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PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

UnionDigital Bank revenue grows to over P5 billion

UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Carcar rape: Bank employee claims 17-year-old girl flirted with him

CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

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.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

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 […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

3 dead, 1 injured after multi-vehicle crash in Philippines

MANILA, May 7 (Xinhua) -- Three people have been killed and one severely injured following a multi-vehicle crash in Nueva Ecija province, north of Manila, police said Tuesday. Police said the accident happened on Monday after an Asian utility vehicle hit the rear of the tricycle carrying the three victims, causing it to lose control and collide with an oncoming tanker truck along a highway in Cabanatuan City in.....»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

Unleash Your Workday Wonder: 3 Magical Ways to Spark Joy

In the hustle and bustle of our professional lives, it’s easy to lose sight of the magic surrounding us. But fear not, for I’ve unearthed three enchanting secrets to infuse your workday with boundless positivity and wonder. Firstly, let’s talk about the thrill of embracing challenges. Picture standing at the edge of possibility, with the […].....»»

Category: newsSource:  metrocebuRelated NewsMar 29th, 2024

In a doughnut in Japan, unlocking the power of the Sun

With its tangle of pipes and pumps leading to a metal pot the size of a five-storey building, Japan’s JT-60SA machine looks to the untrained eye like a contraption from 1970s sci-fi. But inside it is a doughnut-shaped vessel where experiments done at millions of degrees could help unlock a carbon-free, inexhaustible and safe power.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

Completely insane

Did Filipinos really find the “song” cute or were they just so happy that an international singer-songwriter poked fun at the “Completely Insane” traffic in Metro Manila? My guess is both, but probably more so Coldplay’s Chris Martin putting into song a daily reality that millions of Filipinos have to go through with no end in sight......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

World Bank expects faster growth for Philippines this year

Economic growth in the Philippines is projected to be faster this year than in 2023, but the pace will be lower than the government’s target, the World Bank said in a report......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Lawyer claims Isko Ouano was a victim of ‘mistaken identity’

LAPU-LAPU CITY, Cebu — The legal counsel of Francisco “Isko” Ouano believed that his client was a victim of mistaken identity. Lawyer Nelson Macabocsit said he was prepared to prove that Ouano was innocent of the robbery and extortion charges against him. Ouano, 48, along with two other accused – Joselito Agtuca, 46, and German.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

Woman dead, father wounded in Maguindanao del Sur robbery

Robbers shot dead a helpless 28-year-old woman and wounded her father in a highway heist in Barangay Libutan in Mamasapano town, Maguindanao del Sur on Wednesday......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

‘Downgrade Abu kidnap threat in Sulu-Celebes seas’

A Singapore-based anti-piracy and high sea robbery monitoring group has recommended the downgrading of the threat of kidnapping by Abu Sayyaf bandits in the waters at the border of Malaysia and the Philippines......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

‘Radicalized’ 16-year-old shot dead by Australian police

SYDNEY — Western Australian police shot and killed a “radicalized” 16-year-old boy with a knife who had wounded a member of the public in Perth, police and the state premier said Sunday. The teenager “rushed” at police after wounding someone and was fatally shot by an officer, Premier Roger Cook told a news conference. “There.....»»

Category: newsSource:  inquirerRelated NewsMay 5th, 2024

Iloilo police killed in line of duty; suspect neutralized in police operation

Iloilo police killed in line of duty; suspect neutralized in police operation.....»»

Category: newsSource:  sunstarRelated NewsApr 10th, 2024

Holy Week drugs: CV police seize P39.3M in illegal drugs

CEBU CITY, Philippines – Holy Week drugs worth P39,370,368 were seized by Central Visayas police who also apprehended 1,296 suspects during this period. According to data from the Police Regional Office in Central Visayas (PRO-7), this accomplishment was the result of unrelenting police operations conducted from March 24-31, 2024. PRO-7 earlier relayed that this year’s.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024