Cebu City Rolls Out Weekly Pay for Casual Staff
Cebu City Government now releases weekly salaries for over 2,006 casual employees to combat debt and loan sharks. A pioneering move for financial stability in the Philippines.
Category : Search result: financial crisis
Cebu City Waives Business Permit Fees Post-Typhoon
Cebu City Council approves financial relief for businesses hit by Typhoon Tino, waiving permit fees to speed up economic recovery. Learn how this helps local commerce.
Philippines Insurance Premiums Jump 13.2% in 2025
Philippines insurance industry hits P372 billion in premiums, a 13.2% surge driven by life insurance. Discover how this growth reflects stronger financial protection awareness.
CLI Net Income Hits P3.1B in First Nine Months of 2025
Cebu Landmasters Inc. reports P3.1-billion net income in Jan-Sept 2025, up 6% year-on-year. Strong property sales and recurring income fuel growth. Read the full report.
Cebu Water Crisis: 70K Homes Dry After Typhoon
Over 70,000 Cebu households face water shortage after Typhoon Tino severely damaged Lusaran Dam and other key water sources. Officials race to restore supply amid logistical challenges.
Cebu water crisis affects 70,000 households post-typhoon
Typhoon Tino's devastation leaves 70,000 Cebu households without reliable water supply. MCWD races to restore damaged facilities while residents rely on deep wells and water rationing. Learn how the city is coping.
PLDT Q3 2025 Results: Revenue Hits P158.9 Billion
PLDT achieves P158.9 billion revenue in first nine months of 2025, with EBITDA at P82.8 billion. Capex intensity drops to 27% as free cash flow turns positive. Learn more about their resilient performance.
SM Investments Q3 Profit Rises 6% to P64.4 Billion
SM Investments Corp. reports P64.4 billion net income in first nine months of 2025, with banking and property units driving growth despite retail challenges. Read the full analysis.
Cebu Water Crisis Continues After Typhoon Tino
Cebu residents face water shortages since Typhoon Tino hit on November 4. Advocacy group Cera demands power grid reforms to prevent utility emergencies across the province.
Cebu Flood Crisis: Two Leaders With Different Solutions
Cebu faces worsening floods as city and provincial leaders propose separate solutions. Will unified action emerge to protect communities from future disasters?
Visa Launches Debit Program for Philippine Rural Banks
Visa partners with M2P Fintech and CTBC Bank to accelerate digital transformation of rural banks, expanding financial inclusion for millions of Filipinos through secure digital payments.
Megaworld Income Surges 14% to Nearly P18B
Megaworld reports strong 14% net income growth to P18B in first nine months of 2025, driven by office leasing, malls, and residential sales. Learn how their township strategy fuels success.
Naga City Relocates 17 Families After Uling Landslide
Naga City government relocates 17 families after Barangay Uling landslide, providing P150,000-P160,000 financial aid for housing. Mayor Chiong urges vigilance in mountainous areas.
Cebu Bridge Damage Threatens Garbage Collection System
Cebu City Mayor Nestor Archival warns of potential bridge collapse in Bacayan-Talamban, threatening daily garbage collection of 600 metric tons. Army and DPWH assistance requested for emergency repairs.
Shell Pilipinas Q3 2025 Net Income Up 33% to P1.3B
Shell Pilipinas Corp reports P1.3 billion net income for Jan-Sept 2025, up 33% year-on-year. Strong cash flow and premium products drive growth. Read the full financial results.
Philippine Airlines Q3 Profit Jumps 62% to $22M
Philippine Airlines reports 62% net income growth in Q3 2025, reaching $22 million. Strong passenger traffic and ancillary revenue drive performance. Read the full analysis.
DMW: OFWs Must Settle Financial Obligations Before Departure
Filipino workers heading to Middle Eastern countries must clear all financial obligations in the Philippines before departure, warns DMW to ensure smooth overseas employment process.
Asturias Flood Crisis: Clean Water Plea After Disaster
Severe flooding in Asturias, Cebu has submerged homes and schools, forcing residents and educators to urgently appeal for clean drinking water assistance.
PalawanPay & UP Fighting Maroons Renew Partnership
Digital payment leader PalawanPay renews groundbreaking partnership with UP Fighting Maroons, combining fintech innovation with collegiate sports development for nationwide impact.
Mandaue Eyes State of Calamity Over Water Crisis
Mandaue City officials consider declaring a state of calamity as the prolonged dry spell and El Niño threaten water security, agriculture, and public health across Cebu communities.
Cebu Province: 108 Deaths, Cebu City 17 in Health Crisis
Health authorities report alarming mortality rates across Cebu Province with 108 deaths, including 17 in Cebu City, prompting urgent public health response.
SSS Enhances Calamity Loan Access for Faster Disaster Relief
SSS introduces expedited calamity loan processing with enhanced digital access, providing immediate financial relief to members in disaster-affected areas across the Philippines.
₱760M Aid for Typhoon Tino Victims Released
The Philippine government has allocated ₱760 million in financial assistance to provinces severely affected by Typhoon Tino, with immediate distribution to affected families and agricultural sectors.
Davao Bank Lending Grows 10.5% in September
Davao's banking sector shows robust growth with double-digit lending expansion, signaling strong economic momentum and increased business confidence in the region.
Philippine Stocks Crash Below 6,000 Points
The Philippine Stock Exchange Index crashes below the critical 6,000-point mark as weak economic growth and global uncertainties spark massive sell-offs. Discover what's driving the market downturn and what experts predict for the coming weeks.
FAA Cuts Flights 10% at 40 Airports in Shutdown Crisis
Massive flight reductions hit US airports as government shutdown cripples air traffic control operations, causing nationwide travel chaos and safety concerns.
Petron Profits Surge 37% to ₱9.7B
Petron Corporation reports massive 37% profit surge reaching ₱9.7 billion in first half 2024, driven by strategic expansions and increased fuel demand across the Philippines.
Cebu Power Crisis: Lawmakers Demand Sustainable Solutions
Cebu faces escalating power outages prompting urgent calls for renewable energy investments and long-term infrastructure improvements from Philippine legislators.
Metrobank Posts Record P37.3B Profit in 9M 2025
Metrobank achieves historic P37.3 billion net income in first nine months of 2025, driven by robust loan growth and improved margins. Discover how the Philippines' second-largest private universal bank continues its impressive financial trajectory.
SSS Launches Typhoon Tino Emergency Loans for Cebu Members
The Social Security System offers financial assistance through its Cebu-based lending program for members impacted by the recent typhoon. Learn eligibility requirements and application details.
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