Up 27%; MP2 Savings surpass P33B, up 57% Pag-IBIG Fund members have saved more than P66 billion in the last 10 months, breaking yet another record for the period and exceeding all prior full year figures, top agency officials announced on Monday (November 14). From January to October, the amount...
The Senate minority bloc has vowed to move for the realignment of the confidential and intelligence (CIF) funds under the Office of the Vice President (OVP) and the Department of Education during the period of amendments of the proposed P5.268-trillion national budget for 2023. Both the budget of...
NUSA DUA, Indonesia -- G20 health and finance ministers launched a $1.4-billion fund Sunday to tackle the next global pandemic ahead of the bloc's leaders gathering for a summit on the Indonesian resort island of Bali but the host's president said it was not enough. US Treasury Secretary Janet...
Senate Minority Leader Aquilino "Koko" Pimentel III on Wednesday, November 9 sought the realignment of the Marcos administration’s P9.3-billion intelligence and confidential funds (CIFs). If this is not possible, Pimentel said these funds should be used for food, ‘ayuda’ (financial...
A hospital facility for overseas Filipino workers (OFWs) and a sovereign fund to help them manage their finances better might be in the works if all goes well in the scheduled meeting between Kabayan Party-list Rep. Ron Salo and Department of Migrant Workers (DMW) Secretary Susan “Toots” Ople....
Jaya took to social media recently to thank the many kind people who helped her and her family financially after they lost their house in a fire. A friend, Allan Pajimula, created a Go Fund Me page for the singer and her family with their consent. None too soon, help came in droves, enabling them...
Senator Win Gatchalian wants local government units (LGUs) to have more options in using their funds dedicated for disasters by filing a measure to amend existing laws.. Gatchalian filed Senate Bill 939, which seeks to amend the Philippine Disaster Risk and Reduction Management Act to broaden...
Pag-IBIG Fund posted earnings of ₱20.48 billion in the first half of 2022, an impressive 27% increase compared to the same period last year, its top officials reported on (Monday, 08 August). From January to June, Pag-IBIG Fund’s gross income reached ₱32.19 billion, while net income amounted...
Department of Education (DepEd) Undersecretary Epimaco Densing III sought from the House of Representatives Wednesday, Aug. 10 the passage of three proposed laws from the agency’s legislative agenda. DepEd Undersecretary Epimaco Densing III (Screenshot from Zoom) Densing led the DepEd officials...
Top executives of Pag-IBIG Fund announced on Monday (August 01) that the agency has initially allocated ₱3 billion in calamity loan funds for members in calamity-stricken areas, including those affected by the strong earthquake that hit North Luzon. “Pag-IBIG Fund has allocated calamity loan...
Camarines Sur-based congressmen are batting for a three-year Covid-19 pandemic recovery program would allow the release of P500 billion each year as a form of economic stimulus. Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte led the...
State-run Government Service Insurance System (GSIS) expressed willingness to manage the military and uniformed personnel (MUP) pension fund once it is enacted into law. Jose Arnulfo “Wick” Veloso, GSIS president and general manager, said pension fund is open to cooperate with the national...