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Smaller crowd joins CDO’s Black Nazarene procession
CAGAYAN DE ORO CITY (MindaNews / 9 January) – Thousands of devotees braved the cold weather Tuesday dawn to join the “traslacion” or procession of the Black Nazarene, with the crowd conspicuously smaller compared to the past years as the city government did not declare today, January 9, a holiday, an official said. Although fewer […].....»»
When have you felt incapable or ill-equipped for a task or role you felt God calling you to fill?
When have you felt incapable or ill-equipped for a task or role you felt God calling you to fill? How did God help you?.....»»
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......»»
Philippines urged to tighten emission standards to protect public health
The government should tighten “outdated” emission standards for sources of air pollution, including coal-fired power plants, to safeguard public health and the environment, a group said on Tuesday......»»
ACEN secures certification for WESM trading standards
ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System – the first among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»
Public servants’ code of conduct, ethical standards
The Center for Global Best Practices will hold a special online training titled Code of Conduct and Ethical Standards for Public Officials and Employees to be held on Feb. 23 from 1:30 to 4:45 p.m. via Zoom......»»
Philippines gross int l reserves level settles at 103.4 bln USD in April
MANILA, May 7 (Xinhua) -- The Philippines' gross international reserves (GIR) decreased to 103.4 billion U.S. dollars at the end of April from 104.1 billion dollars at the end of March, the Philippine central bank said Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments.....»»
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......»»
Philippines debt declines to P14.9 trillion in March
The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»
BDO: No plan to buy stake in NAIA rehab
The country’s largest bank is confirmed to be one of the lenders that will fund the P170.6-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), but rejected any and all offers to be an investor in the project......»»
Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
President creates new office vs cybersecurity threats
As the country faces “evolving threats,” President Marcos has reorganized the National Intelligence Coordinating Agency to make it more equipped and capable of dealing with new dangers to national security, including cyber-security threats and weapons of mass destruction......»»
Marcos signs ‘Eddie Garcia’ law to protect movie, TV workers
President Ferdinand Marcos Jr. has signed into law a measure aimed at safeguarding the rights and welfare of entertainment industry workers by compelling their employers to meet the minimum labor rights standards in the country......»»
Xinhua world economic news summary at 1100 GMT, April 19
CAIRO -- The Egyptian cabinet approved on Thursday the establishment of a special free zone to manufacture, maintain, and export marine yachts to meet standards on par with those of Europe and other international counterparts, according to a government statement. The special free zone, named the Suez Canal Company for Modern Boats, will span 51,150 square meters south of Safaga town along the Red Sea coast, more.....»»
Marcos says no Filipino will go hungry under Bagong Pilipinas
President Ferdinand Marcos Jr. promised on Saturday that no Filipinos would experience hunger under a "New Philippines" — with the prospect of a revitalized agriculture sector equipped with modern knowledge and sufficient support from the government......»»
Filipino lawyer advocates for economic inclusivity, capital access
“Mergers and acquisitions are more than just business transactions,” Roxanne Mercado, a Filipino lawyer in the United States, begins. “It provides opportunities to democratize access to capital, allowing smaller businesses to innovate and compete on a larger scale.”.....»»
DOH: Philippines keeps low COVID-19 risk despite rise in cases
While an uptick was observed, it was smaller than previous increases, and travel restrictions are not warranted, the DOH said. .....»»
Citi sees shallow rate cuts in 2024, 2025
Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas in the next two years due to a more cautious stance on inflation risks......»»
Unity needed more than ever
Interesting facts about Lithuania, one of the three Baltic states in Europe, with a population of only around 2.8 million, even smaller than Quezon City’s over 3 million people......»»
Trade deficit narrows in January
The Philippines posted a smaller trade deficit of $4.22 billion in January as exports picked up, preliminary data from the Philippine Statistics Authority showed......»»