Day: April 21, 2025

Manila: Bishop Julito Cortes of the Diocese of Dumaguete called on the Catholic faithful to offer prayers for Pope Francis, who passed away due to a lingering illness at the Vatican’s Casa Santa Marta on Monday morning (local time). Cortes delivered his message during a Holy Mass on Easter Monday at his residence, paying tribute to the late Holy Father. According to Philippines News Agency, Cortes remarked that Pope Francis, as the successor of Peter and Shepherd of the Universal Church, was a witness to the Gospel, urging mercy, compassion, and synodality. He emphasized the Pope’s leadership marked by humility,

Tagoloan: PhilCo Food Processing, Inc., a unit of Thai World Group of Companies, is investing more than PHP1 billion within the Phividec Industrial Estate in Tagoloan town, Misamis Oriental province, according to the Philippine Economic Zone Authority (PEZA). According to Philippines News Agency, PEZA informed trade reporters in a Viber message that the investment promotion agency had already registered the project of PhilCo for a coconut processing facility. The company plans to start construction in October this year, with commercial operations expected to commence between December 2025 and January 2026. The output of the factory will be exported to Thailand,

Manila: State-owned Land Bank of the Philippines (LandBank) recorded a 67-percent surge in digital banking usage in 2024, with 162.28 million transactions from 97.08 million transactions in 2023. The digital transactions last year amounted to PHP3.38 trillion, 38 percent higher than the value in 2023 at PHP2.45 trillion, LandBank reported Monday. According to Philippines News Agency, LandBank President and Chief Executive Officer Lynette Ortiz emphasized the importance of digital banking for financial inclusion. “Digital banking is not just about convenience – it’s about inclusion. Through our digital banking channels, we are empowering every Filipino to take control of their finances.

Manila: The Bureau of the Treasury (BTr) has announced that the Auction Committee has fully awarded the Treasury bills worth PHP25 billion. The auction took place on Monday, with the BTr successfully raising PHP8 billion from the 91-day T-bills, which achieved an average rate of 5.546 percent. Additionally, the 182-day T-bills also raised PHP8 billion with an average yield of 5.675 percent, while the PHP9-billion 364-day T-bills garnered a yield of 5.691 percent. According to Philippines News Agency, the latest auction yields for Treasury bills have mostly risen slightly, marking the fourth increase in five weeks. This trend is occurring

Manila: A center in Passi City has made it easier for overseas Filipino workers (OFWs), including those from neighboring municipalities, to avail of government services. According to Philippines News Agency, Public Employment Services Office (PESO) Iloilo manager Cynthia Dario stated that while other local government units have an OFW desk, Passi City, which has the largest number of OFWs in Iloilo province, has its own building. “Mayor Stephen Palmares built the building purposely for the programs and services intended for OFWs. That makes a difference why Passi City made it as the grand winner,” Dario said, referring to the recognition