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Ayala Corp. is interested in selling LRT-1 stake to Villar Group

Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp.  to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Ayala Corp. impacted by Mitsubishi’s discount stake sale

Ayala Corp shares were down as much as 5.7% yesterday on news that Mitsubishi Corp. has started a process to sell 8.6 million AC common shares at a 7% to 9% discount to Wednesday’s P696/share close......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

EastWest Bank profit hits P6.1 billion

Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

RCBC income hits all-time high in 2023

Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Asialink loan releases jump 38% to P12.6 billion

Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

RCBC auto, housing loans hit P121 billion

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Axelum to expand global reach

With the entry of Manuel V. Pangilinan-led Metro Pacific Investments Corp. as a strategic investor, Axelum Resources Corp. is now looking to embark on a strategic program that includes expanding its global reach and product portfolio to anchor long-term growth......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Security Bank, Epson partner for financing

Security Bank Corp. has partnered with Epson Philippines Corp. for a special financing program for Epson’s distributors and dealers to help them fulfill big-ticket orders which usually tighten liquidity......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

CARD RBI offers solar loans to combat rising power costs

For the bank, this solar loan program further defines their commitment to creating a brighter, sustainable future for everyone......»»

Category: sportsSource:  abscbnRelated NewsMar 12th, 2024

4Ps recipients warned vs loan sharks, pawning cash cards

The Department of Social Welfare and Development yesterday reiterated its warning to Pantawid Pamilyang Pilipino Program’s beneficiaries against pawning their cash cards, an official said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

Argentina permitted to tap IMF bailout

The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

IPO-bound OceanaGold to explore another Didipio

Australian-Canadian firm OceanaGold Corp. is spending $2 million this year to kick start its exploration program and find “another” Didipio mine as part of its expansion program......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Gov’t food stamp program in full blast by July – DSWD

MANILA, Philippines — The Department of Social Welfare and Development (DSWD) will begin by July the full implementation of its food stamp program for 300,000 beneficiaries after a six-month pilot program that started in December. Social Welfare Undersecretary Eduardo Punay said during a forum in Quezon City on Saturday that the agency has begun preparations.....»»

Category: newsSource:  inquirerRelated NewsMay 12th, 2024

PBBM ilalarga food stamp program sa Hulyo

Sisimulan na sa Hulyo ang full implementation ng food stamp program ni Pangulong Bongbong Marcos sa mga pamilyang kapos sa pagkain. The post PBBM ilalarga food stamp program sa Hulyo first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 11th, 2024

P3.7B swak sa scholarship program ng CHED

Inilabas ng Department of Budget and Management (DBM) ang P3.7 bilyon para sa scholarship program ng Commission on Higher Education (CHED). The post P3.7B swak sa scholarship program ng CHED first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 2nd, 2024

FACT CHECK: K-12 is not being replaced with K-10 program

Pinas News Insider claimed in a video in 2023 that the Marcos administration has discontinued the K-12 program and replaced it with its K-10 program......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Ruiz hires veteran basketball coach for “Sports for All” program 

CEBU CITY, Philippines — Notable basketball coach and skills trainer Giovanni “Jojo” Romarate Teves has officially joined the “Sports for All” program of former Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) director Yogi Filemon Ruiz.  He is one of the Cebuano sports personalities that Ruiz tapped to handle his soon-to-launch “Sports for All” program.....»»

Category: newsSource:  inquirerRelated NewsMar 31st, 2024

Torion to spearhead Yogi’s ‘Sports for All’ basketball program 

CEBU CITY, Philippines — Former PBA star Jimwell Torion will oversee the basketball program of the soon-to-be-launched “Sports for All” advocacy of former Customs Commissioner Yogi Filemon Ruiz. Ruiz has officially announced that he will be launching a comprehensive and city-wide sports program in March as part of his “Sports for All” advocacy. This was.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 2024

DSWD may ‘Program SOLo’ para sa single parents: We’re here to support you!

HINDI na magiging “feeling lonely” ang mga mahal nating single parents! May bagong programa kasi ang Department of Social Welfare and Development (DSWD) na tiyak na dadamayan at susuportahan ang mga single parent sa pag-aalaga ng kanilang mga anak. Ito ang tinatawag nilang “Strengthening Opportunities for Lone Parents” program o Program SOLo. Ayon sa DSWD,.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 2024

Hayco reiterates importance of PSC-PRISAA grassroots program partnership

CEBU CITY, Philippines— The Philippine Sports Commission (PSC), through Commissioner Edward Hayco, rolled out its nationwide grassroots program initiative earlier this year. Last month, PSC and the Private Schools Athletic Association (PRISAA) officially sealed their partnership through a “Memorandum of Agreement” (MOA) to initiate the grassroots program. Hayco, in an interview, wanted to reiterate the.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024