BUSINESS

  State-owned Development Bank of the Philippines (DBP) has inaugurated its Puerto Princesa Lending Center in line with its continuing efforts to expand its development lending activities especially in the countryside and assist in the National Government’s financial inclusion initiatives. Photo shows DBP President and Chief Executive Officer Michael O. de Jesus (left) during the …

Pag-IBIG Fund members collectively saved P66.73 billion during the first nine months of 2023, up by P6.3 billion or 10% year-on-year, as more members contributed more than the required Pag-IBIG monthly savings, agency officials announced Monday (23 Oct). “We are happy that more Filipino workers are saving with Pag-IBIG Fund. The trust and confidence in …

  Home loan releases of Pag-IBIG Fund in the last three quarters have grown to P88.30 billion as demand remains strong, agency officials announced Wednesday (11 October). The amount of home loans released grew by almost P5 billion or 6 per cent compared to the P83.31 billion in home loans released in the same period …

IN A SPAN of only three months after Pag-IBIG Fund entered partnerships with the country’s top transport networks to provide better access to its membership, 13,128 delivery drivers and riders have registered as Pag-IBIG members and now enjoy the agency’s benefits. “We are very happy that a growing number of delivery riders are now part …

Pag-IBIG Fund members collectively saved P59.52B in January to August this  year, growing 11.45 percent year-on-year and setting a new record for the  highest amount saved by members for any January to August period.   “We are happy to see that more Filipino workers recognize the importance of saving  and are choosing to save with Pag-IBIG …

State-owned Development Bank of the Philippines (DBP) has remitted P25 billion to the Bureau of Treasury (BTr), which represents the Bank’s share in the initial seed capital in the Philippines’ pioneering sovereign wealth fund, a top official said. DBP President and Chief Executive Officer Michael O. de Jesus said DBP deposited the amount to the …

Pag-IBIG Fund has released P76.94 billion in home loans in the last eight months, breaking its record on the highest home loan disbursement for any January to August period, agency officials announced on Friday (September 15).  “We are happy to report that Pag-IBIG Fund has once again set a record high in terms of home loan …

THE much-awaited results of the Philippine Amusement and Gaming Corporation’s Photography Contest 2023 were finally revealed today, September 13, with PAGCOR’s announcement of the 24 grand winners from among 5,400 entries nationwide. The 12 winners in the conventional photography category received Php80,000 each in cash prizes, while the 12 winners in the mobile category took …

  Merzci (CM & Sons Food Products, Inc.), the well-loved Bacolod pasalubong brand, celebrates another exciting development with the opening of its newest branch in the East Side of Bacolod City. Merzci East is the company’s 69th branch in the country. This milestone speaks volumes about the company’s success and popularity among its customers. Opening …