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PDIC settles P614 million in deposit insurance claims
State-run Philippine Deposit Insurance Corp. has settled P614 million in deposit insurance covering 15,796 accounts from padlock banks in 2023......»»
Man yields P1.5 million shabu in buy-bust
Man yields P1.5 million shabu in buy-bust.....»»
Woman yields P7 million shabu in Bohol drug bust; 2 nabbed in Cebu City
Woman yields P7 million shabu in Bohol drug bust; 2 nabbed in Cebu City.....»»
Most wanted person yields P1.4-M shabu
Most wanted person yields P1.4-M shabu.....»»
Iloilo drug bust yields P367,200, multiple arrests
Iloilo drug bust yields P367,200, multiple arrests.....»»
Drug suspect yields 1 kilo of shabu in Cebu City buy-bust
Drug suspect yields 1 kilo of shabu in Cebu City buy-bust.....»»
PDIC studying increase in bank deposit protection limit
The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»
Transactions in coin deposit machines near P400 million
More and more Filipinos are using the coin deposit machines deployed by the Bangko Sentral ng Pilipinas in major malls across the metropolis as part of its coin recirculation program......»»
T-bills, T-bonds rates up after inflation uptick
Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»
Cha-cha mabobokya kapag sinahugan ng term extension
Baka wala nang sumuporta sa Charter change kapag isinama ang diskusyon sa term extension ng mga opisyal ng gobyerno, babala ni Senate President Juan Miguel Zubiri. The post Cha-cha mabobokya kapag sinahugan ng term extension first appeared on Abante......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
Reissued T-bonds fetch higher rates
The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
DIA taxi crackdown yields 32 apprehensions
An official from the Land Transportation Franchising and Regulatory Board-Davao Region (LTFRB-Davao) reported approximately 32 apprehensions, including one case involving a taxi driver soliciting passengers inside Francisco Bangoy International Airport, also known as Davao International Airport (DIA)......»»
Maximizing Mushroom Cultivation: Harnessing the Power of Proper Lighting
Proper lighting helps maximize yields for mushroom cultivators. As one of the main environmental factors influencing mushroom growth, lighting impacts developmental cycles at each stage. Indoor growers can control lighting precisely. Outdoor cultivators, on the other hand, rely on natural conditions. Both cultivation methods have their perks and challenges. Tailoring mushroom lighting techniques during phases […] The post Maximizing Mushroom Cultivation: Harnessing the Power of Proper Lighting appeared first on Kagay An......»»
Oplan Harabas yields 3 drivers positive for drugs
FOLLOWING the surprise drug test conducted by the Land Transportation Office (LTO)-Davao and the Philippine Drug Enforcement Agency (PDEA) on public utility vehicles (PUVs) last March 26, 2024, two taxi drivers in Davao City were found to be positive for drugs......»»
Drag racer yields, apologizes
ONE of the motorists involved in the illegal drag race, in which the video went viral, surrendered and publicly apologized for his misdemeanor......»»
Germany trip yields $4 billion business deals
At least $4 billion or P220 billion worth of investment deals were secured by the Philippines during President Marcos’ three-day working visit here......»»
Couple yields P27.4M worth of ‘shabu’ in Tagbilaran City buy-bust
CEBU CITY, Philippines – Anti-drug operatives seized suspected shabu worth P27.4 million from a couple in Barangay Mansasa, Tagbilaran City, Bohol, around 11 p.m. on February 27, 2024. The suspects are Peter John Cuadra, 24, unemployed, and his partner Mary Ann Miano Baricar, 19, a student, both residents of Barangay Bool. The anti-illegal drug operation.....»»
Brgy 34-D fire yields P525K damages
THE Bureau of Fire Protection-Davao (BFP-Davao) disclosed in their initial assessment that the two-hour fire that razed around 20 houses in Barangay 34-D has yielded an estimated P525,000 worth of damage......»»