Landbank open to hike P3-B loan facility for bus modernization

MANILA – State-owned Land Bank of the Philippines (Landbank) is willing to increase its PHP3-billion lending facility for the government’s bus modernization program if additional needs arise....

US grants $213-M aid for PH poverty reduction program

  MANILA – The United States has extended a USD213-million grant to the Philippines to finance a program that aims to reduce poverty, promote private-sector-led growth, and...

All systems go for nat’l ID registration: Chua

MANILA – It’s all systems go for the registration of an initial nine million Filipinos under the national ID system starting Monday (October 12), Acting Socioeconomic Planning Secretary...

PH continues to improve investment climate: US report

MANILA – The United States Department of State (DOS) has recognized the improvements in the Philippines’ investment climate in its latest 2020 Investment Climate Statements. The USDOS mentioned...

Raps set vs. perpetrators of UCBP cyber heist

Diokno eyes digital bank policies before year-end

MANILA – Policies on the establishment of digital banks are expected to be ready before end-2020, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said on Thursday....

Cebu Pacific plans to place self-bag tag kiosks at more airports

MANILA – To further maximize contactless transactions and minimize physical contact, local carrier Cebu Pacific (CEB) plans to put up self-bag tag kiosks at other Philippine airports where...

Billionaires’ wealth hits $10.2-T amid pandemic

ANKARA – The total wealth of billionaires across the globe has risen to $10.2 trillion as of the end of July — a new high after the...

Aboitiz InfraCapital to deploy small cell sites for 5G expansion

MANILA – Aboitiz InfraCapital (InfraCapital), the Aboitiz Group’s infrastructure arm, has deployed small cell networks in high-density cities to supplement the country’s existing telecommunications (telecom) infrastructure, noting its...

IMF chief warns of ‘long ascent’ toward global recovery

WASHINGTON – As the global economy gradually recovers from the coronavirus disease 2019 (Covid-19) crisis, International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Tuesday said...