Senator Joel Villanueva on Friday, April 10, welcomed the Bangko Sentral ng Pilipinas ' (BSP) proposal to depend on principles-based framework for salary-based personal loans as doing so actually puts borrowers ' actual capacity to pay as consideration in their lending decisions. ...
Senator Mark Villar has filed a measure calling on government financial institutions to implement loan moratoriums, grace periods and penalty condonation to help Filipinos cope with the rising costs of fuel. Villar filed Senate Resolution No. 366 urging government owned and controlled corporations...
Overseas Filipino workers (OFWs) who were repatriated due to the Middle East conflict may withdraw their savings from the Pag IBIG Fund and avail of the three-month moratorium for their housing loans at the same time, the Department of Human Settlements and Urban Development (DHSUD) said. DHSUD...
The Department of Human Settlements and Urban Development (DHSUD) on Sunday, March 15, welcomed the Department of Agriculture’s (DA) decision to exempt approved socialized housing projects from its land use reclassification moratorium. DHSUD Secretary Jose Ramon Aliling said the move will help...
A bill seeking to prohibit the eviction of tenants during a declaration of a state of calamity or emergency is now being pushed in the Senate. Sen. Sherwin Gatchalian, in pushing for Senate Bill No. 1109, or the proposed “Rental Payment and Eviction Moratorium during Disasters and Emergencies...
In love, they call it the seven-year itch, but the Philippine coal moratorium barely made it to a five-year streak before jumping back into the arms of its toxic ex: King Coal! Missing the ‘dirty play’ that much, huh? It looks like we can’t quit this coal addiction, even as the planet begs...
Quimbo justifies Romualdez's call for 1-year moratorium on PhilHealth premiums Pointing to its surplus of funds, Marikina City 2nd district Rep. Stella Quimbo is prodding the Philippine Health Insurance Corporation (PhilHealth) to...
Senate President Francis “Chiz” Escudero on Friday, December 6 lauded President Ferdinand “Bongbong” Marcos Jr. for signing into law Republic Act Number 10277 or the Student Loan Payment Moratorium During Disasters and Emergencies Act, saying it will help curb the cases of enrollees...
House Speaker Martin Romualdez (Speaker’s office) A big relief for students, particularly those living in disaster-hit areas. That's how Speaker Martin Romualdez described the Student Loan Payment Moratorium During Disasters and Emergencies...
President Marcos has signed into law the Ligtas Pinoy Centers Act and the Student Loan Payment Moratorium During Disasters Emergencies Act which both aim to support families and students affected by calamities. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos signed both laws on...
The Department of Energy (DOE) is still undecided if it will grant the application for certification that will greenlight the planned 1,200-megawatt Atimonan coal-fired power project of Meralco PowerGen Corporation (MGen), the power investment arm of utility giant Manila Electric Company. When...
Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing to take a provocative step as the third company breaking into the regenerated coal plant development gamble, with the targeted revival of its 700-megawatt Saint Raphael power project in Batangas that will likely command an...