President Marcos has appointed Maria Lourdes Doria-Velarde as acting member of the Board of Trustees of the Home Development Fund (Pag-IBIG), representing the private employers’ sector. Malacañang made the announcement on Monday, Feb. 12. Doria-Velarde replaces Mylah Roque, who was appointed to...
House Speaker Martin Romualdez (left), Makati City 2nd district Rep. Luis Campos Jr. (Facebook) A vice chairman of the House Committee on Appropriations has credited Speaker Martin Romualdez for the significant increase in the earmarked Cancer...
The Home Development Mutual Fund, or the Pag-IBIG Fund, has recorded P126.04 billion in home loans in 2023, the loans were reported to have financed a total of 96,848 housing units for its members. Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino Acuzar said the...
The Marcos administration plans to expand the distribution of solar-powered irrigation systems, aiming to provide a consistent water supply to an additional 180,000 hectares of rice paddies, the Department of Agriculture (DA) said. In a statement Saturday, Feb. 3, the DA said that President Marcos...
The Department of Finance (DOF) reported that the Social Security System (SSS) collected nearly P80 billion from its Workers’ Investment and Savings Program (WISP) as of last year. The DOF said that since its inception in 2021, WISP, a mandatory provident fund scheme, has accumulated a total of...
The Bureau of the Treasury is set to disburse the P75 billion seed capital to the Maharlika Investment Corp. (MIC) sourced from the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). This decision comes following the approval by the MIC Board, chaired by Finance...
In my five years of experience in the real estate industry, I've observed a growing trend among investors who prefer acquiring properties without paying in cash. Developers are increasingly offering pre-selling projects, allowing buyers to lock in prices and make manageable monthly payments....
Vice President and Education Secretary Sara Duterte on Thursday, Jan. 25, announced the establishment of a Calamity Fund for public school teachers to provide them with immediate financial assistance during disaster situations. (Photo courtesy of DepEd / File Photo / MANILA BULLETIN) Duterte made...
House Speaker Martin Romualdez (Speaker’s office) The House Speaker Martin Romualdez-led Philippine delegation to this year's World Economic Forum (WEF) have successfully drummed up interest for the country and its nascent Maharlika Investment Fund...
House Speaker Martin Romualdez (Speaker’s office) With its unique demographic advantage, ongoing economic reforms, and synergy with the Association of Southeast Asian Nations (ASEAN), the Philippines makes for an ideal destination for foreign investment,...
Senator Jinggoy Ejercito Estrada on Friday, January 19 vowed to exhaust all legal options available to him to after the Sandiganbayan acquitted him of plunder but found him guilty of direct and indirect bribery in the so-called pork barrel fund scam. Estrada said he is surprised at the...
House Speaker Martin Romualdez (2nd from right) tells potential foreign investors at the World Economic Forum (WEF) in Davos, Switzerland that now is the time to invest in the Philippines' Maharlika Investment Fund. (Speaker’s office) House Speaker...
