Bicol Saro Party-list Rep. Terry Ridon sees a "continuing pattern" of alleged misuse when it comes to confidential funds earmarked for the Office of the Vice President (OVP), particularly under impeachment respondent, Vice President Sara Duterte. This, after Ridon cited on Monday, April 20 a new...
Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta addresses participants during the consultative meeting for Project BALAY: Bridging Access to Learning, held on April 15, 2026, at the CHED Auditorium in Quezon City. The initiative, a strategic partnership between Pag-IBIG Fund and the...
Developing economies including the Philippines are pressing the World Bank Group (WBG) to help reduce borrowing costs as the economic fallout from the Middle East conflict drives up oil prices, disrupts supply chains, and threatens growth and food security. In an April 16 statement delivered before...
Multilateral development banks (MDBs) are stepping up coordination to cushion economies from the spillover effects of the Middle East conflict, citing rising energy costs, supply chain disruptions, and tighter financial conditions as immediate risks to growth and stability. In an April 17 joint...
The International Monetary Fund (IMF) urged the Philippines to exercise fiscal discipline and prioritize targeted spending as the country’s debt ratio is projected to breach a critical threshold this year amid volatile global energy markets. The Washington-based lender expects the general...
The International Monetary Fund (IMF), the World Bank (WB), and the Asian Development Bank (ADB) have, one after another, downgraded the country’s growth projections. This is largely due to the devastating effects of the ongoing Middle East conflict. These multilateral financial institutions...
Malacañang has committed to study proposals to suspend pension premium contributions for members of state-run pension funds. While the Palace made the pronouncement, the Social Security System (SSS), Government Service Insurance System (GSIS), and Pag-IBIG Home Development Mutual Fund have...
Stagflationary pressures are building in the Philippines as swift and pronounced spillovers from the Middle East conflict prompt the International Monetary Fund (IMF) to slash its growth forecast while anticipating above-target inflation. According to the IMF’s April 2026 World Economic Outlook...
State-owned Development Bank of the Philippines (DBP) has been named the top disbursement partner for the Pag-IBIG Fund’s digital payment initiatives, reinforcing the lender’s role in streamlining the financing pipeline for the nation’s housing sector. The Pag-IBIG Fund, officially known as...
Murang Kuryente Party-list Rep. Arthur Yap has suggested what he described as a "more intelligent" use of the Maharlika Investment Fund (MIF) amid the economic hardships that the country is going through due to the fuel price crisis. Yap made this pitch during the first marathon hearing of the...
In adherence to the directive of President Ferdinand R. Marcos Jr. to provide timely and meaningful assistance to overseas Filipino workers affected by the conflict in the Middle East, Department of Human Settlements and Urban Development Secretary Jose Ramon P. Aliling, who also chairs the...
Overseas Filipino workers (OFWs) who were repatriated due to the Middle East conflict may withdraw their savings from the Pag IBIG Fund and avail of the three-month moratorium for their housing loans at the same time, the Department of Human Settlements and Urban Development (DHSUD) said. DHSUD...
