From January to April 2024, Pag-IBIG Fund released P22.63 billion in cash loans, benefiting 965,291 members, according to agency officials. This is a 38% increase over the P16.44 billion releases in the same period of 2023, assisting nearly 200,000 more members than the previous year’s 766,258. “We are happy that Pag-IBIG Fund continues to serve …
BUSINESS
Pag-IBIG Fund’s new love language: LAB for All
Pag-IBIG Fund rolled out its Lingkod Pag-IBIG on Wheels (LPOW) during the Lab For All at the Subic Bay Exhibition & Convention Center last 21 May 2024. The Lab for All, an initiative led by First Lady Liza Araneta-Marcos, aims to extend medical services and social security benefits to communities nationwide. As part of …
Pag-IBIG Members save record-high P28.75B in Q1 2024, up 36%; MP2 Savings reach P15.56B, up 48%
In the first quarter of 2024, Pag-IBIG Fund members collectively saved a record P28.75 billion, setting the highest amount ever saved in the agency’s history during a first quarter, according to top officials. This represents a 36% increase—roughly P7.66 billion more than the P21.09 billion saved during the same period in 2023. Part of the …
Pag-IBIG Fund reports record-high P28.09B housing loan releases for Q1 2024
Pag-IBIG Fund’s home loan releases in the first quarter of 2024 reached P28.09B— the highest amount released by the agency for any January to March period in its history, its top officials announced during the North Luzon leg of the Stakeholders Accomplishment Report (StAR) last May 10 (Friday). From January to March, the amount of …
4PH Pambansang Pabahay borrowers to benefit from program subsidies – DHSUD, Pag-IBIG Fund execs
The Pambansang Pabahay Para sa Pilipino Housing (4PH) Program – the government’s flagship housing project provides affordably-priced homes and lower monthly amortization costs through various subsidies for Filipino workers who are members of Pag-IBIG Fund, the Department of Human Settlements and Urban Development (DHSUD) together with Pag-IBIG Fund executives announced last May 1, Labor …
Park Inn by Radisson raises the culinary bar in Bacolod and Iloilo with new chef appointments
Park Inn by Radisson proudly announces the appointment of two culinary virtuosos to spearhead its gastronomic endeavors in Bacolod and Iloilo. Chef Rufino “Fines” Dungca Jr. assumes the role of Executive Chef at Park Inn by Radisson Bacolod, while Chef Diego Trillana steps into the position of Executive Sous Chef at Park Inn by Radisson …
RMCI Grand Opening of State-of-the-Art Emergency Room Marks Milestone in Healthcare
Bacolod City, March 22, 2024 – In a significant stride towards enhancing and improving its healthcare services, the Riverside Medical Center, Inc. (RMCI) proudly announces the grand opening of its new and vastly improved Emergency Room. This state-of-the-art facility promises to revolutionize emergency medical care delivery in the province. Featuring cutting-edge equipment, advanced technology, and …
PBBM lauds Pag-IBIG for record-high P48.76B dividends declared for members in 2023
President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund anew as the agency declared P48.76 billion in dividends to be distributed to its members as earnings on their savings in 2023, the highest in its 43-year history. For 2023, Pag-IBIG Regular Savings earned an annual dividend rate of 6.55 percent while the Modified Pag-IBIG 2 …
Bacolod City Experiences “Everyday Lush Living” with the Grand Launch of SMDC’s Parkville
Bacolod City, known as the “City of Smiles,” witnessed the grand launch of Parkville by SMDC, marking a pivotal moment in the real estate landscape of the city. The 52-hectare master-planned residential subdivision is the real estate giant’s first venture in the lots-only space, catering to a broader market of prospective home seekers. Parkville’s grand …