State-owned Development Bank of the Philippines’ (DBP) net income surged to P7.1-billion in 2024—its highest in the past 10 years—representing a 20% increase from 2023 as the Bank ramped up its lending activities to key sectors in support of the Marcos, Jr. Administration’s socio-economic agenda, a top official said. DBP President and CEO Michael O. de Jesus said the Bank’s …
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Rizal Commercial Banking Corporation delivered net income of P9.5B for the full year 2024, with double-digit growth of 26% in net interest income and a 40% expansion in consumer loans. The Bank’s total resources reached P1.4T by end 2024. Net income growth, without the non-recurring gains in 2023, was at 13.6% year-on-year, as core business maintains momentum. The bank’s net …
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Had it not the intervention of a clearer mind, award-winning actress Katherine Luna could have been just one of the numbers in the indiscriminate Extra Judicial Killings (EJKs) during the dreaded time of the Duterte administration’s war on drugs. If it could happen to ordinary mortals living in the slums or poor urban places all over the country, it could …
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The recently concluded grand gala night of the 60th year of the University of Santo Tomas Faculty of Arts and Letters was a star-studded affair held recently at the Tent City of the Manila Hotel. The event was in celebration of the decades-long academic affiliations of the three educational units—from the creation of the Facultad de Filosofia y Letras in …
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In celebration of International Women’s Day, Instituto Cervantes, in collaboration with the Embassy of Spain, AECID, and UP Círculo Hispánico, is presenting a film series directed by contemporary Spanish female filmmakers. The series showcases a selection of impactful films that highlight the talent and powerful creativity of women in Spanish cinema. The series kicked off on March 7 at 2:00 …
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The National Commission for Culture and the Arts (NCCA) officially declared the 225-year-old Santa Ursula Church in Binangonan, Rizal, a National Cultural Treasure (NCT) on March 2, 2025. A holy mass and a ceremony were held to commemorate the historical heritage declaration, attended notable personas including NCCA Chairman Victorino Mapa Manalo, Deputy Executive Director for Administration Marichu Tellano, Former NCCA …
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An emerging actor whose name is Ken Costelo is being launched in the intense drama suspense-thriller “Eloy” about a young man whose only dream is to help the family but in an unexpected turn of events they are involved in a massacre and in an underworld which is inescapable. “Eloy” is written and directed by Mark Arvin Agcaoili Bago. (Boy …
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Government will try to convince a prized investor at the Ninoy Aquino International Airport (NAIA) to stay, as it considers exiting the Philippines after its lease ballooned by 11 times. Transportation Secretary Vince Dizon is working with aircraft maintenance, repair and overhaul (MRO) provider Lufthansa Technik Philippines (LTP) to address its issues on lease rates, which have gone up since …
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Tourism Secretary Christina Garcia Frasco met with Transportation Secretary Vivencio “Vince” Dizon to strengthen collaboration between the Department of Tourism (DOT) and the Department of Transportation (DOTr) in improving connectivity and enhancing the country’s transport infrastructure to boost the tourism industry. Welcoming Secretary Dizon at the DOT Central Office in Makati City, Sec. Frasco congratulated him on his appointment. “All …
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The Philippines is laying the groundwork in leading the production and usage of Sustainable Aviation Fuel (SAF) with its sufficient agricultural waste feedstock that is expected to meet the country’s jet fuel demand and capacity to export. During the Philippines’ hosting of the Sustainable Aviation Fuel (SAF) Forum, the Department of Transportation (DOTr), in collaboration with leading global aerospace company, …
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