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Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
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......»»
Choco Mucho joins PVL sister team Creamline as Allianz PNB Life ambassadors
Don’t be surprised if sister teams Creamline and Choco Mucho end up battling in a dream finals encore in the Premier Volleyball League, which ushers in its All-Filipino Conference on February 20 in Smart Araneta Coliseum......»»
Mandaue’s TF APAS clears drainages, manholes
MANDAUE CITY, Philippines – Mandaue City’s Task Force APAS (Atoang Problema, Atoang Sulbaron) is actively clearing the drainages and manholes in various barangays in preparation for the rainy season. On Friday, May 17, personnel from the City Engineering Office (CEO) conducted declogging and desilting operations along the drainage line in Barangay Looc. The manholes were.....»»
Kelvin Miranda clears Kira Balinger for being alleged third party in breakup with ex-GF
Kapuso actor Kelvin Miranda finally broke his silence regarding his breakup with Roselle Vytiaco. .....»»
Bea Alonzo clears Instagram of ex-fiance Dominic Roque
Actress Bea Alonzo cleared her Instagram account of photos with ex-fiance Dominic Roque, including their 2023 proposal posts and joint statement confirming the end of their engagement......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
World Water Day: SMC clears 5.5M MT of waste via river rehab
On World Water Day, San Miguel Corp. logged its highest water savings yet in five years, under its flagship water sustainability program, “Water for All.”.....»»
Government raises P330 million from asset disposals in 2023
The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»
CREIT income rises to P1.4 billion in 2023
Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»
New DCPO chief to focus on personnel morale, asset optimization
THE Davao City Police Office (DCPO) bid farewell to PCol. Alberto Lupaz and welcomed its new City Director, PCol. Richard Bad-ang, in a turn-over ceremony at the Camp Captain Domingo E. Leonor on March 22......»»
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.....»»
DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025
LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»
Oplan Disiplina: CCPO clears Brgy. Pit-os sidewalk of obstructions
CEBU CITY, Philippines – Cebu City police implemented “Oplan Disiplina” in Barangay Pit-os, Talamban, by clearing sidewalks of obstructions on Thursday morning, February 29, 2024. The activity was conducted at past 9:00 a.m. and was spearheaded by Police Colonel Ireneo B. Dalogdog, City Director of the Cebu City Police Office (CCPO). In an interview with.....»»
Cebu lampposts case: SC clears DPWH execs, contractor of graft
The Supreme Court acquitted three former officials of the Department of Public Works and Highways (DPWH) and a private contractor of graft charges in relation to the installation of allegedly overpriced lampposts during the 2007 Association of Southeast Asian Nations (Asean) summit held in Cebu. In a 22-page decision promulgated on Oct. 11, 2023, but made public only.....»»
Italy court clears man who tried to strangle sleeping wife
ROME—A court in Italy has acquitted a man who tried to strangle his wife while asleep, ruling that he was suffering from a sleep disorder, media reported on Thursday. His wife had to bite him to wake him and stop the attack, which happened in January 2021, the court in Brescia, in Italy’s northern Lombardy.....»»
Notes on the beat: Behind the scenes in the NAIA bidding
It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless......»»
Teacher career progression bill clears House panel hurdle
Public school teachers may soon have access to more advanced career opportunities and higher compensation after the House appropriations committee approved the unnumbered substitute bill for the proposed Teacher Career Progression Act on Tuesday. .....»»
Philippines mulls defense asset acquisition from Sweden
The Philippines, through the Department of National Defense , is exploring the possibility of acquiring defense assets from Sweden......»»