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Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
Cajes, Bueno capture SUGBU doubles event title on May 12
CEBU CITY, Philippines — The deadly duo of Luis Cajes and Manny Bueno captured the Sugbuanon Bowlers United (SUGBU) Doubles Event title last Sunday, May 12, at the SM Seaside City Cebu Bowling Center. Cajes and Bueno finished the four-game series with a total of 1,664 pinfalls. They scored 496 pinfalls in the opening game.....»»
DoubleDragon equity may exceed P100 billion this year
DoubleDragon Corp., the property developer chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, expects to hit a new milestone this year as it looks to surpass P100 billion in total equity for the first time......»»
CVIRAA 2024: Cebu City Niños surpasses 2023 gold medal haul to remain overall champs
CEBU CITY, Philippines —The Cebu City Niños delivered a dominant performance throughout the week-long Central Visayas Regional Athletic Association (CVIRAA), surpassing their 2023 gold medal tally as the event concluded on Thursday, May 9. The Niños amassed a total of 118 gold medals, exceeding the 110 gold medals they earned in the CVIRAA 2023 held.....»»
Strong frontside finish puts Go in the mix
Lloyd Go put up an impressive frontside performance, racking up four birdies worth 8 points as he tallied a 9-point total to grab a share of 19th in the first round of the For the Players By the Players 2024......»»
‘Mayo Uno 6’ protesters released from detention
Each activist was handed bail with an amount of P6000 for illegal assembly and P36,000 for a direct assault for a total of P42,000......»»
Lapu-Lapu City centenarian gets P200,000 cash gift
LAPU-LAPU CITY, Cebu — A centenarian in Sitio Tangke, Barangay Basak, Lapu-Lapu City, received a total of P200,000 as a cash gift from the Lapu-Lapu City Government and the Department of Social Welfare and Development (DSWD) on Tuesday, May 7, 2024. In a Facebook post, Lapu-Lapu City Mayor Junard Chan visited Benito Herbas Jervas, who.....»»
JV lauds retirement pay for IBC employees
Senate Deputy Majority Leader Joseph Victor Ejercito yesterday expressed elation over the long-overdue release of retirement pay for a total of 145 former employees of the government-run television network Intercontinental Broadcasting Corp. or IBC-13......»»
16 areas could hit danger level heat index
A total of 16 areas in the Philippines are forecast to fall under the "danger" heat index classification on Sunday, PAGASA said......»»
878 take Shari’ah Bar exams; highest since 1983
A total of 878 aspirants have taken the 2024 Shari’ah Bar examinations, the highest number of examinees since 1983......»»
3 Tips to Make Long Drives More Enjoyable
Long drives can either be incredibly enjoyable or a total bummer. But it doesn’t have to go either way because I have three tips to turn car trips into enjoyable adventures. Before you rev up that engine, make sure your wheels are up for the challenge. Give your ride some TLC by checking those tires, […].....»»
Gov’t debt slightly drops to P14.93T
The national government’s total debt dropped to P14.93 trillion as of the end of March, down 1.67 percent from the previous month’s P15.12 trillion. This was because more money was repaid for domestic government loans than was borrowed. The Bureau of Treasury reported that 31.14 percent of the debt is from outside the country, while.....»»
19 drug dens in CV shut down in a span of 4 months – PDEA-7
CEBU CITY, Philippines – A total of 19 drug dens from all over Central Visayas were successfully shut down by authorities in a span of 4 months. Leia Alcantara, spokesperson of the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7), shared that this is the result of their anti-drug operations from January 1 to May.....»»
NEDA pushes phaseout of single-use plastic
The National Economic and Development Authority is pushing for the phaseout of single-use plastics and investments to improve waste management with the country’s total daily waste projected to rise to 194,138 metric tons by 2055......»»
131 cities, towns now under state of calamity
A total of 131 cities and towns have been placed under state of calamity because of the effects of El Niño, which is expected to persist until the end of May, the government said yesterday......»»
SMC removes 6 million MT waste in river cleanup drive
San Miguel Corp. has achieved a new milestone in its river cleanup advocacy, having removed a total of six million metric tons of silt and solid waste from various river systems in and around Metro Manila......»»
103 areas under state of calamity due to heat
A total of 103 cities and towns have been placed under a state of calamity because of El Niño, while the number of persons affected by the weather phenomenon has reached 2.1 million, according to Task Force El Niño spokesman and Presidential Communications Assistant Secretary Joey Villarama......»»
SACLEO in CV: P11.5M drugs seized in 3 days
CEBU CITY, Philippines — In a span of three days, P11.5 million worth of illegal drugs were seized and a total of 176 drug personalities were sent to jail by authorities in Central Visayas. This was the result of a regionwide Simultaneous Anti-Criminality Law Enforcement Operation (SACLEO) against all forms of criminalities from Friday to.....»»
Top Japanese contractor Taisei Corp. invests in PetroGreen Unit
Founded in 1873, Taisei Corp. is among Japan’s top 5 general contractors building ports and harbors, bridges and tunnels, power stations, industrial complexes and commercial buildings in over 65 countries. In fiscal year 2022, Taisei Group recorded total net sales of $12.3 billion. .....»»
Energy policy failure
The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»