If the government will ease quarantine restrictions for vaccinated people, it should also permit individuals who have recovered from the coronavirus disease (COVID-19) to do more non-essential activities since they have "natural immunity." Dr. Ted Herbosa, special adviser of National Task Force...
The Development Bank of the Philippines (DBP) granted a P115-million term loan to install six solar-powered irrigation systems (SPIS) in Taraka, one of the largest municipalities in Lanao del Sur. The SPIS will irrigate 1,200 hectares of agricultural lands and provide potable water to 26 barangays...
The Development Bank of the Philippines (DBP) just gained the distinction of becoming the second local institution and one of 10 foreign ones accredited by the United Nations-backed Green Climate Fund (GCF) for climate mitigation and adaptation initiatives in developing countries. This allows the...
The Development Bank of the Philippines (DBP) Friday, (June 18) unveiled a P12 billion credit facility to boost pork production. The bank works closely with the Department of Agriculture (DA) and stakeholders in the hog industry to increase pork production to meet consumer demand and stabilize the...
The Development Bank of the Philippines (DBP) and the Local Government of Manila today, May 21, signed a P10 Billion 15-year term loan agreement to fund public infrastructure projects in the capital. Specifically, the city government will use the fund to build school buildings in three districts,...
Dr. Teodoro J. Herbosa resigned from his post as the executive vice president of the University of the Philippines (UP) System due to “personal reasons,” the university announced Sunday, April 25. Dr. Ted Herbosa (Ted Herbosa’s Facebook) In a statement, the university said UP President Danilo...
National Task Force (NTF) Against COVID-19 Adviser Ted Herbosa apologized for his "death by community pantry" tweet which drew flak online. Dr. Ted Herbosa (Ted Herbosa's Facebook) On Friday, April 23, Herbosa reacted to reports of a senior citizen who succumbed to a heart attack while in line at a...
The Development Bank of the Philippines (DBP) granted a P100-million revolving credit line to Centro Manufacturing Corporation (CMC) to finance its assembly of truck bodies, automotive parts and accessories. The loan will support the production of 3,000 units of various types of trucks and...
The Development Bank of the Philippines (DBP) needs to change its charter and triple its authorized capital from P35 billion to P100 billion to broaden its credit assistance to priority sectors. “The proposed amendments to the DBP Charter would be a boon to our efforts to undertake...
The Development Bank of the Philippines (DBP)'s loan portfolio grew 13.91 per cent to P374.85-billion for the first nine months of the year, with the bulk, or P175.72-billion, going to the infrastructure and logistics sector, announced DBP President and Chief Executive Officer Emmanuel G. Herbosa....
The Development Bank of the Philippines (DBP) signed a P5.7-billion long-term loan agreement with a subsidiary of the country's biggest steel manufacturer, Compostela Steel Inc. (CSI), for the construction of its largest facility in Compostela, Cebu. CSI, a subsidiary of Steel Asia Manufacturing...
