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ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
Riding the crossroads: The battle of Manila’s jeepney drivers against modernization
“Most members in my group are seniors,” he said, “My father is 72 years old, yet he drives every day because he doesn't want to rely on his children. He needs money for medication, electricity and water to survive. Where will they find a livelihood? I’m sure no company would want to hire them anymore, right?” The post Riding the crossroads: The battle of Manila’s jeepney drivers against modernization appeared first on Bulatlat......»»
Pacman, Holy Child battle for U16 Pool A lead in PSL Davao Leg qualifying
Pacman, Holy Child battle for U16 Pool A lead in PSL Davao Leg qualifying.....»»
Security Bank, Helios team up for solar energy in households
Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»
Indian firms to offer solutions for finance, agri, health at tech summit
Over 57 Indian tech companies will present their digital products and solutions in areas like fintech, agritech, and healthtech at the first ever India-Philippines Tech Summit on March 5 in Taguig City. .....»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
Xinhua world economic news summary at 0900 GMT, Feb. 6
SINGAPORE -- Singapore's fintech sector amassed total funding of 2.2 billion U.S. dollars in 2023, a 68 percent decline compared to 2022, according to a report issued by accountancy giant KPMG Tuesday. Deal activity also saw a sharp drop, halving to 189 in 2023 from the previous year, the report said. (Singapore-Economy-Investment) - - - - SYDNEY -- The Reserve Bank of Australia (RBA) on Tuesday ke.....»»
Skyro reports strong 2023 performance
Skyro, a fast-growing fintech provider in the Philippines, continues its commitment to transform the local financial landscape by delivering accessible and affordable digital financial solutions to Filipinos......»»
GCash, CICC eye speedy response to fraud-related crimes
DICT Secretary Ivan Uy said that the partnership with the fintech company aimed to establish a “rapid incident response” on fraud-related crimes committed through GCash......»»
Pomelo bags spot for ‘promising fintech companies’
This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility......»»
Pomelo bags spot for ‘promising fintech companies’
This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility......»»
P146 billion airport contracts set for signing this year
The Department of Transportation will sign this year more than P146 billion worth of contracts for the privatization of four airports, freeing up fiscal space for the government and building up the public-private partnership landscape......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 1
TOKYO -- Japan's lunar probe has re-entered a dormant state and suspended activities as it reached sunset, rendering solar power generation unavailable, the country's space agency said on Thursday. The planned activities for the Smart Lander for Investigating Moon (SLIM), which made Japan the world's fifth lunar landing country, concluded on Wednesday, the Japan Aerospace Exploration Agency (JAXA) said. (Japan-M.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 1
TOKYO -- Japan's lunar probe has re-entered a dormant state and suspended activities as it reached sunset, rendering solar power generation unavailable, the country's space agency said on Thursday. The planned activities for the Smart Lander for Investigating Moon (SLIM), which made Japan the world's fifth lunar landing country, concluded on Wednesday, the Japan Aerospace Exploration Agency (JAXA) said. (Japan-M.....»»
Jollibee buys 10% stake in Botrista for $28-M
Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»
Regus to Open a Flexible Working Space at Doña Elena Tower in Sta. Mesa, Manila
Regus, a globally renowned brand for flexible workspaces, is set to open its first facility at Doña Elena Tower, a bustling 11-storey building in Sta. Mesa, Manila. Regus at Doña Elena Tower will offer a range of flexible spaces, including private office spaces, coworking areas, virtual offices, and well-equipped meeting rooms, all designed for comfort […].....»»
Japan becomes the fifth country to land a spacecraft on the moon
TOKYO — Japan became the fifth country in history to reach the moon when one of its spacecrafts without astronauts successfully made a soft landing on the lunar surface early Saturday. However, space officials said they needed more time to analyze whether the Smart Lander for Investigating Moon, or SLIM, achieved its mission priority of.....»»
Red Bull Half Court Returns with 3-on-3 Streetball, Seeking Top Talent for Thrilling New York City World Finals!
Red Bull Half Court returns for another year, calling out to the best ballers for the ultimate 3-on-3 streetball showdown. This time the competition is set to be even more intense, as players from Luzon to Mindanao battle it out in the regional qualifiers in Manila, Cebu, and Davao to determine who will secure a […].....»»
GCash now a crypto outlet for Axie Infinity
E-wallet leader GCash, in its pursuit to expand in the digital space, has found its way to Axie Infinity, the most popular play-to-earn game at the height of the pandemic......»»
Media, spectators assured of good view for Araw ng Dabaw activities
DAVAO CITY (MindaNews / 12 February)—The Public Safety and Security Office (PSSO) assures spectators, especially the members of the media, to have an amiable and good space to cover the Araw ng Dabaw activities. Davao City will celebrate its 87th charter day on March 16, but by virtue of Republic Act No. 11379, enacted in […].....»»