Category : Search result: financial crisis


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.

₱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.

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.

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.

Davao Hotline Aids 2,000 in Mental Health Crisis

Discover how Davao City's Kean Gabriel Hotline has become a crucial mental health resource, assisting over 2,000 individuals with depression and emotional crises since its establishment in 2016.

Lost Upland Forests Worsen Cebu Flood Crisis

Rampant deforestation in Cebu's upland areas is exposing communities to severe flooding, with environmental experts warning of escalating disasters without immediate intervention.

Asset Tokenization Revolution Hits Philippines

Discover how blockchain technology is transforming real-world assets into digital tokens, creating unprecedented opportunities for Filipino investors and businesses in Cebu and beyond.

Delhi Air Pollution Reaches Hazardous Levels

India's capital faces an environmental emergency as air quality deteriorates to dangerous levels, affecting millions of residents and prompting urgent government action.

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