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Day: April 26, 2025

Banks Maintain Steady Credit Standards for Businesses in Early 2025

Manila: Most banks have generally maintained their credit standards for businesses in the first quarter of 2025, as indicated by the results of the Q1 2025 Senior Bank Loan Officers’ Survey released by the Bangko Sentral ng Pilipinas (BSP) on Friday. According to Philippines News Agency, the survey utilized a modal approach, analyzing the results based on the option with the highest number of responses. Approximately 81.8 percent of respondent banks kept their credit standards steady, a slight decrease from the 83.3 percent recorded in the previous quarter. The BSP reported, “Banks tightened their loan standards for enterprises due to

N. Cotabato IPHO Confirms First Mpox Case

North Cotabato: The Integrated Provincial Health Office (IPHO) in North Cotabato confirmed a case of monkeypox (mpox) infection, with the patient currently stable but still in isolation. According to Philippines News Agency, the IPHO-North Cotabato, under the leadership of Dr. Eva Rabaya, identified the mpox case as a 30-year-old man from Tulunan town. The agency confirmed that the patient was informed of the infection upon detection and is currently in a stable condition. The mpox variant, identified as Clade II, poses a low risk. The man sought early medical consultation after experiencing symptoms and has been cooperating with the local

DSWD Launches Program SOLo to Support Solo Parents

Manila: The Department of Social Welfare and Development (DSWD) is reinforcing its efforts to uplift solo parent-headed families by implementing Program SOLo, or Strengthening Opportunities for Lone Parents, its spokesperson said on Saturday. According to Philippines News Agency, Assistant Secretary Irene Dumlao stated that the initiative seeks to empower solo parent-headed families not only through economic assistance but through holistic and technology-aided psychosocial support. “The Program SOLo is designed to complement Republic Act (RA) No. 11861 or the Expanded Solo Parents Welfare Act. It is crafted with the realities of solo parents in mind – acknowledging the daily challenges they

Return of Stolen Amorsolo Painting Celebrated in Negros Occidental

Silay City: Negros Occidental’s provincial government has hailed the return of the ‘Mango Harvesters’ painting of National Artist Fernando Amorsolo to the Hofile±a Museum in Silay City, Negros Occidental. The 1936 painting, stolen from the museum on July 3, 2024, was recovered by the National Bureau of Investigation (NBI) days later and turned over to the National Museum in Manila on July 12. According to Philippines News Agency, on Friday afternoon, the masterpiece was unveiled and displayed anew in a ceremony led by the Hofile±a family and joined by city officials, law enforcers, culture and history advocates, artists, and tourist

Poor People to Welcome Pope's Body at St. Mary Major

Vatican City: A group of poor people will welcome the late Pope Francis’s body at St. Mary Major where he will be buried Saturday, the Vatican said Thursday. According to Philippines News Agency, the body will be taken from St. Peter’s, where he has been lying in state and viewed by tens of thousands, to the Marian Basilica at a walking pace on Saturday morning. Santa Maria Maggiore was beloved of Francis who always prayed to the Virgin there before and after foreign trips. “The poor have a privileged place in the heart of God. So also in the heart