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The Land Bank of the Philippines (LandBank) will partially finance a P2.6-billion 15-megawatt hydropower plant in Bukidnon that seeks to contribute to the country’s climate change mitigation efforts. In a statement, LandBank said it signed a loan agreement facility with Cabanglasan Hydropower Corp. (CHC), a subsidiary of Repower Energy Development…
THE Philippine Deposit Insurance Corp. (PDIC) announced it will accept bids for 45 residential and commercial lots located in various provinces of Luzon and Visayas on its e-bidding portal starting at 9:00 a.m. on January 19, 2023, until 1:00 p.m. on January 20, 2023 and shall be opened at 2:00…
LISTED firm Jollibee Foods Corp. (JFC) announced its Finance Head Cynthia C. Castro was recognized by United Kingdom-based publisher WeQual Global Ltd. as among the finalists for the firm’s 2022 “WeQual Awards.” JFC said Castro was the sole Filipina to reach the final round of the award’s Asia Pacific-Finance Category.…
THE Bangko Sentral ng Pilipinas (BSP) is not ruling out any rate increases in 2023 despite expectations that inflation would start declining in January next year. BSP Governor Felipe M. Medalla told reporters last Tuesday that the Monetary Board may not pause on its rate increases but would not resort…
Senator Sherwin T. Gatchalian is goading officials at the Bureau of Customs (BOC) to fast track the agency’s shift to full digitalization by investing in technology. Gatchalian nudged the BOC to ramp up actions to achieve its modernization goal adding that buying x-ray machines, for one, can “promptly arrest incidents…