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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…
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…
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…
VERSATILE forward Jose Acha proved to be an unstoppable offensive force as he carried the Cobras past the Bulls, 107-97 in the Tanduay Athletics x Metro Cebu Basketball League – CWBC last Sunday at the City Sports…
PRESIDENT Rodrigo Duterte’s wealth is always open for scrutiny by anyone except Sen. Antonio Trillanes IV, Malacañang said on Thursday, maintaining that the Chief Executive has nothing to hide. “Sabi po niya kahit sino puwedeng tingnan ang…
The House of Representatives has passed a measure meting out the penalty of life imprisonment for the hacking of a bank’s systems, which would be considered a form of economic sabotage. House Bill No. 6710, which was…
THE acquisition by the Land Bank of the Philippines of the Philippine Postal Savings Bank has been green-lighted by the country’s anti-trust body, paving the way for the launch of the Overseas Filipino Bank (OFB) later this…
City Savings Bank Inc. (CitySavings), Aboitiz-led Union Bank’s thrift banking arm, has struck a deal to acquire Philippine Resources Savings Bank (PR Savings), a 102-branch thrift bank based in Isabela. “This acquisition will expand our mass market…
Cebu City Mayor Tomas Osmeña is planning to avail of the P3-billion loan with the Land Bank of the Philippines (LBP) to fund various infrastructure, drainage and road concreting projects. If pursued, City Hall will have…
Trillanes’ claim A person who claimed to be a “financial forensic expert” was the source of the false bank information on Sen. Antonio Trillanes IV and sold it to the Duterte administration, the senator said on Tuesday.…
The World Bank has green-lighted its counterpart financing for the $500-million Metro Manila Flood Management Project a day after the China-led Asian Infrastructure Investment Bank (AIIB) approved its share. In a statement Friday, the Washington-based multilateral…
I only managed to catch the tailend of yesterday’s Senate blue ribbon committee hearing on the P6.4-billion shabu smuggling case, but I did console myself with the thought that I would catch the gist of the hearing…
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