Senator Cynthia Villar on Sunday questioned the sudden change in leadership happening at the Philippine Center for Postharvest Development and Mechanization (PhilMech), the key agency leading the implementation of the Rice Competitiveness Enhancement Fund (RCEF) program of the government, saying...
Members to earn dividend rate of 5.16% on Regular Savings, 5.66% on MP2 Pag-IBIG Fund netted an income of over P30 billion for the fifth consecutive year in 2021 despite the ongoing pandemic, the agency’s top executive announced on Thursday (Feb.24) during the Pag-IBIG Fund Chairman’s Report....
68513 Cebu Pacific (CEB) urges guests with existing travel funds to use them for booking flights up to one year in advance, before the funds expire. A Travel Fund is the value of CEB bookings stored in a virtual wallet that can be used to pay for any transaction on the CEB website. Aside from...
State-run Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is banking on the country’s economic recovery in bringing down its soured loans to single-digit within one year. Acmad Rizaldy P. Moti, Pag-IBIG Fund chief executive officer, said the company’s non-performing loan (NPL)...
State-run Home Development Mutual Fund, commonly known as PAG-IBIG Fund, reported return to pre-pandemic levels in terms of finance performance last year. Eduardo D. del Rosario, Pag-IBIG Fund chairperson said on Thursday, Feb. 24, that the company’s net income increased 9.5 percent to P34.73...
The inter-agency body tasked to oversee and set the investment strategy of the Coconut Farmers and Industry Trust Fund (CFITF) vowed to optimize the use of the coco levy fund for the benefit of the coconut farmers. In a statement Thursday, Feb. 24, the Department of Finance (DOF) said the Trust...
To further assist teachers and non-teaching personnel with their financial needs, the Department of Education (DepEd) has increased the ceilings on the Provident Fund (PF) loans. (Photo from DepEd) “Even as we are seeing the light at the end of the tunnel of this public health situation, we are...
Amid the ongoing health crisis, Pag-IBIG Fund members still showed preference for the MP2 savings program in 2021 as total savings reached nearly P26-billion, setting yet another record for the amount saved voluntarily by members in a year, agency officials said. In only 12 months, members’...
Former senator and incumbent Sorsogon Governor Francis “Chiz” Escudero has urged the Department of Health (DOH) to ensure that the promised financial aid for cancer patients are easily accessible to all who need it and are not diverted elsewhere. Escudero noted that it has been two years since...
The Asian Development Bank (ADB) will provide support to Filipino families affected by Typhoon Odette in Visayas and Mindanao. In a statement, the Manila-based multilateral institution said on Wednesday, Feb. 9, that it has approved a $2-million grant to support the emergency response to the...
Modified Pag-IBIG 2 jumps 95% to P26-B Pag-IBIG Fund members saved more than P63 billion last year, attaining yet another record-high amid the pandemic, according to agency officials. In 2021, the amount collectively saved by members with Pag-IBIG totaled P63.67 billion — the highest amount in...
Quezon City 5th district representative Alfred Vargas has hit the apparent delay in the Department of Health's (DOH) finalization of the guidelines detailing the Cancer Assistance Fund (CAF) and the promotion of awareness for the National Integrated Cancer Control Act (NICCA). Quezon City 5h...
