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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.....»»
Council to appeal March 1 as special non-working holiday in Davao City
The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»
Philippines struggles to lower rice price despite ample supply
MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»
Philippines struggles to lower rice price despite ample supply
MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»
Manila Water ramps up deep well output
Razon-led Manila Water Co. Inc. is planning to boost its deep well production to around 80 million liters per day (MLD) before the government implements the reduced water allocation for Metro Manila in the coming weeks......»»
Philippines logs 40 pertussis deaths this year
MANILA, March 28 (Xinhua) -- Forty children have died of whopping cough, a respiratory infection also called pertussis, since this year, the Philippines' Department of Health (DOH) has reported. The DOH said in a statement on Wednesday that cases have continued to increase since the start of this year, recording 568 cases from Jan. 1 to March 16. "The total number of cases for the same period in 2023 was.....»»
2 workers die after buried alive in well in Philippines
MANILA, May 1 (Xinhua) -- Two male workers have been killed after they were buried alive in a well they were digging in Quezon province, southeast of Philippine capital Manila, police said Wednesday. Police said that four workers were digging 13 feet deep inside the well when the soil collapsed at around 2:30 p.m. local time in Calauag town on Tuesday. Rescuers saved two of the workers hours after the acc.....»»
Kathryn Bernardo allegedly stopped from doing Hello Love Goodbye sequel; Daniel Padilla mum
Daniel Padilla allegedly prohibited Kathryn Bernardo in doing "Hello Love Goodbye" sequel with Alden Richards......»»
Daniel Padilla allegedly stopped Kathryn Bernardo from doing Hello Love Goodbye sequel — report
Daniel Padilla allegedly prohibited Kathryn Bernardo in doing "Hello Love Goodbye" sequel with Alden Richards......»»
Sheree retires from doing sexy roles, to stage 1st solo concert
Actress Sheree said she has retired from doing sexy roles in movies. .....»»
Villar: Biz groups just want ease of doing business
Instead of amending the 1987 Constitution, business groups want the government to focus on the effective implementation of the ease of doing business law and addressing the problem of corruption, Sen. Cynthia Villar said yesterday......»»
Senior citizen who enjoyed doing laundry after taking drugs nabbed
Senior citizen who enjoyed doing laundry after taking drugs nabbed.....»»
Man nabbed for doing lewd act in front of two minors
Man nabbed for doing lewd act in front of two minors.....»»
PSE stays hopeful on targets despite market slowdown
The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slowdown......»»
An isolation state of mind
It was April of 1998, a week before my birthday, when my wife Karen asked what my plans were for my birthday. I automatically replied “none really” since we had just moved to a tiny rental house. Karen replied by pointing out that it had been four years since my dad Louie Beltran died (1994) and I had not had a birthday party since......»»
98-year-old Manila Symphony Orchestra performs Coldplay, Rivermaya hits
One of Asia's oldest orchestras operating as a full orchestra since 1926, The Manila Symphony Orchestra showed why it has lasted almost a century since it was founded by Alexander Lippay. .....»»
EDITORIAL - Still, red tape
The country has a law against red tape, which was later enhanced by another law to promote ease of doing business. There is an Anti-Red Tape Authority. And yet something always gets lost in the implementation of even the most well-intentioned laws in this country......»»
Digital banks seen profitable in 5-7 years
Digital banks in the Philippines need five to seven years to become profitable, as only two out of six online lenders are doing well so far, according to the Bangko Sentral ng Pilipinas......»»
Celebrating 50 years of APCU
Last Monday, Feb. 26, 2024, the Association for Philippines-China Understanding celebrated its 50th anniversary at The Manila Hotel. As a new member of this organization, I was honored to meet more friends from the Filipino-Chinese community as well as the Chinese embassy in the Philippines, where it was very touching to be acknowledged for my Chinese roots, being part of the Lim family, as well as for the columns that I continue to write in The Philippine STAR, most especially when the original author of Roses and Thorns was my granduncle, Alejandro Roces......»»
From the Newsrooms: March 17 to 23, 2024
By: CMFR StaffPosted on: March 25, 2024, 8:00 amUpdated on: March 25, 2024, 1:00 am THIS WEEK, "From the Newsrooms" looks at the media coverage of two events. On March 20, a hearing in the House on the Philippine Coast Guard (PCG) revealed that Chinese nationals were included in the Philippine Coast Guard Auxiliary (PCGA). On March 21, Arnolfo Teves, the alleged mastermind of the Pamplona.....»»