6 arrested in Opao drug bust

Norman Mendoza 04/29/2018

A security guard on duty was caught in a buy-bust operation including a supply courier and four drug users in Mandaue City. Lloyd Tuñacao, 38, a security guard from Barangay Umapad Mandaue City was arrested by police…

Tabok fire victims to receive financial assistance

Norman V. Mendoza 04/04/2018

Almost 500 individuals were affected by the fire that razed 21 houses in Sitio Upper, Barangay Tabok, Mandaue City on Tuesday night. Two persons, including a fireman, sustained burns while they were dousing the fire at one…

PH financial system robust vs cybercrime, laundering

Inquirer.net 04/01/2018

The computer systems of the Philippines’ largest banks are secure enough to deter any new attempts to use the local financial system as a transit and laundering point for illicit funds, thanks to lessons learned from the…

A can of worms in the coop sector

Malou Guanzon Apalisok 02/28/2018

The Cooperative Development Authority (CDA) should brace itself for a major shake up, this after a federation and the apex body of cooperatives raised a howl over the regulatory body’s perceived careful and delicate handling of the…

Cebu PB approved financial assistance for slain policeman

Morexette B. Erram 02/26/2018

The Cebu Provincial Board (PB) approved the release of P50,000 as financial assistance to the family of slain Minglanila cop, PO2 Evie Espina during their legislative’s regular session on Monday, February 26. There were no objections raised…

Financial aid, relocation for TS Agaton victims

Rosalie O. Abatayo 01/03/2018

Seven towns and two cities in southern Cebu have been identified by the provincial government as badly hit by Tropical Storm Agaton. “We have given support and cash assistance to the families of the casualties, which we…

200 families in Talisay fire to get financial help

Morexette B. Erram 12/26/2017

Help has started to pour for the 200 families in Sitio Caduldulan, Brgy. Lawaan III, Talisay City whose houses were razed by a fire on Christmas Eve. Cebu 1st District Rep. Gerald Anthony “Samsam” Gullas visited the…

Program to improve rural banks relaunched

Steffi Kyle Nolido 12/14/2017

RURAL banks can now improve their financial capacity and generate better value for shareholders, strengthen management and governance, develop synergies and economies of scale and expand their market reach. This developed after the Consolidation Program for Rural…

Cebu City to grant financial, burial aid to drowning, landslide victims

Morexette Marie B. Erram 09/30/2017

  Financial assistance worth P20,000, and burial assistance worth at least P10,000 will be given to the living relatives of the three persons who drowned in a creek in Sitio Riverside, Barangay Guadalupe, and to the 11-year-old…

City approves financial aid for Tabal

Inna Gian Mejia 09/06/2017

The Cebu City Council approved a resolution granting P500,000 financial assistance for Cebuana Olympian and Southeast Asian Games (SEA Games) gold medalist Mary Joy Tabal in support of her training for future races here and abroad. Councilor…

Province to give financial assistance to quake-hit Ormoc

USJ-R Journalism Intern Kristine Q. Remolisan 08/30/2017

THE Cebu provincial government will give financial assistance to Ormoc City, Leyte, for the city’s rehabilitation efforts after it was hit by the 6.5-magnitude earthquake last July 6. The members of the Provincial Board approved in mass…

BSP lists financial markers to back economic growth in the Visayas

Victor Anthony V. Silva 08/16/2017

INCREASING available financial resources and stable inflation were seen to support sustained economic expansion in the Visayas for 2017, an official of the Bangko Sentral ng Pilipinas (BSP) said. Rosabel Guerrero, director of the BSP’s department of…

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