Tag: #loan
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Cong Teves reacts to House passage of pet bill
The House of Representatives recently approved on third and final reading a pet measure of Negros Oriental 3rd district Rep. Arnie Teves.
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France extends P9-B loan for climate action
France has provided the Philippines nearly P9 billion (150 million euros) as policy-based loan assistance for the country’s climate actions and green recovery from Covid-19.
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GUIDE bill gets penultimate House approval
The first bill filed in the House of Representatives in the 19th Congress has been approved on second reading by congressmen.
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China says construction of three railway projects ‘well underway’
The construction of three big-ticket railway projects in the Philippines, which was recently bared to have been withdrawn, under loan agreement with China will push through.
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China approves $350-M loan for Samal Island-Davao City Bridge
China has approved the Philippines’ $350-million loan for the construction of the P19.32-billion Samal Island-Davao City Connector (SIDC).
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GSIS announces P113-M loan collection via partnership with Bayad
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.
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Bautista's proposed loan package for MSMEs comes with an honorable condition
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.
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GSIS to offer up to P5-M loans soon
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.
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South Korea grants US$100-million loan to PH for COVID vax program
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.
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GSIS offers enhanced pension loan for old-age pensioners
The Government Service Insurance System (GSIS) announced on Tuesday, Nov. 30 that their improved pension loan can now be availed by old-age pensioners.
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BSP okays $2.8-B foreign loans in Q2
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.
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LANDBANK’s loans, cash grant releases to farmers, fishers hit P13 B
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.
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P65B in multi-purpose loans granted by GSIS
Over 250,000 members of the Government Service Insurance System (GSIS) were able to avail of Multi-Purpose Loan (MPL) since last year.
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Gatchalian pushes bill for increased protection against financial fraudsters
Senator Sherwin Gatchalian is seeking to protect consumers from the fraudulent schemes of some financial service providers and unscrupulous individuals.
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Japan to release additional 20 billion yen loan for PH COVID-19 response
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.
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LANDBANK to consider revisiting loan application requirements
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.
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ADB urged to increase loan portfolio
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.
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Borrow away! DA encourages youth, farmers, fishers to avail of agency loan offers
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.