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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.....»»
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......»»
Digital banks seen profitable in 5-7 years
Digital banks in the Philippines need five to seven years to become profitable, as only two out of six online lenders are doing well so far, according to the Bangko Sentral ng Pilipinas......»»
UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
Philippines, German central banks partner on capacity-building
The central banks of the Philippines and Germany have formalized their partnership on capacity-building through the signing of a memorandum of understanding......»»
Banks’ bad loans swell in 2023
The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»