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DBP seeks capital buildup of up to P300 billion
State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»
DoF considering IPOs for LandBank, DBP
The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»
Landbank-DBP merger not pushing through – Recto
The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»
DBP lends P116 million for swine farm expansion
State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»
DBP lends P2 billion for Palawan infrastructure projects
State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»
Ivy Lacsina reflects on first conference with NXLED
Ivy Lacsina is fitting right in with new team NXLED Chameleons as she is set to finish her first conference with the Akari-backed team with some respectable performances under her belt......»»
Quezon City bet withdraws from Miss Universe Philippines 2024
Quezon City's Lorraine Ojimba, the representative of the city in the upcoming Miss Universe Philippines, backed out from the competition due to health reasons. .....»»
How BYD Transformed from Battery Maker to Electric Vehicle Leader, Surpassing Tesla
Chinese automaker BYD, backed by Warren Buffett, has overtaken Tesla to become the world’s top electric vehicle (EV) maker in the fourth quarter of 2023,.....»»
US-Led Coalition Shoots Down 15 Yemen Rebel Drones, CENTCOM Says
Dubai, UAE - U.S. and allied forces shot down 15 one-way attack drones fired by Iran-backed Yemeni rebels into the Red Sea and Gulf of Aden on Saturday, the U.S. military said.Shortly afterwards, the rebels claimed the attack, saying they had fired missiles at an 'American' commercial ship and launched drones at U.S. warships in 'the Red Sea and Gulf of Aden.'It was one of the Houthi's largest attacks sin.....»»
US-Led Coalition Shoots Down 15 Yemen Rebel Drones, CENTCOM Says
Dubai, UAE - U.S. and allied forces shot down 15 one-way attack drones fired by Iran-backed Yemeni rebels into the Red Sea and Gulf of Aden on Saturday, the U.S. military said.Shortly afterwards, the rebels claimed the attack, saying they had fired missiles at an 'American' commercial ship and launched drones at U.S. warships in 'the Red Sea and Gulf of Aden.'It was one of the Houthi's largest attacks sin.....»»
Adoption of Gibo’s defense concept backed by expert
The Marcos administration’s adoption of a Comprehensive Archipelagic Defense Concept is a move in the right direction and a manifestation of its seriousness in tackling external security challenges, particularly China’s growing aggressiveness in the West Philippine Sea......»»
At Least 2 Killed in Houthi Strike on Commercial Ship
pentagon - An anti-ship ballistic missile launched Wednesday from Houthi-controlled territory in Yemen killed two crew members on a commercial vessel in the Gulf of Aden, media reports said. It was the first fatal strike by Iran-backed Houthi militants since the onslaught on international shipping lanes began in mid-November.Three defense officials, who spoke to VOA on condition of anonymity, said the Houthi mis.....»»
3 Killed, 4 Hurt in Houthi Strike on Commercial Ship
pentagon - An anti-ship ballistic missile launched Wednesday from Houthi-controlled territory in Yemen killed three crew members on a commercial vessel in the Gulf of Aden, U.S. Central Command said in a statement.It was the first fatal strike by Iran-backed Houthi militants since the onslaught on international shipping lanes began in mid-November. It was the fifth such missile fired by the Houthis in two days,.....»»
Requinton, Garcia return to indoor volleyball with Rebisco-backed King Crunchers
Famed beach volleyball duo Jaron Requinton and Jude Garcia are set to make a comeback to indoor volleyball in Spiker’s Turf as they reinforce the newly established Criss Cross King Crunchers in the Open Conference set to unfurl later this month......»»
SM Investments FY23 net income up 25% to P77-B
SM Investments teased its FY23 results with a headline 25% improvement in its net income to P77.0 billion, backed by an 11% increase in consolidated revenues and strong performances across its portfolio, particularly in the banking and property development segments......»»
OpenAI introduces AI model that turns text into video
(Reuters) – Microsoft-backed OpenAI is working on a software that can generate minute-long videos based on text prompts, the company said on Thursday. The software, called Sora, is currently available for red teaming, which helps identify flaws in the AI system, as well as for use by visual artists, designers and filmmakers to gain feedback.....»»
Japanese offer tech to cut cost of road repairs
Japan-backed tech innovators are bringing into the Philippines a new service that lowers the cost of fixing road damage by analyzing and recording them through a satellite......»»
Pinoy jungolfers fare well in Asian Masters
A 16-strong National Golf Association of the Philippines (NGAP)-backed Philippine contingent, led by Wack Wack Ladies champion Reese Ng, bagged multiple awards in the recent 2024 Asian Junior Masters at the Black Mountain Golf Club in Hua Hin, Thailand......»»
Rebisco mulls 3rd volleyball team
Is a third Rebisco-backed team coming to the Premier Volleyball League (PVL)?.....»»
Iranian Proxies Continue Attacks on US Troops in Syria as Blinken Initiates Critical Middle East Tour
Title: Two Attacks on US and Allied Troops in Syria Over the Weekend Subtitle: Iranian-Backed Militias Continue Series of Assaults on American Forces In a.....»»