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Volume XII, No. 32
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Japan loan THE PHILIPPINES has received the fourth and last tranche worth ¥10 billion (P4.6 billion) from Japan’s standby loan facility for the government’s pandemic response, the Japan International Cooperation Agency (JICA) said on Friday. JICA, the lending arm of the Japanese government, has now fully disbursed the ¥50-billion (P23 billion) post-disaster standby loan package it extended to the Philippines in September 2020. The last tranche was released amid the reimposition of enhanced community quarantine (ECQ) in Metro Manila and other parts of the country from Aug. 6-20 as coronavirus disease 2019 (COVID-19) infections spiked due to the more contagious Delta variant.
High MSMEs loans SMALL businesses continue to gain access to financing from banks, especially after the Bangko Sentral ng Pilipinas (BSP) used borrowings to the sector as alternative compliance to reserve requirements. BSP data show that as of July 29, banks extended a total of P188.7 billion to micro, small and medium enterprises (MSMEs), way higher than the P8.7 billion as of end-April 2020. “These numbers suggest that banks continue to extend financial relief to borrowers during this crisis,” BSP Governor Benjamin Diokno said in a virtual briefing on Thursday.
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OTABATO City – Model banana farms are soon to sprout in about 5,000-hectares special geographic area (SGA) of the Bangsamoro Autonomous Region in Muslim Mindanao ( BA R M M ) i n Nor t h Cotabato province.
HOMECOMING. Tokyo Olympic boxing silver medalist Carlo Paalam (center) reunites with his parents, Jocelyn and Pio Reo, in Cagayan de Oro City on Tuesday (Aug. 24, 2021). The city government welcomed the hometown hero with a ceremony that included the handing of a PHP2-million cash incentive. (photo courtesy of ian fuentes/cdo-cio)
3 CDO boxers next Olympics hopeful: coach THE long-time coach of O ly mpi c b ox i ng s i lve r medalist Carlo Paalam said there are three more boxers here who have the potentials to represent the country in the 2024 Paris Olympics. Coach Elmer Pamisa said in an online press conference Tuesday that he will train Eljay Pamisa, Mark Lester Durens, and Jericho Acaylar
Bangsamoro Transition Authority (BTA) - BARMM Member of Parliament Suharto Ambolodto said Tuesday the project aimed to alleviate the lives of farmers and to encourage more local businessmen to pour in capital. “This activity is mainly to look upon the opportunities of local entrepreneurs to invest here since they would be investing for the future of our Bangsamoro people,” he said. The SGA comprises the 63 villages in six towns of North Cotabato that opted to join the BARMM during the two-part plebiscite held in January BANANA/PAGE 7
for tournaments leading to the next Summer Games, as discussed with Ricky Vargas and Ed Picson, the president and secretarygeneral, respectively, of the Association of Boxing Alliances in the Philippines (ABAP). "I hope you will still support us in our HOPEFUL/PAGE 7 GOOD MORNING, LAKE SEBU. The boat tour of Lake Sebu in South Cotabato is back but minimum health protocols must be observed. The lake tour costs a minimum of 290 pesos per person, which includes breakfast or lunch. mindanews photo by jules l. benitez
DOH releases special risk allowance for CDO nurses, averts mass resignation By FROILAN GALLARDO, MindaNews
THE Department of Health (DOH) in Northern Mindanao (Region 10) has started releasing the Special Risk Allowance (SRA), averting the mass resignation of nurses in hospitals here caring for
COVID-19 patients. Dr. Jose Llacuna, DOH10 director, said the money was already released to the JR Borja General Hospital and the state-owned Northern Mindanao Medical Center
(NMMC), where nurses attending to COVID-19 patients have earlier threatened to resign out of sheer exhaustion and meager pay. Llacuna said the SRA funds would also include nurses in ALLOWANCE/PAGE 7
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