SPEAKING OUT Ignacio R. Bunye I was a young boy studying at the Itaas Elementary School in Muntinlupa, when I first heard the concept of “ bayanihan ”. My social studies teacher used the classic image of neighbors coming together to carry somebody's nipa hut to another patch of farmland to...
Amid an apparent take up of the government micro financing facility, Trade and Industry Secretary Ramon M. Lopez has reiterated his call to all micro small and medium (MSMEs) that wish to restart or to strengthen their business operations to avail of the Bayanihan CARES lending fund....
The Department of Finance (DOF) worked closely with lawmakers last year in providing technical support leading to swift congressional action on legislative measures that aim to rescue businesses, provide emergency assistance to vulnerable sectors and keep the economy afloat amid the crisis arising...
Small Business Corporation or SBCorp., the government’s micro financing arm, has released more than P2 billion or 20 percent yet of the P10 billion allocation under the Bayanihan to Recover as One Act or Bayanihan 2 for the micro small and medium enterprises (MSMEs) as of the first week of...
The Department of Finance (DOF) assured that the government will practice prudence in granting regulatory relief to projects deemed critical to the Philippines’ economic recovery. In a statement, Finance Secretary Carlos G. Dominguez III said the DOF-led committee tasked to identify qualified...
The Department of Budget and Management (DBM) said the government has released funds for the implementation of several coronavirus response programs under the Bayanihan I and Bayanihan II. (JANSEN ROMERO / FILE PHOTO / MANILA BULLETIN) In a statement, Budget Secretary Wendel E. Avisado, said that...
The government through its auditing agency is set to improve its systems to regulate coronavirus-related expenses. Commission on Audit disclosed its plan last week to team up with members of civil society organizations to comply with the procurement regulations mandated under the Bayanihan Act....
The country’s competition watchdog said it remains vigilant to transactions below the significantly lower mandatory threshold merger review of P50 billion even as it focuses on its enforcement function during this period of pandemic. Philippine Competition Commission (PCC) Chairman Arsenio...
GMA Network’s socio-civic arm GMA Kapuso Foundation (GMAKF) fulfills the Kapuso mandate of Serbisyong Totoo via its ‘Operation Bayanihan’ relief operations as thousands of Filipinos across the country are in dire need of help following the onslaught of Super Typhoon Rolly and, most recently,...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
1. The one where citizens offered free load to anyone who needed it. 2. When Kim and Jericho Rosales used their surfboards to help rescuers at a private village adjacent to the Marikina River GOOD SAMARITANS Jericho Rosales and wife Kim Jones helping rescue residents trapped in their homes in...