Pag-IBIG Fund announced on Friday (24 November) that the agency’s calamity loan is ready to help members affected by the Southern Mindanao earthquake and Eastern Visayas Floods. “Pag-IBIG Fund has allocated calamity loan funds to help affected members in Saranggani, Davao Occidental, Glan, Sarangani Province, General Santos City and other parts of Mindanao, as well …
BUSINESS
Megastar Sharon Cuneta proves that her Dear Heart is in show business
With a career that spans decades, Megastar Sharon Cuneta has shown that thriving in a highly competitive industry requires more than talent. It also demands self-reinvention and continuous learning. “I have always embraced change and viewed it as an opportunity to do better in my profession and reach out to more people,” said Sharon who …
Pag-IBIG sets records anew, releases nearly P51B in cash loans
Pag-IBIG Fund disbursed P50.79 billion in cash loans in the last ten months, breaking its record for the highest amount of cash loans released for any January to October period. The amount released benefitted 2,281,042 Pag-IBIG Fund members, also a record high. From January to October, the amount of short-term loans released by the agency …
PAGCOR REMITS ADDITIONAL PHP5 BILLION TO NATIONAL TREASURY
Cash remittances from the Philippine Amusement and Gaming Corporation (PAGCOR) to the National Treasury for dividend year 2022 is now at Php6.95 billion after the agency turned over an additional Php5 billion on November 15, 2023. The state gaming regulator’s latest contribution represents its additional and advanced dividends from retained earnings as of end …
PAGCOR CHIEF SAYS PH GAMING INDUSTRY BACK TO PRE-PANDEMIC LEVELS
Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and Chief Executive Officer Ajejandro H. Tengco said increased demand for leisure, travel and entertainment will sustain the growth trajectory of the Philippine gaming industry in the coming years. During the RGB Connect Gala Night at Hilton Clark Sun Valley Resort in Pampanga over the weekend, Mr. Tengco …
DBP inaugurates lending center in Puerto Princesa City
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 collections up to P67B in Q3 as more members increase savings
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 …
Pag-IBIG home loans reach P88.3B in Q3 as demand continues to rise
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 …
Over 13K delivery riders now have Pag-IBIG
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 Members save record-high P59.52B in Jan to Aug 2023, up 11%; MP2 Savings reach P31.50B, up 16%
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 …