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Global Dominion, RCBC Capital extend financing to the unbanked and underbanked

Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Billions for commercial tuna industry, crumbs for fisherfolk

Months of investigation by Bulatlat revealed that the booming commercial tuna industry in General Santos City, dubbed the Philippines’ “tuna capital,” favors industrial scale commercial fishing fleets at the expense of the livelihood of thousands of ordinary fisherfolk. The post Billions for commercial tuna industry, crumbs for fisherfolk appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 25th, 2024

ADB urged to boost climate financing to $11.5 billion

The Asian Development Bank (ADB) needs to ramp up its climate financing to at least $11.5 billion annually as vulnerable economies continue to take the hit of the impact of worsening climate change......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

More banks keen on green financing – BSP

More banks in the Philippines have expressed interest to finance green and sustainable projects in the country amid the need to fund efforts that would mitigate impacts of climate change......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

‘Philippine banks to ride wave of robust economic growth’

The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Sinulog Cup 2024: Best commercial teams in VisMin clash for basketball supremacy

CEBU CITY, Philippines — Some of the best commercial basketball teams in the Visayas and Mindanao will vie for supremacy in the Sinulog Cup 2024 Basketball Tournament scheduled from January 23-27, 2024.  The tournament will field six commercial teams from Cebu, Bacolod, Tacloban, Ormoc, and Marawi City, while two Cesafi member schools will join this.....»»

Category: newsSource:  inquirerRelated NewsJan 19th, 2024

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

House panel OKs P89 billion for seniors’ universal social pension

A universal social pension measure has gained a foothold after a House of Representatives committee yesterday approved the budget allocation for the benefit......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Philippine Business Bank seeks universal banking license

Yao-led Philippine Business Bank is looking at obtaining a universal banking license from the Bangko Sentral ng Pilipinas as early as this year......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2024

Universal Robina FY23 profit: P12.8-B (down 12%)

Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

More songs come down as Universal-TikTok feud escalates

Universal Music Group has lambasted TikTok's approach to artificial intelligence (AI) as the feud between the two companies over song royalties escalates and popular music is expunged from the social media platform......»»

Category: entertainmentSource:  philstarRelated NewsMar 3rd, 2024

DOH eyes inclusion of oral health package in Universal Health Care services

DOH eyes inclusion of oral health package in Universal Health Care services.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

Liza Soberano celebrates Kathryn Newton s birthday in Universal Studios

"Lisa Frankenstein" co-stars Liza Soberano and Kathryn Newton celebrated the latter's birthday by visiting Universal Studios Hollywood......»»

Category: entertainmentSource:  philstarRelated NewsFeb 10th, 2024

Universal Health Care Program to benefit 288,000 Lumads in Agusan Sur

SAN FRANCISCO, Agusan del Sur (MindaNews / 31 January)—The Universal Health Care (UHC) program launched by the Philippine Health Insurance Corporation (PhilHealth) here starting January 1 this year is set to benefit the 288,353 indigenous peoples (IPs) in this landlocked province. The UHC beneficiaries—hailing from the Manobo, Higaonon, Banwaon, and Tala-andig tribes—reside in geographically isolated, […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Former PACC chief supports Cha-cha through convention

Former Presidential Anti-Corruption Commission (PACC) chair Greco Belgica supports the proposal of Sen. Robinhood Padilla to amend the 1987 Constitution through a constitutional convention (con-con)......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

US supports expansion of responsible seafood sourcing in Iloilo

US supports expansion of responsible seafood sourcing in Iloilo.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024