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PHILIPPINE BANKS CAUTIOUS DUE TO SLOWING ECONOMY: BANK EXEC.
DAVAO CITY, Oct 1 Asia Pulse - The picture of economic uncertainty has generally slowed down loan performance in banks, a bank executive said.
Lorna Lao, president of the Davao City Bankers Association, said however that banks are trying their best to level off in the wake of a sluggish economy.
She said banks have become less aggressive this time in terms of their loan performance, saying that banks are cautious in granting loans when business is generally slowing down.
"Banks have at least 70 per cent retention in terms of loan performance," Lao said, clarifying that the economic slowdown is a global problem.
The continuing economic slowdown has prompted banks to stick on collateral as a major requirement for loans. ...
- PHILIPPINES' DAVAO CITY SEEN AS EMERGING OFFSHORING SITE.
- News wire article from: AsiaPulse News June 5, 2008 700+ words
DAVAO CITY, June 5 Asia Pulse - A recently concluded...Offshoring Leadership Study revealed that Davao City in the Mindanao Region of the Philippines...participated in the study are very bullish about Davao City, primarily due to the area's larger...
- DAVAO CITY SHIFTS ITS TOURISM PROMOTION STRATEGY.
- News wire article from: AsiaPulse News June 17, 2005 700+ words
DAVAO CITY, June 17 Asia Pulse - Tourism industry...shifted their promotional strategy for Davao City in light of the unabated summary killings...tourism leaders have decided to sell Davao City as a sports destination during a selling...
- Davao City eyed as site of plush Korean village.(Tourism)
- Newspaper article from: Manila Bulletin April 6, 2006 700+ words
...agents and tourism investors are eyeing Davao City as the site of a high-end Korean residential...retirement. "We were delighted to learn that Davao City alone had three golf courses and several...lack of direct flights from Korea to Davao City, which he described as a major ...
- Davao city to go into educational package tours.(Tourism)
- Newspaper article from: Manila Bulletin November 7, 2003 700+ words
...successful Kadayawan Festival celebration in Davao City last August, the flamboyant and dynamic Davao City Tourism Officer Id Acaylar is back in the...will include educational tours covering Davao City and neighboring provinces. The three...
- Two Manila-based big call centers to invest in Davao city.
- News wire article from: Philippines News Agency July 16, 2009 700+ words
DAVAO CITY, July 16 (PNA) -- Two Manila-based big call centers are coming to Davao City this year, this was announced recently by...Fournier, Information and Communication (ICT) Davao City board adviser. However, Fournier declined...
- JETRO EXEC SEES DAVAO CITY AS GOOD SITE FOR BPO.
- News wire article from: AsiaPulse News May 14, 2009 700+ words
DAVAO CITY, May 14 Asia Pulse - A senior investment...External Trade Organization (JETRO) eyed Davao City as good for business process outsourcing...new generation might know it for now. Davao City was named as Little Tokyo during the...
- Japan remains top trading partner of Davao City last year--DCIPC.
- News wire article from: Philippines News Agency November 5, 2009 700+ words
DAVAO CITY, Nov. 5 (PNA) -- The Davao City Investment Promotion Center (DCIPC) data showed that Japan...value crops like cavendish bananas and pineapples grown in Davao City and its neighboring provinces, he said. Teo said next on...
- 133 Davao City barangay heads buck 'war exercises'.(Provincial News)
- Newspaper article from: Manila Bulletin September 24, 2004 700+ words
Byline: GIL M. ABARICO DAVAO CITY One-hundred-thirty three barangay...consultation, said he was proud of Davao City for having made history as the first...Visiting Forces Agreement announced that Davao City is one of the possible venues of...