Murang Kuryente Party-list Rep. Arthur Yap has suggested what he described as a "more intelligent" use of the Maharlika Investment Fund (MIF) amid the economic hardships that the country is going through due to the fuel price crisis. Yap made this pitch during the first marathon hearing of the...
In adherence to the directive of President Ferdinand R. Marcos Jr. to provide timely and meaningful assistance to overseas Filipino workers affected by the conflict in the Middle East, Department of Human Settlements and Urban Development Secretary Jose Ramon P. Aliling, who also chairs the...
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...
Multilateral lenders including the Asian Development Bank (ADB), the International Monetary Fund (IMF), and the World Bank Group (WBG) are moving to provide immediate financing and coordinated support to countries reeling from the economic fallout of the Middle East war. In a statement on...
Pag-IBIG Fund said it shall maintain its 3% annual interest rate for qualified socialized housing loans under the Expanded Pambansang Pabahay para sa Pilipino Program, keeping homeownership affordable at a time when the conflict in the Middle East continues to unsettle global oil markets and drive...
Senator Imee Marcos called on the Social Security System (SSS), Government Service Insurance System (GSIS), PAG-IBIG, and the Philippine Health Insurance Corp. (PhilHealth) to implement a temporary suspension of collections. Marcos is also pushing for a loan moratorium to ease the mounting burden...
Megawide Construction Corp. reported a 15-percent growth in its order book to ₱50 billion by the end of 2025, boosted by its expanded Pambansang Pabahay Para sa Pilipino (4PH) projects supported by Home Development Mutual Fund (HDMF) or Pag-IBIG Fund. The firm informed the Philippine Stock...
Malacañang rejected claims that the recent Local Government Support Fund (LGSF) release was a venue to distribute pork barrel funds to influence local government officials ahead of the barangay and 2028 elections. Presidential Communications Office Undersecretary Claire Castro said this after ACT...
League of Cities of the Philippines (LCP) National President and San Juan City Mayor Francis Zamora expressed his gratitude to President Ferdinand "Bongbong" Marcos Jr. and his administration for their steadfast support to local governments across the country, particularly with the passing of the...
President Marcos has raised the Local Government Support Fund (LGSF) to a record-high P58 billion for 2026 and ordered the faster, more direct release of funds to local government units (LGUs), saying delays in the past have hampered urgently needed projects in communities. Speaking at the launch...
Megawide Construction Corp. is aiming to build as much as 100,000 socialized housing units valued at ₱180 billion under the government’s flagship housing program, as the company scales up its industrial pre-cast capabilities to address a chronic national shortage. Megawide Chairman and Chief...
Nestled in the lush landscape of Tanay, Rizal, Townhill Tanay presents Filipino families with affordable, sustainable, and cost-efficient housing. According to Lhoopa, the proptech firm behind the project, the subdivision is certified under the Excellence in Design for Greater Efficiencies (EDGE)...
