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Union Bank sets SRO entitlement ratio at 0.11:1

Union Bank set the price of its stock rights offering at P30.57/share, and set the entitlement ratio at 1 rights share for every 9.1382 UBP shares owned, or 0.11 new shares for every existing share......»»

Category: financeSource:  philstarRelated NewsMay 3rd, 2024

Banks’ bad loans ratio highest in 8 months

The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Limpag: Patrick Reichelt: A welcome presence for the Azkals

Limpag: Patrick Reichelt: A welcome presence for the Azkals.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

Marcos calls Chinese presence in Philippine Rise clear intrusion

Marcos called the presence of Chinese vessels in the Philippine Rise a “great concern” and “unnecessary.”.....»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Philippines conducts marine patrols to check presence of Chinese research ships

MANILA (Reuters) – The Philippines on Monday deployed a coastguard vessel to carry out a two-week patrol mission in waters north and east of the country to intensify its maritime presence and check on Chinese research vessels that were spotted in Benham Rise. Benham Rise, which sits off the Philippines’ east coast, is a vast.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Presence of Chinese warships in WPS worrisome – Marcos

The presence of Chinese navy vessels in the West Philippine Sea is “worrisome,” but the Philippines will not be deterred in defending its maritime territory and protecting its fishermen, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

How does spending time in God’s presence make you stronger?

How does spending time in God’s presence make you stronger? In what ways will you “lean into Him” today?.....»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Marcos orders PCG, BFAR to maintain presence in Bajo de Masinloc

Marcos orders PCG, BFAR to maintain presence in Bajo de Masinloc.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

Philippines will increase military presence in islands facing Taiwan

MANILA, The Philippines: The Philippines is set to bolster its military presence on islands adjacent to Taiwan, aiming to enhance its territorial defense capabilities, as announced by Defense Secretary Gilberto Teodoro. During his visit to naval facilities on the remote Batanes islands, less than 125 miles from Taiwan, Teodoro instructed the military to increase troop deployments and called for the development o.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 10th, 2024

Chinese presence at NGCP

The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Janno Gibbs explains Japan trip days after dad Ronaldo Valdez died

Janno Gibbs explained that he and his family are still in the consoling stage, and that was the reason they felt the need to be with each other to spend the holidays in Japan. .....»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

West Philippine Sea: Guard PH shoal, fishers with frequent patrols

The Philippines will take “decisive action” in securing one of its traditional fishing grounds amid growing Chinese aggression in the West Philippine Sea by establishing a constant presence at Panatag (Scarborough) Shoal through rotational patrols of that area by government ships starting this month. National Security Adviser Eduardo Año on Friday said vessels from the Philippine Coast.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Cleanfuel opens new Batangas station

Cleanfuel has expanded its presence in South Luzon with the opening of a new retail station targeted to address the fuel requirements of the growing commercial business of Batangas City......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

BPI profit hits record high P51.7 billion in 2023

“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

95 areas in Davao Region still grapple with flooding

Ninety-five areas in the Davao Region continue to grapple with flooding, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). Davao del Norte has the highest number of flooded areas, with 64 barangays affected, followed by Davao Oriental with 22, and Davao de Oro with nine. The region has also experienced over 50 landslides, with Davao de Oro leading with 44 incidents and eight in Davao Oriental. Tragically, a significant landslide in Monkayo, Davao de Oro resulted in nine confirmed deaths, one critical injury, and four individuals still under search and rescue operations. Davao City also recorded casualties due to heavy rains. The adverse weather conditions have affected thousands of individuals and displaced over 4,000 families in evacuation centers. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has provided assistance to the affected families. The heavy rainfall is attributed to a weather system known as a shear line, causing widespread impact in the Visayas and Mindanao areas......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Ninja Van eyes expansion in hard-to-reach areas

Express courier Ninja Van Philippines plans to widen its presence outside Metro Manila, as it wants to capture the growing demand for e-commerce deliveries as far as Mindanao......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

PM s Prizes for Space to showcase sector s talent

The Government is recognising the innovative and rising talent in New Zealand's growing space sector, with the Prime Minister and Space Minister Judith Collins announcing the new Prime Minister's Prizes for Space today."New Zealand has a growing reputation as a high-value partner for space missions and research. I am excited to announce these prizes which will help foster talent, which plays an important role in.....»»

Category: newsSource:  philippinetimesRelated NewsMar 26th, 2024

Mathematics tour recap: Ed Sheeran sends ‘shivers’ rippling through Manila

In his two-and-a-half hour concert brought by Ovation Productions, Sheeran thrilled the audience with chart-topping tunes from his math-themed albums "+", "×", "÷", "-", and "=", including collab tracks, spanning genres including rock, hip-hop, pop and ballads......»»

Category: entertainmentSource:  philstarRelated NewsMar 14th, 2024

Volodymyr Zelenskyy Set to Replace Ukraines Top General – The Daily Guardia

The Daily Guardian Access Quality Journalism with FT’s Trial Offer In a bid to make its journalism accessible to a wider audience, the Financial Times.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 31st, 2024