Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Reading, in this day and age, has become even more important In the Philippines, National Reading Month is celebrated every November. The notion of commemorating reading and learning in the country started out in 2011, after former education secretary and Lasallian brother Armin Luistro declared...
The Bangko Sentral ng Pilipinas (BSP) is set to print the first five million of the national ID cards this year, beginning in November. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno ( Bloomberg ) “Finally, it will soon to be a reality,” said BSP Governor Benjamin E. Diokno after...
The governments of the Philippines and Japan will proceed with their high-level discussions on the progress of the Tokyo-funded infrastructure projects under the "Build, Build, Build" program despite the ongoing pandemic, Department of Finance (DOF) said. In a statement, DOF said the...
Coca-Cola Beverages Philippines, Inc. (CCBPI)—the bottling arm of Coca-Cola in the country—has expanded its Balik Pinas program to national scale to reach more repatriated overseas Filipino workers (OFWs) and help them start their own business at home. Gareth McGeown, CCBPI President and CEO....
With the Bayanihan to Recover as One Act (RA 11494) signed into law, a P10- billion fund has been allotted to The Small Business Corporation (SBCorp), the government’s micro financing arm. SBCorp announced it will start rolling out on Monday, October 26, the P10-billion fund to ensure...
Trade and Industry Secretary Ramon M. Lopez has proposed to share P4 billion out of the P10 billion allocation from the Bayanihan 2 as soft loans to micro, small and medium enterprises (MSMEs) to pay for the 13th month pay of their workers. This was revealed by Department of Labor and Employment...
San Miguel Corporation (SMC) is providing its workforce with bicycles as an alternative transport mode amidst continued travel restrictions nationwide. The conglomerate's program subsidizes bicycles for employees at P2,000 to P3,000 per unit, payable in 12 months, with no interest. San Miguel...
If you’re like most caring and loyal pet owners during this lockdown, you’ve probably found yourself struggling with loads of questions like, “How often should my pet eat?” “How often should my dog take a bath?” “Is my cat sick, sleepy, or just ignoring me?” only to be left...
The National Broadband Program (NBP) of the Department of Information and Communications Technology (DICT) will save the government P720 million in Internet expense by next year. But if DICT gets its additional budget request of P17 billion for 2021, NBP's second Phase can save the state as...
State-run Government Service Insurance System (GSIS) announced the reopening of its COVID-19 Emergency Loan program to members and pensioners. In a statement, Rolando Ledesma Macasaet, GSIS president and general manager, said the COVID-19 Emergency Loan program is accepting applications beginning...
The Department of Energy (DOE) is offering another petroleum block to interested investors, this time the prospect straddles offshore Cotabato basin in Mindanao. The block, according to the department, was nominated by an investor-group and it will be placed on a 60-day competitive challenge before...
