Pag-IBIG declares record-high P31.79-B as 2021 dividends; Regular Savings at 5.5%, MP2 at 6%

Posted by watchmen
March 11, 2022
Posted in BUSINESS

The Pag-IBIG Fund Board of Trustees has approved the dividend for members’ savings for 2021, declaring a record-high amount of over P31 billion which shall be credited directly to its members’ savings accounts, top executives announced on Friday, March 11. “During the Pag-IBIG Chairman’s Report last February 24, I announced that the rates of Pag-IBIG …

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Ivana finds a new partner with #SendGCashSendLove

Posted by watchmen
March 10, 2022
Posted in BUSINESS

This February, social media star Ivana Alawi unveils a new way to send love with her new partner that does it all for her – GCash. The #1 e-wallet in the country recently launched the online sensation as the newest member of its barkada, the perfect face to show #SendGCashSendLove is the easiest and safest …

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Pag-IBIG posts record-high P34.73-B net income in 2021; members to earn dividend rate of 5.16% on Regular Savings, 5.66% on MP2

Posted by watchmen
February 25, 2022
Posted in BUSINESS

Pag-IBIG Fund netted an income of over P30 billion for the fifth consecutive year in 2021 despite the ongoing pandemic, the agency’s top executive announced on Thursday, February 24, during the Pag-IBIG Fund Chairman’s Report. “As we close our books for 2021, I am happy to report that your Pag-IBIG Fund achieved another milestone.  Our …

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DoubleDragon to bring first Hotel 101 project abroad

Posted by watchmen
February 25, 2022
Posted in BUSINESS

DoubleDragon Corporation’s (“DoubleDragon”) offshore subsidiary, Hotel 101 Worldwide Private Limited “(Hotel 101 Worldwide)”, completed the change of its principal activities on Singapore’s Regulatory Authority. The amendment in Singapore’s Accounting and Corporate Regulatory Authority (ACRA) is covered by Receipt # ACRA220211134043 dated February 11, 2022. The change and update of its primary and secondary activities now …

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PAG-IBIG MEMBERS SAVE RECORD-HIGH P26 B IN MP2, UP 95% IN 2021

Posted by watchmen
February 18, 2022
Posted in BUSINESS

Amid the ongoing health crisis, Pag-IBIG Fund members still showed preference for the MP2 savings program in 2021 as total savings reached nearly P26 billion, setting yet another record for the amount saved voluntarily by members in a year, agency officials said. In only 12 months, members’ savings under the Modified Pag-IBIG 2 (MP2) Savings …

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Members save record-high P63.7-B in Pag-IBIG Fund in 2021, up 32%; MP2 jumps 95% to P26-B

Posted by watchmen
February 3, 2022
Posted in BUSINESS

Pag-IBIG Fund members saved more than P63 billion last year, attaining yet another record-high amid the pandemic, according to agency officials. In 2021, the amount collectively saved by members with Pag-IBIG totaled P63.67 billion – the highest amount in the agency’s history. The total savings collected last year jumped 32% from the P48.18 billion collected …

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InLife, Insular Foundation extend assistance to Typhoon ‘Odette’-affected communities

Posted by watchmen
January 27, 2022
Posted in BUSINESS

To help Filipinos affected by super typhoon “Odette,” Insular Life (InLife) and its corporate social arm Insular Foundation carried out disaster response initiatives. InLife and Insular Foundation raised P2 million to help families in typhoon-affected communities in Palawan, Visayas and Mindanao, particularly in Cebu, Bohol, Dumaguete, and Surigao del Norte. Additionally, the Insular Foundation provided …

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Pag-IBIG Fund finances 22,028 socialized homes in 2021, up 30%

Posted by watchmen
January 25, 2022
Posted in BUSINESS

Pag-IBIG Fund financed more homes for low-income earners in 2021 even during the pandemic, top executives said on Monday, January 24. In 2021, the number of socialized homes financed by Pag-IBIG Fund increased 30% to 22,028 compared to the 16,975 socialized units funded in 2020. The amount of socialized housing loans, meanwhile, surged 37% to …

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