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The Philippine government targets to finish vaccinating healthcare workers against COVID-19 in May and expand the program to other sectors by April, an official said Sunday.
Published February 28, 2021 10:06pm Four days after the shootout between the Philippine National Police (PNP) and the Philippine Drug Enforcement Agency (PDEA), the National Bureau of Investigation (NBI) said the drugs and the marked money from the failed anti-drug operation had yet to be turned over. The NBI is now in close coordination with both the PNP and the PDEA for more evidence to be surrendered, according to a report on GMA's "24 Oras Weekend" on Sunday. Two police officers, a PDEA agent, and an informant were killed in the shootout during an anti-drug operation in Quezon City a...
Published February 24, 2021 5:01pm Sy-led BDO Unibank Inc. saw a double-digit decline in its net income in 2020, as the bank provisioned billions against the potential delinquencies from the COVID-19 pandemic. BDO said its net income fell to P28.2 billion in 2020 from P44.2 billion in 2019, due mainly to P30.2-billion of preemptive provisions in line with credit policies meant to further its balance sheet. The bank ended 2020 with a 2.65% non-performing loan (NPL) ratio with coverage at 109.5% and total loan loss reserves equivalent to 3% of gross customer loans. Net interest income ros...
3 Filipino engineers behind Philippines' second cube satellite maya-2 has been launched to space station The Maya-2 CubeSat, developed by three Filipino engineers, was officially launched at the International Space Station on Sunday afternoon, along with satellites from Japan and Paraguay, as part of the Joint Global Multi-Nation Birds Satellite Project (BIRDS-4). Behind the successful launch is a team composed of three Filipinos, all of them pursuing doctorates in Space Systems Engineering and Space Engineering at the Kyushu Institute of Technology (Kyutech) in Kitakyushu, Japan. Izrael Z...
Published February 17, 2021 2:49pm Eastern Communications has allocated P2.8 billion for capital expenditure this year to finance the expansion of its connectivity and information and communications technology services to cover more areas across the country. In a statement on Wednesday, the telecommunications firm said the expansion plans will cover wider service areas such as Davao City, Cagayan de Oro, Dumaguete, Tagbilaran, Bacolod, Roxas, Kalibo, Caticlan, Boracay, Naga, Legazpi, Iriga, and Sorsogon. The firm said it already started laying fiber optic cables mainly in central busines...