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The House of Representatives recently approved on third and final reading a pet measure of Negros Oriental 3rd district Rep. Arnie Teves.

France has provided the Philippines nearly P9 billion (15​0​ million euros) as ​policy-based ​loan assistance for the country​’s​ climate actions​ and green recovery from Covid-19.​

The first bill filed in the House of Representatives in the 19th Congress has been approved on second reading by congressmen.

The construction of three big-ticket railway projects in the Philippines, which was recently bared to have been withdrawn, under loan agreement with China will push through.

China has approved the Philippines’ $350-million loan for the construction of the P19.32-billion Samal Island-Davao City Connector (SIDC).

Ten months after its partnership with Bayad (former Bayad Center), state pension fund Government Service Insurance System (GSIS) has already gathered a total of P113 million worth of loan payments.

If he would have his way, senatorial candidate Herbert “Bistek” Bautista would provide loan packages worth P100,000 to micro, small, and medium enterprises (MSMEs) that were battered by the economic impact of the Covid-19 pandemic.

A program that offers a credit limit of P5 million will soon be made available to members of the Government Service Insurance System (GSIS), having a maximum payment term of 10 years and relaxing the borrowers’ eligibility requirements.

The Philippines and South Korea signed on Friday, Dec. 17, an agreement for a US$100-million loan intended to boost the country’s coronavirus disease (COVID-19) vaccination program.

The Government Service Insurance System (GSIS) announced on Tuesday, Nov. 30 that their improved pension loan can now be availed by old-age pensioners.

The central bank’s Monetary Board has approved $2.8 billion worth of government or public sector foreign borrowings in the second quarter this year, down by 59 percent from same time in 2020 of $6.84 billion.

The Land Bank of the Philippines (LANDBANK) had so far released more than P13 billion in loans and cash grants to nearly a million farmers and fishermen for this year, the bank’s latest data showed.

Over 250,000 members of the Government Service Insurance System (GSIS) were able to avail of Multi-Purpose Loan (MPL) since last year.

Senator Sherwin Gatchalian is seeking to protect consumers from the fraudulent schemes of some financial service providers and unscrupulous individuals.

President Duterte and Japanese Prime Minister Yoshihide Suga on Wednesday held a telephone summit to discuss among others the impending release of the JY20 billion (roughly P9 billion) Post-Disaster Standby Loan to the Philippines, the status of the subway and railway projects in Metro Manila and China’s aggressive actions in the South China Sea.

Amid the pending amendments to the Agri-Agra Reform Credit of 2009 (Agri-Agra Law), the Land Bank of the Philippines (LANDBANK) said it is open to revisiting its existing loan application requirements to make it easier for farmers and fishermen to borrow from the state-run bank.

The Asian Development Bank (ADB) is urged to substantially expand its loan portfolio in the next five years to support the swift recovery of its developing member-countries from the global economic shock of the pandemic.

Young entrepreneurs, small-scale farmers, and fisherfolks who were affected by the coronavirus disease (COVID-19) pandemic were prodded to avail of the Department of Agriculture’s (DA) loan offers to help them recover and get out of the doldrums.