CALOOCAN CITY, March 11 (PIA) — State-run Development Bank of the Philippines (DBP) kicked off its fund-raising activities this year through a successful US$300-million, 10-year offshore bond offering and capitalizing on a market that is hungry for safe and higher-yielding investment.
Aboitiz Power casts 12 battery storage projects – Manila Bulletin mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
“The performance of the team in recent weeks and the results have shown us that there was a need for action after discussions with the board, a decision was made to relieve the head coach of his duties as the coach of Kyetume.
“The club looks towards making this notice formal as per section 8.4 of the employment contract, the club appoints coach Alex Isabirye as the caretaker coach.
“We could like to thank Charles Livingstone Mbabazi and his coaching staff for his time and commitment towards Kyetume, and the club wishes him the best in the future.”
Mbabazi took up the Kyetume job in June 2020, after staying clubless for some time when he left Wakiso Giants and was making a return to a club he had handled during their second division days before he sought ‘greener pastures’ at Mbarara City.
Kyetume FC part ways with Mbabazi, name Isabirye in acting capacity Goal 02/03/2021
According to a statement from the club obtained by Goal, the promoted side has terminated the contract of the veteran coach after a poor start to the 2020-21 Ugandan Premier League campaign and named Alex Isabirye Musongola on an interim basis.
“This letter constitutes a notice that Kyetume has terminated the employment agreement of their head coach pursuant to Section 8.2 of the Agreement,” read the statement from the club signed by Chief Executive Officer Emmanuel Musinguzi.
“The performance of the team in recent weeks and the results have shown us that there was a need for action after discussions with the board, a decision was made to relieve the head coach of his duties as the coach of Kyetume.
CALOOCAN CITY, Feb. 27 (PIA) State-owned Development Bank of the Philippines (DBP) is working with the Department of Finance, state regulators and legislators to introduce amendments to its charter as the bank prepares for an expanded role in the economic recovery efforts of the National Government, a top official said.
DBP President and Chief Executive Officer Emmanuel G. Herbosa said the bank hopes to hike its authorized capital from the current P35 billion to P100 billion to enable DBP to broaden its credit assistance to priority sectors, which were adversely affected by the current economic downturn.
“The proposed amendments to the DBP Charter would be a boon to our efforts to undertake more developmental projects especially in the countryside, where these types of economic interventions are most sorely needed,” Herbosa said.