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ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
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.....»»
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.....»»
ADB OKs $400,000 assistance to Philippines for offshore wind projects
The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
SSS loan scam tatalupan ng Kamara
Gigisahin ng Kamara de Representantes ang mga opisyal ng Social Security System (SSS) dahil sa loan scam kung saan maraming miyembro ang pinagbabayad ng loan kahit hindi sila nag-file. The post SSS loan scam tatalupan ng Kamara first appeared on Abante......»»
Himamaylan to hire 650 youth in temporary employment program
Himamaylan to hire 650 youth in temporary employment program.....»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
Youth groups in Southern Tagalog oppose reso urging military-led ‘national security awareness’ bid in schools
By JACINTO LINGATONG Bulatlat.com SANTA CRUZ, Laguna — Youth groups in Southern Tagalog have strongly opposed the proposed resolution of the 202nd Infantry Brigade, Philippine Army and CALABARZON Regional Task Force to End Local Communist Armed Conflict (RTF ELCAC) urging the Department of Education (DepEd) Region IV-A, Commission on Higher Education (CHED) Region IV-A, Technical… The post Youth groups in Southern Tagalog oppose reso urging military-led ‘national security awareness’ bid in schools appeared first on Bulatlat......»»
Paknaan’s ‘silhig’ gets needed boost
Paknaan’s ‘silhig’ gets needed boost.....»»
KKR investing $400 million for telco towers in Philippines
US-based global investment firm KKR is investing $400 million for the development of telco towers in the Philippines, according to the US Department of Commerce......»»
865 soldiers, 400 cadets help secure Sinulog
Up to 865 soldiers and 400 cadets of the Reserve Officers Training Corps will be deployed in Cebu City to help secure the month-long Sinulog Festival, the Armed Forces of the Philippines said yesterday......»»
New Mandaue city hall gets P3 billion financing
State-run Development Bank of the Philippines has extended a P3-billion loan financing to the local government of Mandaue in Cebu for the construction of a center that would boost delivery of services......»»
Bill ensuring employability of seniors gets House nod
Efforts to ensure employment for senior citizens gained a boost after the House committee on ways and means yesterday approved a bill providing for it......»»
DSWD trains 400 cash-for-work beneficiaries in San Carlos
DSWD trains 400 cash-for-work beneficiaries in San Carlos.....»»
Fire destroys Isabela’s 400-year-old church
The St. Ferdinand parish church in this city, a 400-year-old cathedral, was destroyed in a fire on Monday......»»
Only 400 Chinese students in Cagayan – BI
There are only 400 Chinese students in Cagayan province, contrary to reports that 4,600 had enrolled in a local private school, possibly to serve as spies for the Chinese military......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»