DBP installs ATMs in Ticao Island, Masbate

11/06/2021

CEBU CITY, Philippines — State-owned Development Bank of the Philippines (DBP) recently installed automated teller machines (ATMs) in the underbanked municipalities of San Jacinto and San Fernando in Ticao Island in the province of Masbate, a top…

Visayan Electric energizes first digital substation

11/04/2021

CEBU CITY, Philippines — A year delayed due to the pandemic, Visayan Electric Company, Inc. (Visayan Electric) finally energized this quarter the first fully digital substation within its franchise area, helping improve overall network reliability and protection.…

Visayan Electric spends P5.2M to rewire 11 schools

10/22/2021

CEBU CITY, Philippines — Visayan Electric has rewired a total of 217 classrooms in 11 public schools under a P5.2-million Upgrading of Electrical Systems or Rewiring project this year, addressing electrical hazards and helping schools prepare to…

DBP extends P38-billion in economic recovery assistance to LGUs

10/22/2021

CEBU CITY, Philippines — State-owned Development Bank of the Philippines (DBP) has approved P38.28-billion in financing assistance to 110 local government units for the first six months of the year to accelerate the implementation of critical infrastructure…

DBP extends P8.5-billion in rehabilitation and recovery financing

09/17/2021

CEBU CITY, Philippines — State-owned Development Bank of the Philippines (DBP) has approved P8.5-billion in funding support for the rehabilitation efforts of both public and private institutions adversely affected by the current public health crisis, a top…

Generation rates down by 0.07 centavos for Sept-Oct electric bill

09/17/2021

CEBU CITY, Philippines — The generation rates in the Visayan Electric franchise area will be 0.07 centavos lower for the September-October billing period. President and Chief Operating Officer Raul C. Lucero said the slight drop in the…

DBP increases loan portfolio; sustains deposit growth in 1Q 2021

08/06/2021

CEBU CITY, Philippines — State-owned Development Bank of the Philippines (DBP) continues to broaden its support for the developmental projects of key economic sectors with P414.72-billion in total loans to borrowers as of the end of March…

Eastern Visayas team to undergo COVID training at Vicente Sotto hospital

05/04/2020

A team of 10 ( 1 pathologist and 9 medical technologists) from Department of Health in Eastern Visayas (DOH-8) arrived in Cebu City on May 3, 2020 to undergo a three-day COVID-19 proficiency training at the Vicente…

500 @ 500 event shelved due to Coronavirus outbreak

03/17/2020

CEBU CITY, Philippines — Owing to the rapid spread and economic fallout of COVID-19, the gala event “500 @ 500” is postponed.  The event was organized by the Shrine of the Divine Mercy Foundation de Cebu, Inc.…

AweSM Cebu Expo Offers Cebuanos a Gastronomic Lechon Treat

PR 01/18/2020

SM Seaside City Cebu is giving Cebuanos and tourists an awe-inspiring show of Cebu’s best local products and delicacies. Called AweSM Cebu Expo, the show aims to bring various food, souvenirs, and merchandise from the different parts…

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