Microfinance services in rural communities

Microfinance provides financial services to small businesses lacking access to conventional banking. In the Philippines, microfinancing is an activity…Microfinance provides financial services to small businesses lacking access to conventional banking. In the Philippines, microfinancing is an activity dominated by rural banks, non-government and people organizations, supported by... 

Best project

Manila, Philippines – A potentially life-saving research conducted by a University of the Philippines (UP) student bested 29 others, emerging as the “Best Project of the Year” in a prestigious science and technology (S&T) competition. For his win, Jann Adriel Sy, of UPDiliman in Quezon City, pocketed the prestigious award, along with a P50,000 cash prize, a post-graduate... 

Globe bikefest

Manila, Philippines – The first Globe Arakan XC (Cross-Country) biking challenge hits the roads of Davao City tomorrow to take part in the drive to support efforts to protect and save the endangered Philippine Eagle and its habitat.  Read More »

Ming says PSG has eco-boats

By LEO ORTEGA LAPARAN II MB Research Head Manila, Philippines – Ming defends Pasig clean-up project (Ninth of a series) Former First Lady Amelita “Ming“ Ramos believes the Ecolmare boats that were acquired in 1998 to clean the Pasig River are in the custody of the Presidential Security Group (PSG). Incoming search terms:preseident of clean and green foundation ricardo pascua... 

PHL stocks end down ahead of long holiday

MANILA, Philippines – Activities in the Philippine stock market continue to slowdown Tuesday as most investors are already on holiday mode. The bellwether Philippine Stock Exchange index slipped by 1.06 percent or 54.38 points to 5,056.48. The broader all-share index lost 0.61 percent or 21.13 points to 3,436.68. Trading volume reached 3.48 billion shares worth 5.28 billion pesos... 

Window dressing put Philippine stocks on rise

MANILA, Philippines — Window dressing for the first quarter of the year sent the Philippine stock market rallying on Friday. The bellwether Philippine Stock Exchange index gained 0.44 percent or 22.49 points to 5,107.73, while the broader all-share index rose by 0.32 percent or 11.30 points to 3,458.73. Trading volume reached 2.38 billion shares worth 6.54 billion pesos (152.29... 

‘Corona P31.74-M undeclared bank deposits enough to convict’

Manila, Philippines – The House prosecution panel in the impeachment trial of Chief Justice Renato C. Corona at the Senate said yesterday that the unveiling of his combined P31.74-million undeclared bank deposits is “enough” to convict him on Article of Impeachment No. 2 even without the disclosure of his five dollar accounts that was stopped by the Supreme Court (SC) last... 

Corona rejects bid for documents

Manila, Philippines – Embattled Chief Justice Renato C.Corona, through his defense counsels, strongly objected yesterday to the alleged “fishing expedition’’ by the House o f Representatives prosecution panel to get bank documents from two Makati-based banks that would supposedly show him and his wife, Cristina, having bank deposits. Corona’s objection was contained in... 

Valencia Lectures start January 27

Manila, Philippines – The 24th Teodoro F. Valencia lecture series on journalism and mass communications is scheduled from January 27 to March 16, from 2:30 p.m. to 4 p.m., at the T.F. Valencia Media Study Center, T.M. Kalaw St., Rizal Park (beside the Department of Tourism), Manila. Participating in the lecture series are selected graduating students of journalism and mass communications... 

Freeze order vs oil firm extended

Manila, Philippines – The Court of Appeals (CA) has extended for six months its 20-day freeze order issued on October 27 against the bank accounts of an oil trading company and its three officials who were charged in an P8-billion smuggling case before the Department of Justice (DoJ). Extended was the freeze order against Cross Country Oil and Petroleum Corp. and its three officials,...