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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.".....»»
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......»»
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 […].....»»
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.....»»
Jerusalem ends PHL’s world title drought in boxing, wins WBC minimumweight belt in Japan
CEBU CITY, Philippines — Finally, the Philippines ended its world title drought in boxing after Melvin “Gringo” Jerusalem dethroned Yudai Shigeoka via split decision to win the World Boxing Council (WBC) world minimumweight title on Sunday, March 31, in Nagoya, Japan. Jerusalem flexed his winning might against the heavily favored Japanese world champion after knocking.....»»
Budget-Friendly Date Night Ideas to Enjoy
Dates can be a bit expensive, but they’re also important for keeping a strong and healthy relationship. Be it with a significant other or with your family — dates can give you opportunities to create meaningful connections and fun memories. However, dates don’t have to break the bank, dates can be fun and inexpensive, you […].....»»
Bank lending picks up pace in January
Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
World champion Collazo calls out Jerusalem for a unification bout
CEBU CITY, Philippines — The reigning World Boxing Organization (WBO) world minimumweight champion Oscar “El Pupilo” Collazo didn’t give the newly-crowned World Boxing Council (WBC) world minimumweight Melvin “Gringo” Jerusalem enough time to celebrate. Collazo immediately called out Jerusalem for a unification bout and a rematch following the latter’s split decision victory to dethrone erstwhile.....»»
Jerusalem, Amparo make weight for Japan world title bouts
CEBU CITY, Philippines — Former world champion Melvin “Gringo” Jerusalem and world-rated Jake “El Bambino” Amparo will attempt to dethrone the vaunted Shigeoka brothers in their separate world title bouts on Sunday, March 31, in Nagoya, Japan. Jerusalem eyes a repeat of his 2023 shocking world title victory against Masataka Taniguchi by taking on Yudai.....»»
Andales cancels IBF world title fight in Japan
CEBU CITY, Philippines — Filipino ArAr Andales reportedly withdrew from his world title bout on March 31 in Nagoya, Japan. Andales was scheduled to fight the reigning International Boxing Federation (IBF) world minimumweight champion, Ginjiro Shigeoka of Japan. Their world title duel was supposedly a double-header world title bout with fellow Filipino Melvin Jerusalem gunning.....»»
Ancajas, Inoue make weight for WBA world title duel in Tokyo
CEBU CITY, Philippines—- Former world champion Jerwin Ancajas had to strip off his undergarments during Friday’s weigh-in to get the contracted weight for his world title duel against Japanese Takuma Inoue. Ancajas and Inoue will fight for the World Boxing Association (WBA) world bantamweight crown on Saturday, Feb. 24 at the Kokugikan Arena in Tokyo,.....»»
Ancajas arrives in Japan for February 24 world title bout vs. Inoue
CEBU CITY, Philippines — With less than a week before his much-anticipated world title fight, Jerwin “Pretty Boy” Ancajas arrived in Japan on Sunday, February 18. Ancajas guns to become a two-division world champion by taking on the reigning World Boxing Association (WBA) world bantamweight champion Takuma Inoue, the younger brother of Japanese boxing superstar Naoya.....»»
Andales challenges Shigeoka for IBF world minimumweight title
CEBU CITY, Philippines— One-time world title challenger ArAr “Asero” Andales has earned another world title shot, this time against the reigning International Boxing Federation (IBF) world minimumweight champion Ginjiro Shigeoka of Japan. Andales and Shigeoka’s world title bout is scheduled for March 31 at the International Conference Hall in Nagoya, Japan. Shigeoka will be one.....»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
India, Philippines have seen very perceptible growth in recent times: Jaishankar
Manila [Philippines], March 26 (ANI): Hailing ties between India and the Philippines, External Affairs Minister S Jaishankar, who is on a visit to the Philippines on Tuesday, said that ties between Delhi and Manila have witnessed a very perceptible growth in recent times. Addressing a joint press briefing with Philippine Secretary of Foreign Affairs Enrique Manalo, Jaishankar said, "As you all know, India's ties with the.....»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»