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Extreme hunger, exhaustion force 2 brothers to abandon NPA

SURRENDER. Two brothers who confessed to being members of the Communist Party of the Philippines-New People's Army surrendered to joint military and police authorities on Wednesday (June 15, 2022) in Sta. Catalina, Negros Oriental. The brothers said extreme hunger, exhaustion, and other difficulties in the underground movement pushed them to give up their armed struggle. (Photo courtesy of 11IB, Philippine Army) DUMAGUETE CITY - Two brothers who claimed to be regular members of a local guerrilla unit of the Communist Party of the Philippines-New People's Army (CPP-NPA) on Wednesday surrendered to military and police authorities in Barangay Nagbinlod, Sta. Catalina town in Negros Oriental. They were identified only as Ka Daniel and Ka Aguilos, who joined the rebel organization in 2015 and in 2021, respectively, according to 1Lt. Pearl Lanuza, Civil-Military Operations Officer of the 11th Infantry Battalion (11IB) of the Philippine Army based in Siaton, Negros Oriental. Lanuza sa ....

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Universal, commercial banks' growth supports PH financing needs

MANILA - Universal and commercial banks (U/KBs) in the Philippines sustained their growth and continued to support the country's financing requirements, according to the Bangko Sentral ng Pilipinas (BSP). "Key U/KB performance indicators showed a steady rise in assets, loans, and deposits, and sustained profitability with ample credit loss reserves, sufficient liquidity and capital buffers," BSP Governor Benjamin Diokno said in a statement. U/KB assets grew by 8.2 percent year-on-year (YoY) to PHP19.4 trillion at end-April 2022, higher than the 4-percent growth posted a year ago. The growth was financed mainly by deposits, which rose by 8.7 percent during the same period. The total loan portfolio, which largely comprised U/KBs' assets, went up by 9.8 percent to PHP10.7 trillion at end-April 2022. These loans were extended to productive sectors like real estate, wholesale and retail trade, and manufacturing. U/KB credit to micro, small and medium enterprises stood at P ....

Benjamin Diokno , Bangko Sentral , Financial Institutions Strategic Transfer Act , Manila Universal And Commercial Banksu Kbs In The Philippines Sustained Their Growth Continued To Support Country 39s Financing Requirements , Ccording To The Bangko Sentral Ng Pilipinas Bsp Quot Keyu Kb Performance Indicators Showeda Steady Rise In Assets , Land Deposits , Nd Sustained Profitability With Ample Credit Loss Reserves , Ufficient Liquidity And Capital Buffers , Uot Bsp Governor Benjamin Diokno Said Ina Statementu Kb Assets Grew By 8 2 Percent Year On Yoy To Php19 4 Trillion At End April 2022 , Igher Than The 4 Percent Growth Posteda Year Ago Was Financed Mainly By Deposits , Hich Rose By 8 7 Percent During The Same Period Total Loan Portfolio , Hich Largely Comprisedu Kbs 39 Assets , Ent Up By 9 8 Percent To Php10 7 Trillion At End April 2022 These Loans Were Extended Productive Sectors Like Real Estate , Wholesale And Retail Trade , Nd Manufacturingu Kb Credit To Micro , Mall And Medium Enterprises Stood At Php334 8 Billion , Hile Lending To Households , Ncluding Residential Real Estate , Eached Php1 7 Trillion Alongside Improving Economic Conditions And Credit Activity , U Kb Loan Quality Showed Signs Of Recovery As Their Non Performing Npl Ratio Eased To 3 6 Percent At End April 2022 From 9 Percenta Year Earlier Theu Industry 39s Coverage , N The Other Hand , Ncreased To 95 2 Percent In April This Year From 87 7 During The Same Month 2021 Full Implementation Of Financial Institutions Strategic Transfer Act And Extension Effectivity Some Bsp 39s Credit Related Relief Measures Are Seen Provide Support Continued Growth Inu Kb Lending Industry Net Profit Rose By 26 Reach Php61 4 Billion At End March , A Reversal From The 4 Percent Contraction In Same Period 2021u Kbs Also Continued To Be Well Capitalized With Risk Based Capital Adequacy Ratios Of 16 2 And 8 On Solo Consolidated Bases , S Of End March 2022 The Industry Also Registereda Liquidity Coverage Ratio 200 3 Percent Ona Solo Basis At February , Ell Above The 100 Percent Minimum Requirement This Indicatesa Strong Liquidity Position To Support Short Term Funding Requirements Amid Economic Recovery And Positive Business Consumer Sentiment , He Bsp Remains Committed To Pursuing Regulatory And Legislative Reforms Aimed At Ensuringa Safe ,

U.S.-listed Chinese firms trade lower

NEW YORK, June 9 (Xinhua) U.S.-listed Chinese companies traded lower on Thursday with all the top 10 stocks by weight in the S&P U.S. Listed China 50 ind ....

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Poll officer killed, another unscathed in Zambo Norte shooting

Google map of Pinan municipality, Zamboanga del Norte. ZAMBOANGA CITY - An election officer was killed while her assistant escaped unharmed in a drive-by shooting in Zamboanga del Norte's town of Pinan, a police official said Friday. Maj. Shellamie Chang, the Police Regional Office-Zamboanga Peninsula information officer, said Marcicel Peralta died instantaneously after being shot by a motorcycle-riding gunman around 8:42 p.m. Thursday in Barangay Lapu-Lapu, Pinan. Peralta, 45, is the election officer of Mutia, Zamboanga del Norte. Marites Inding, 52, Mutia's assistant election officer, was unhurt during the incident. Chang said Peralta was driving a car with Inding as her passenger when shot by a motorcycle-riding assailant who overtook them upon reaching a bridge in Barangay Lapu-Lapu. Peralta and Inding were on the way home to Dapitan City and Dipolog City, respectively, at the time of the incident. Authorities are investigating the incident. Meanwhile, the Commission on Ele ....

Zamboanga Del Norte , Dipolog City , Dapitan City , Zamboanga Peninsula , Province Of Zamboanga Sibugay , Barangay Lapu , Shellamie Chang , Socorro Inting , Marcicel Peralta , Ferdinand Patinio , Philippine National Police , Commission On Elections Comelec , Police Regional Office , Police Regional Office Zamboanga Peninsula , Zamboanga Del , Comelec Employees Union , Google Map Of Pinan Municipality , Amboanga Del Norte Zamboanga City An Election Officer Was Killed While Her Assistant Escaped Unharmed Ina Drive By Shooting In 39s Town Of Pinan , A Police Official Said Friday Maj Shellamie Chang , He Police Regional Office Zamboanga Peninsula Information Officer , Aid Marcicel Peralta Died Instantaneously After Being Shot Bya Motorcycle Riding Gunman Around 8 42 Pm Thursday In Barangay Lapu , Inan Peralta , S The Election Officer Of Mutia , Amboanga Del Norte Marites Inding , Utia 39s Assistant Election Officer , As Unhurt During The Incident Chang Said Peralta Was Drivinga Car With Inding Her Passenger When Shot Bya Motorcycle Riding Assailant Who Overtook Them Upon Reachinga Bridge In Barangay Lapu And Were On Way Home To Dapitan City Dipolog ,