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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.....»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
Alfred na-shock sa biglang pagkamatay ni Jaclyn: Tumindig ang balahibo ko!
NA-SHOCK din ang actor-public servant na si Alfred Vargas nang mabalitaang pumanaw na ang premyadong aktres na si Jaclyn Jose. Hindi niya akalain na ang shooting nila para sa pelikula nilang “Pieta” kasama ang Superstar na si Nora Aunor at ang actress-director na si Gina Alajar, ang huling pagkakataon na makakasama at makikita niya ang.....»»
North Korea’s rejection of the South is both a shock, and inevitable
North Korea’s rejection of the South is both a shock, and inevitable.....»»
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......»»
‘Philippine banks to ride wave of robust economic growth’
The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»
Filipinas bow to Slovenia, fall short of podium in Pinatar Cup
The Philippine women’s national football team conceded an early goal to Slovenia, 0-1, to finish out of the podium in the 2024 Pinatar Cup in Spain......»»
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......»»
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......»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
Saso falters at the finish, settles for 70
Yuka Saso surged forward on moving day but encountered setbacks down the stretch, carding a 70 Saturday (Sunday Manila time) to all but bow out of contention in the Chevron Championship heading to a wild finish at the Woodlands in Texas......»»
Locals bow out in Smart AVC Beach Tour
Jen Eslapor and Kly Orillaneda gave Australia’s Tara Phillips and Elizabeth Alchin a scare before bowing, 16-21, 15-21, yesterday in the round of 16 of the Smart Asian Volleyball Confederation Beach Tour Nuvali Open......»»
AsPac govts spending heavily on digital security
As state agencies fall victim to cyber attacks, the public sector in Asia Pacific, including in the Philippines, is investing at least $7 billion this year for the upgrade of digital defenses......»»
Pinoy booters bow to Iraqis
New-look Philippines put up its best effort against powerhouse home team Iraq but ended up empty-handed in a 0-1 defeat in the FIFA World Cup Qualifiers Thursday night in front of a 63,750-strong crowd at the Basra International Stadium......»»
Swedens Entry into NATO: New Strategies for Striking Russias Key Locations
In a significant development, Sweden has officially become a member of the NATO alliance, bolstering NATO’s defenses against Russia. This move is expected to strengthen.....»»