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Philippine Business Bank Completes P1.25B Private Placement, Gears Up For P500M Rights Offer

Banking & Insurance Context.ph Context.ph -
Philippine Business Bank said on Friday that the subscription to 125 million shares that were privately placed last year with the bank’s principal shareholders have been completed, setting up the second part of a plan to raise its authorized capital by P1.75 billion and increase lending activity.

SMC unit to provide 350,000 Bulacan households affordable drinking water by Q1 2025 

Corporate Context.ph Context.ph -
San Miguel Corporation (SMC), through its Luzon Clean Water Development Corp. (LCWDC), will make available affordable water from the Angat reservoir to more than...

Global trade growth seen decelerating further this year

Top News Context.ph Context.ph -
Governments in emerging-market and developing economies (EMDEs) need to forge stronger cooperation to increase cross-border trade as global trade growth is seen to decelerate...

Manuel M. Lopez Passes Away

Corporate Context.ph Context.ph -
Manuel M. Lopez, a former Philippine envoy to Japan and former chairman of Manila Electric Co., passed away on Thursday. He was 80.

Inappropriate use of bank funds gets Leyte rural banker up to 20 years in jail

Banking & Insurance Context.ph Context.ph -
The Regional Trial Court of Burauen, Leyte (RTC-Burauen) has convicted a former officer of the now-closed Rural Bank of Burauen (Leyte), Inc. for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB) and appropriate legislation.
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DA turns over ₱65.6-M rice processing facility in Nueva Ecija

Agriculture 0
The Department of Agriculture has handed over a ₱65.6-million rice processing facility to the Talabutab Norte Primary Multipurpose Cooperative in General Mamerto Natividad, Nueva Ecija, under the RCEF Mechanization Program.

LGU partners with Foundever for free CX skills training to boost local employment

Corporate 0
Quezon City job seekers now have easier access to industry-relevant skills training, after the city’s Public Employment Service Office (PESO) signed an agreement with global customer experience leader Foundever®. The deal launches the Quezon City Competency Enhancement and Retooling Program, aimed at bridging the gap between community skills and actual workplace needs.

US rules out Pax Silica announcement at ASEAN summit

Top News 0
The US has ruled out announcing the proposed Pax Silica Economic Security Zone during or after this month’s ASEAN Leaders’ Summit in Manila, leaving the initiative’s timeline uncertain as Washington and Manila continue discussions on its scope and potential impact.

APECO signs Alberta pact, pursues Canadian energy investments

Trade & Investments 0
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has signed a cooperation agreement with the Alberta Council and is preparing a separate memorandum of understanding with a Canadian power generation company, as it seeks to convert investor interest into actual projects in Casiguran, Aurora.
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