Bus driving through flooded street, damaging resto, bank prompts call for probe

Delta Dyrecka Letigio 10/14/2020

CEBU CITY, Philippines — Cebu City Councilor Jerry Guardo is calling for an investigation on a bus that drove at high speed through waist-deep floodwaters at General Maxilom Avenue creating a huge wave in its wake that…

12 employees of Cebu City bank positive for COVID-19

Delta Dyrecka Letigio 09/10/2020

CEBU CITY, Philippines — Employees of a bank in Cebu City were tested positive for the coronavirus disease 2019 (COVID-19) prompting the Emergency Operations Center (EOC) to temporarily close down the bank. Councilor Joel Garganera, head of…

Banks accepting aid for quake victims listed

Philippine Daily Inquirer 11/01/2019

The social action arm of the Archdiocese of Manila on Wednesday appealed to the faithful for donations for quake victims in Mindanao. “The donations will be used for the relief and rehabilitation needs of our kababayans in…

Overseas Filipino Bank to become first digital lender in PH by 2020

08/13/2019

MANILA, Philippines – The government plans to convert the Overseas Filipino (OF) Bank into the country’s first digital lender by mid-2020 to serve 10 million Filipinos living and working overseas. “We’re working to transform it into a…

Fintech firms need to collaborate with banks

Irene R. Sino Cruz 08/09/2019

CEBU CITY, Philippines—Financial technology (Fintech) companies need to collaborate with banks to be able to offer financial services. Miguel Angelo Villa-Real, president of Bank Marketing Association of the Philippines (BMAP), said this during a press briefing on…

Consolacion police holds security briefing for bank security guards

02/17/2019

LOOK: It was the turn of bank security personnel to undergo Bank Security Seminar by the Consolacion Police Station on Saturday. Consolacion police organized the seminar  to provide a venue for the police to teach bank security…

CitySavings wins Outstanding Thrift Bank Award

PR 09/28/2018

Gawad CFI Group Level AS part of its 55th anniversary celebration, Land Bank of the Philippines recognized outstanding small and medium enterprises, corporations, and countryside financial institutions (CFI) in its annual Gawad SME, Gawad Kaagapay, and Gawad…

Taiwanese nationals robbed outside the bank

Nestle Semilla 09/26/2018

Taiwanese nationals were robbed just outside the bank they withdrew past 3 p.m. of Wednesday (September 26). Pien Shu Ching and Felipe Co Tan were about to leave a bank along M.J. Cuenco Avenue in Barangay Mabolo…

World Bank: PH climbs to 60th place in trade logistics rankings

Inquirer.net 07/25/2018

THE Philippines’ competitiveness in trade logistics improved in the past two years, such that its rank jumped to 60th place among 168 countries in this year’s edition of a biennial World Bank report. The report titled “Connecting…

World Bank: BRT still viable

Morexette Marie B. Erram 06/13/2018

IMPLEMENTING the P17-billion stalled Cebu Bus Rapid Transit (BRT) project still remains a viable solution on addressing traffic congestion in Cebu City. This was the assessment of the World Bank (WB) in its Implementation Status and Results…

World Bank downgrades Cebu BRT’s Project Development Objectives

Morexette B. Erram 06/13/2018

Due to multiple delays it incurred over the past years, can the Cebu Bus Rapid Transit (BRT) fully achieve its objectives in addressing traffic congestion in Cebu City? Findings from the World Bank’s (WB) Implementation Status and…

Tugade to discuss Cebu BRT’s fate with World Bank reps

Jose Santino S. Bunachita 06/07/2018

Transportation Secretary Arthur Tugade said they will be meeting with representatives of World Bank in Cebu tomorrow, June 8, as a “last-ditch effort” to resolve the fate of the P27-billion Cebu Bus Rapid Transit (BRT) project. Representatives…

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