After issuing a cease-and-desist order last May, the Securities and Exchange Commission (SEC) has revoked the corporate registration and secondary license of Convenience Cash Lending Corp. (CCLC), doing business under the name and style of Zada Cash and Bloom Cash, for engaging in unfair debt...
BACOLOD CITY – The City Council is seeking to expand its cash incentive program here for senior citizens by lowering the minimum age requirement from 80 to 75 and doubling the program’s annual budget to P10 million. The proposed amendment, authored by Councilor Caesar Distrito and co-authored...
BACOLOD CITY – Mayor Greg Gasataya said that he will maintain the cash reward program initiated by former Mayor now lone district Rep. Albee Benitez aimed at resolving unsolved killings. Gasataya confirmed that the incentive scheme will continue as part of efforts to support local law enforcement...
The Securities and Exchange Commission (SEC) has ordered Convenience Cash Lending Corporation to stop operating its unregistered lending activities, including those under the names Zada Cash and Bloom Cash. In a cease and desist order (CDO) issued on May 27, the SEC Financing and Lending Companies...
The Makati City government announced on Monday, June 16, the passing of an ordinance granting an additional P1,000 in the cash incentive given by the city government to registered senior citizens of the city effective this July. Makati City Mayor Abby Binay inked City Ordinance No. 2025-104,...
BACOLOD CITY – The provincial government of Negros Occidental has released cash incentives totaling P1.3 million to athletes who won medals in the recent Palarong Pambansa 2025 in Ilocos Norte. Gov. Eugenio Jose Lacson, with Dr. Ramir Uytico, Department of Education-Negros Island Region...
CEBU CITY – Nine foreigners and two Filipinos were arrested after they were caught carrying bags filled with cash amounting to close to P500 million at the Mactan-Cebu International Airport (MCIA). BUNDLES of cash stuffed in seven luggages were recovered from nine foreigners and two Filipinos at...
Despite surging to ₱478.8 billion in the first quarter of 2025, the national government expects the full-year budget gap to stay within the ₱1.5 trillion target, citing expected non-tax revenues and a more balanced expenditure rollout in the coming months. Data from the Bureau of the Treasury...
The Marcos administration posted a ₱171.4-billion budget deficit in February 2025, as the government had spent more than it earned, according to the Bureau of the Treasury (BTr). February’s deficit reversed the over ₱68-billion seasonal surplus seen in the previous month. It was also higher...
BASCO, Batanes – LANDBANK, in partnership with the provincial government of Batanes, is leading this province’s shift towards a cash-lite economy by expanding access to innovative digital payment solutions. BUSINESS owners and vendors in Batanes now accept payments through a Quick...
(MANILA BULLETIN) Camarines Sur 2nd district Rep. LRay Villafuerte has welcomed the rollout of the P10,000 cash gift to elderly beneficiaries of a 2024 law granting the bonanza to all senior citizens once they reach 80, 85, 90 or 95 years of...
The national government posted a ₱68.4 billion surplus in January 2025 as revenues outpaced spending, according to the Bureau of the Treasury (BTr). However, the January 2025 surplus was smaller than the ₱88 billion recorded in the same month in 2024. Last year, only January, April, and...
