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Philippine debt hits P11.64 trillion in August

Jessica Fenol, ABS-CBN News
Posted at Sep 30 01:52 PM

The Philippines' debt further climbed after hitting P11.64 trillion by the end of August, the Bureau of Treasury said Thursday. Read more »

Bank of China pledges to end funding for foreign coal mining and power plants

Echo Xie, South China Morning Post
Posted at Sep 26 08:44 AM

Bank of China is the first state-owned commercial bank to make such a pledge after President Xi Jinping's recent speech to the UN. The Chinese leader promised the country would stop building overseas coal-fired plants. Read more »

Canva's valuation more than doubles to $40B

Reuters
Posted at Sep 15 08:59 AM

Graphic design and collaboration platform Canva said on Tuesday that it is now valued at $40 billion after the company raised $200 million in a funding round led by investment management firm T.Rowe Price. Read more »

US gives $11.3-M more COVID-19 aid to PH

Willard Cheng, ABS-CBN News
Posted at Sep 10 02:27 PM

The United States announced Friday it would give an additional $11.3 million worth of assistance to the Philippines to combat COVID-19. Read more »

Philippine e-commerce seen growing faster than forecast

Bruce Rodriguez, ABS-CBN News
Posted at Aug 17 06:55 PM

Philippine e-commerce services provider Etaily said it believes the country can become a major hub for digital commerce in Southeast Asia. Read more »

World Bank says will boost financing for COVID-19 vaccines to $20 billion

Andrea Shalal and David Lawder, Reuters
Posted at Jul 01 05:21 AM

The World Bank was also continuing to press for greater transparency by governments and pharmaceutical companies about vaccine contracts, options and agreements. Read more »

Philippines, France discuss 'possible' funding for first urban car cable system

ABS-CBN News
Posted at Jun 04 03:55 PM

Finance Secretary Carlos Dominguez said Friday he has met with Frech Ambassador to the Philippines Michèle Boccoz to discuss "possible funding" for several projects including the first urban car cable system in the country.   Read more »

Marcial maintains: Honor for PH is my priority

Dennis Gasgonia, ABS-CBN News
Posted at May 18 05:05 PM

Filipino middleweight Eumir Marcial reiterated that from the day he joined the national team, love for country and his family have always been his priority. Read more »

OWWA seeking P9.8 billion supplemental budget for OFWs' quarantine needs

ABS-CBN News
Updated as of May 03 01:55 PM

The Overseas Workers Welfare Administration (OWWA) is seeking a supplemental budget of P9.8 billion to fund the food, transport and accommodation of returning overseas Filipino workers, its official said Monday.  Read more »

US gives add'l $3.5M worth of support to Philippines' COVID-19 inoculation drive

Willard Cheng, ABS-CBN News
Posted at Apr 15 06:45 PM

The United States through its development agency announced Thursday it would provide additional $3.5 million to further support the Philippines' vaccination programs via the COVAX facility. Read more »

Funding source for Bayanihan 3 yet to be finalized, says solon

ABS-CBN News
Posted at Apr 14 07:14 AM

Economic managers have yet to find funding sources for the country's proposed third stimulus package for COVID-19 worth P420 billion, says Cong. Stella Quimbo. Read more »

SM ''Women at Work'' webinar arms entrepreneurs with tools to grow their business

SM Supermalls
Posted at Mar 23 01:03 PM

Create a roadmap for success, pivot your marketing, and understand your customer are just some of the lessons imparted on women entrepreneurs at the recent ''Women at Work'' webinar. Read more »

South Korea to boost funding for US troops under new accord

Andrea Shalal and Hyonhee Shin, Reuters
Posted at Mar 08 09:55 AM

South Korea will increase its contribution to the cost of US forces stationed in the country under an agreement reached with the United States, the State Department said on Sunday, easing an irritant in ties between the 2 allies. Read more »

Abe grilled in Diet after fixing false statements on funding scandal

Kyodo News
Posted at Dec 25 11:57 PM

TOKYO - Former Prime Minister Shinzo Abe was grilled in both houses of the Diet on Friday as he apologized and corrected false statements regarding an allegation that a group managing his political funds partially covered the costs of dinner receptions for supporters. Read more »

Ex-Japan PM Abe to face questioning in parliament over funding scandal

Antoni Slodkowski, Reuters
Posted at Dec 25 12:28 PM

Former Japanese Prime Minister Shinzo Abe was set on Friday to correct statements he had made in parliament related to a political funding scandal that has also cast a pall over the current premier. Read more »

Pounded by pandemic 'storm', poor nations need climate finance more than ever

Megan Rowling, Thomson Reuters Foundation
Posted at Dec 10 06:59 AM

BARCELONA - Many developing nations are under huge financial stress from the COVID-19 crisis, making it more important than ever that they receive the funding promised by rich nations to help them tackle climate change, said the head of the Green Climate Fund. Read more »

Congress bicam panel retains P19-B anti-insurgency fund in 2021 budget

Katrina Domingo, ABS-CBN News
Posted at Dec 09 04:11 PM

Lawmakers on Wednesday retained the P19-billion allocated for the government's anti-insurgency fund in the 2021 budget despite calls from opposition congressmen to realign a portion of the sum to COVID-19 and disaster response programs. Read more »

Pangulo di puwedeng tanggalan ng pondo ang UP: abogado

ABS-CBN News
Updated as of Nov 18 08:30 PM

Hindi maaaring alisan ng pondo ng isang pangulo ang national university, sabi ng isang constitutional law expert. Read more »

DOH says storage, distribution costs factored in proposed budget for COVID-19 vaccines

Kristine Sabillo, ABS-CBN News
Updated as of Nov 18 02:11 PM

The Department of Health (DOH) on Wednesday said its proposed budget for the purchase of COVID-19 vaccines already includes the cost of storing and transporting it.   Read more »

DOST can fund only 10 pct of research proposals without budget hike - official

ABS-CBN News
Updated as of Oct 23 10:36 PM

The Department of Science and Technology said Friday it could fund only a tenth of the research proposals it received for next year if its 2021 budget is not increased, a proposal for which was backed by some senators. Read more »