Pag-IBIG Fund financed 8,471 socialized homes for minimum-wage and low-income members amounting to ₱3.67 billion in the first half of 2022, its top officials said Wednesday (July 20). Socialized home loans make up 19% of the total number of housing loans financed by the agency from January to...
Batangas 6th district Rep. Ralph Recto is worried that the available National Disaster Risk Reduction and Management Fund (NDRRMF), otherwise known as the calamity fund, may be "insufficient for rehabilitation work". The damage caused by the July 27, 2022 earthquake in Abra "We are just in the...
It is every Filipinos dream to have their own home. It’s the reason why many make the sacrifice of leaving their family to work overseas. Unfortunately, being an OFW still isn’t a guarantee that you could fulfill that dream in just a few years. But what if you can own a home by paying the same...
Pag-IBIG Fund again surpassed its own record by releasing over P40 billion in home loans in the first five months of 2022, top officials announced on Tuesday (June 28). From January to May, the agency released home loans worth P40.41 billion, the highest ever amount released during the first five...
Outgoing Senator Francis “Kiko” Pangilinan on Tuesday, June 14 said there is a need to amend Republic Act No. 11524 or the Coconut Farmers Industry Trust Fund Act in order to ensure that farmers are well-represented. Pangilinan noted that the committee mandated to oversee the disbursement of...
Opposition Senator Risa Hontiveros on Thursday, June 9 expressed belief that any amount of disinformation and historical revisionism would change the facts that the coco levy funds that were intended to develop during the time of the late dictator Ferdinand Marcos were plundered. Hontiveros made...
The University of the Philippines Los Baños (UPLB) received a new scholarship fund for its indigent students from the campus' industry partners. Photo from the University of the Philippines Los Baños (UPLB) website The five subsidiaries of Active Group of Companies (AGC), with its founder and...
The Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) has sealed a loan to the Philippines to finance the engineering services for the Panay-Guimaras-Negros Island bridges project. In a statement, the Department of Finance (DOF) said that the Philippines and Korea...
Farming, they say, is a huge gamble. With farmers saddled with debt even before they till the soil, they can only hope to literally reap everything they’ve sown. Crop damage is not an option. But this is exactly what befell 40-year-old vegetable grower Celeste Naguiat of Floridablanca, Pampanga....
The Paranaque City government was recognized by the Pag-IBIG Funds as one of the top employers in the National Capital Region (NCR) in the first half of 2021. Mayor Edwin Olivarez thanked the Pag-IBIG Funds after receiving the plaque of recognition for the city government, which was signed by Acmad...
71235 This year, Grab Philippines has allocated P25 million in Assistance Fund to help driver and delivery partners overcome the impact of natural calamities and ongoing macroeconomic conditions, the company announced Friday, March 11. The Partner Assistance Fund will be "in the form of...
Following the massive spike in oil prices on Tuesday, March 8, Senate bet Harry Roque listed some short term, medium term, and long term measures that the government can follow to help mitigate the price surge's effects on consumers. Senate bet Harry Roque (FILE PHOTO) On March 8 , gasoline prices...
