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Xinhua world news summary at 1530 GMT, Feb. 24
MANILA -- Two people died after a fire gutted a crowded residential community in Mandaluyong City, Metro Manila, the city's disaster risk reduction and management office said Saturday. The Bureau of Fire Protection said the victims, a woman and her son, were trapped when flame engulfed their home and 20 other houses in the neighborhood on Friday night. (Philippines-Fire-Death) - - - - SINGAPORE --.....»»
World Bank pushes new agri insurance products
The Philippines needs to come up with new and better agricultural insurance products to help farmers cope with natural disasters, according to the World Bank......»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage
The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»
BPI sells shares in GoTyme Bank
The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»
Insurance complaints rise in 2023
Insurance complaints rose by nearly eight percent to 5,400 last year, largely coming from mutual benefit associations and health maintenance organizations......»»
Microinsurance premiums up 20 percent
Insurance contributions from low-income Filipinos amounted to P10.2 billion from January to September 2023, up by nearly 20 percent from P8.49 billion in the same period a year ago, according to the Insurance Commission......»»
Ranido, Bueno top Sugbu doubles
Ranido, Bueno top Sugbu doubles.....»»
Eala, partner rule W75 Croissy-Beaubourg doubles tilt
Alex Eala has copped another doubles championship......»»
Eala enters doubles finals in W75 Croissy-Beaubourg netfest
Alex Eala zeroed in on her second pro doubles title by teaming up with Estelle Cascino in their march to the finals of the W75 Croissy-Beaubourg in France......»»
Alcantara, partner ousted in semis of Bengaluru doubles tilt
Filipino tennister Francis Alcantara bowed out of the Bengaluru Tennis Open doubles semifinals in India after he and his partner, Japan’s Kaichi Uchida, succumbed to hometown bets Saketh Myneni and Ramkumar Ramanathan, 6-2, 2-6, 10-7, Saturday......»»
Alcantara eyes semis berth in Bengaluru Tennis Open doubles
Filipino tennister Francis Alcantara will try to advance into the semifinals of the Bengaluru Tennis Open doubles’ play in India......»»
Eala cops 1st pro doubles crown
Alex Eala won her first professional doubles' title after she and Latvian Darja Semenistaja swept the top-seeded pair of Hungary's Fanny Stollar and Great Britain's Naiktha Bains, 7-6(8),6-3, Saturday night in the W50 Pune final......»»
Eala semis-bound in W50 Pune doubles
Alex Eala is going to another doubles’ tennis semifinals after securing a Final Four berth in the W50 Pune in India Thursday night......»»
‘Good start’: Alex Eala vies to sustain singles, doubles run in India
Asian Games mixed doubles bronze medalists Alex Eala and Francis Casey Alcantara hack out separate triumphs in India.....»»
Alex Eala seeks rebound after Australian Open exit, nabs doubles win in India tournament
Alex Eala quickly brushes off her 2024 Australian Open qualifiers loss, bouncing back in doubles action in India to resume her pro season.....»»
Senado kinalampag sa natural gas industry bill
Pinaaapura ng dalawang kongresista sa Senado ang pagpapatibay ng panukala upang mailatag ang polisiya ng gobyerno sa natural gas industry. The post Senado kinalampag sa natural gas industry bill first appeared on Abante......»»
Pagsasara ng Mt. Apo Natural Park pinalawig pa
PINALAWIG pa ng isang buwan ang pansamantalang pagsasara ng Mt. Apo Natural Park (MANP). The post Pagsasara ng Mt. Apo Natural Park pinalawig pa first appeared on Abante......»»
Mati City, 10 municipalities in Davao Oriental suspend classes, work
Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»