying increase in bank deposit protection limit
The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»
Fitch keeps credit rating of 5 Philippine banks
Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»
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......»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
Moody’s outlook: Philippine banks remain on stable footing
Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»