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Philippines rescues 45 survivors in landslide, search continues

MANILA, Feb. 7 (Xinhua) -- Rescuers in the Philippines have recovered 45 survivors from a landslide on Tuesday that buried estimated 86 persons in a mining town in Davao de Oro province in the southern Philippines, a military spokesperson said Wednesday. Rosa Ma. Cristina Rosete-Manuel, spokesperson for the military's Eastern Command, said that 41 more employees of a mining firm in the area are still unaccounted.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka

Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Senate approves bill on BJMP control of provincial jails

MANILA, Philippines — The Senate passed a bill on Monday aiming to transfer the control and supervision of all provincial and sub-provincial jails from the local government to the Bureau of Jail Management and Penology (BJMP). Senate Bill No. 2352 or the Jail Integration Act, was approved on third and final reading, with 19 affirmative,.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 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

Senate maritime committee approves archipelagic sealanes bill

Sen. Francis Tolentino formed a technical working group to fine tune the consolidated bills designating archipelagic sea lanes in the Philippines......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 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

Call for nominations: University of the Philippines launches search for outstanding alumni

The University of the Philippines Alumni Association (UPAA) has announced the deadline of April 1, 2024 for the submission of nominations to the UPAA Distinguished Alumni Awards 2024......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

LIST: Miss Universe Philippines 2024 candidates

The Miss Universe Philippines Organization formally presented its official 2024 lineup of its annual national search......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Landslide death toll climbs to 98 in Philippines

MANILA, Feb. 17 (Xinhua) -- The death toll from a landslide in a mining town in Davao de Oro province in southern Philippines on Feb. 6 has climbed to 98, a regional disaster prevention office said Saturday. The Maco Municipal Disaster Risk Reduction and Management Office said rescuers continue to search for nine others who remained missing. Rocks, soil and debris triggered by days of rain slid from mount.....»»

Category: sportsSource:  abscbnRelated NewsFeb 18th, 2024

Landslide death toll climbs to 98 in Philippines

MANILA, Feb. 17 (Xinhua) -- The death toll from a landslide in a mining town in Davao de Oro province in southern Philippines on Feb. 6 has climbed to 98, a regional disaster prevention office said Saturday. The Maco Municipal Disaster Risk Reduction and Management Office said rescuers continue to search for nine others who remained missing. Rocks, soil and debris triggered by days of rain slid from mount.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

SEC approves NexGen IPO

The Securities and Exchange Commission has approved the P478.4 million initial public offering of renewable energy developer NexGen Energy Corp......»»

Category: financeSource:  philstarRelated NewsJun 7th, 2024

ADB approves $10 million to support DALI expansion

The Asian Development Bank is infusing $10 million worth of investments to support DALI Everyday Grocery chain’s expansion plans......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

DBM approves creation of 5K non-teaching positions in DepEd

The Department of Budget and Management has approved the creation of 5,000 new non-teaching positions at the Department of Education with the aim of unburdening teachers from administrative tasks......»»

Category: newsSource:  philstarRelated NewsMay 28th, 2024

Coal Asia Holdings board approves 10-for-1 stock split

Coal Asia Holdings [COAL 0.20 unch; 22% avgVol] [link] disclosed that its board approved a measure that would change the par value of its capital stock from P1.00/share to P0.10/share......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

AIIB approves P64 billion loan for Bataan-Cavite bridge

The Asian Infrastructure Investment Bank (AIIB) is extending up to P64 billion in loans to fund the construction of the Bataan-Cavite Interlink Bridge (BCIB) project and enhance connectivity in the Greater Manila Area......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

US approves funds for modernization of Philippine power sector

The United States Trade and Development Agency has approved the release of funds that will support efforts for the modernization and buildout of electricity transmission and distribution networks in the Philippines......»»

Category: newsSource:  philstarRelated NewsMay 22nd, 2024

Marcos approves return to old school calendar; SY 2024-2025 to end April 15

President Ferdinand Marcos Jr. on Tuesday approved a proposal for schools in basic education to end School Year 2024-2025 on April 15 as part of the government's gradual revert to the old academic calendar without cutting the required number of school days and resorting to Saturday classes......»»

Category: newsSource:  philstarRelated NewsMay 22nd, 2024

House approves Frasco’s affordable funeral service bill on 2nd reading

MANDAUE CITY, Cebu – A proposal by 5th District Representative Vincent Franco “Duke” Frasco to allow every Filipino family access to affordable and decent caskets for their department family members was approved on second reading during the plenary session of the House of Representatives on Monday, May 20. “By passing the Affordable Funeral Service Act,.....»»

Category: newsSource:  inquirerRelated NewsMay 22nd, 2024

SEC approves Maynilad’s P15 billion ‘blue bond’ offering

The Securities and Exchange Commission (SEC) has given the green light to the P15 billion blue bond offering of  West Zone concessionaire Maynilad Water Services Inc......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Vista Land board approves P5-B preferred shares offer

Vista Land [VLL 1.50 ?2.0%; 0% avgVol] [link] disclosed that its board has approved a P5 billion preferred shares offering, consisting of 50,000,000 Series 2 Preferred Shares priced at P100/share......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024