Green Bank moving Siargao branch

Green Bank Inc. (A Rural Bank) will be relocating its Dapa branch in this island resort to the more populous market place and port area to accommodate its demanding client base as well as expanding micro-borrowers. The new branch will be completed by March next year. The pres…

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A different kind of surfing in Siargao

To a first-time visitor, Siargao, the Philippines’ surfing capital, is a study in contrasts. Passengers disembarking from the port of Dapa after a three-hour ferry ride from mainland Surigao del Norte will immediately notice a cell site looming from a hilltop and dwarfing ho…

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SB Corp hikes microloans

The Small Business Corp. (SB Corp.) has released a total P 176.8 million in loans to rural micro enterprises in 10 of the country’s poorest provinces. Of this total P118.4 million was funded under the Rural Micro-Enterprise Promotion Program (RuMEPP). RuMEPP, a seven-year pr…

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Summer energies unleashed

Summer is the best time to explore and experience new fun activities. Whether indoors or outdoors, the possibilities are endless when it comes to summer fun. The most common summer activity is undoubtedly swimming in sandy beaches or in sparkling pools. Under the scorching h…

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Kidnapped Filipino-Chinese banker freed in southern philippines

A wealthy Filipino-Chinese banker kidnapped by armed men last month in southern Philippines has been released after ransom was allegedly paid, local police said today. The victim, Johnson Cuiting, president and owner of Rural Bank of Placer in the southern city of Surigao,…

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One Network Bank to open new branch in Surigao City

The One Network Bank (ONB) is looking to expand by 19 percent growth in net earnings for 2009, or from P244 million last year to P288 million. “ONB remains upbeat for this year despite the global crisis considering credit demand will remain strong with our participation in t…

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13 killed in NPA clashes in Surigao

June 30, 2008 - At least four government troops and nine New People’s Army (NPA) rebels were killed in a spate of encounters in different parts of Surigao del Norte starting Saturday night, particularly on Siargao Island, a famous international surfing site. Army Maj. Armando…

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