DBP signs multi-billion credit deal with Compostela Steel, Inc.

Posted by watchmen
October 9, 2020
Posted in BUSINESS

State-owned Development Bank of the Philippines (DBP) has signed a P5.7-billion long-term loan agreement with Compostela Steel Inc. (CSI), for the construction of its biggest steel-making facility located in Compostela, Cebu, a top official said. DBP President and Chief Executive Officer Emmanuel G. Herbosa said the bank’s credit support to CSI, a subsidiary of Steel …

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DBP loan portfolio up 15.6%, reaches P364.4B in 1st half

Posted by watchmen
October 5, 2020
Posted in COMMUNITY, BUSINESS

State-owned Development Bank of the Philippines (DBP) continued to boost its financial support for strategic growth initiatives in the second quarter of the year, with P364.4-billion in loans to borrowers reflecting a notable 15.6% increase from theP315.13-billion recorded during the same period last year, a top official said. DBP President and Chief Executive Officer Emmanuel G. …

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Salary loan applications via SSS Mobile App re-enabled

Posted by watchmen
September 28, 2020
Posted in BUSINESS

The Social Security System (SSS) announced that its salary loan application with mandatory bank disbursement through the SSS Mobile App is made available again after a new version of the application was released recently. The new version of the said app also re-enabled the downloading of the PDF file of Payment Reference Numbers (PRN) after …

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2+1 Anniversary Voucher Sale of Belmont Hotel Boracay

Posted by watchmen
September 25, 2020
Posted in COMMUNITY, BUSINESS

Rates start at Php 6,400 per room/night Inclusions are as follows: ● 3-night stay in a Superior Room with complimentary breakfast for two (2)⁣⁣ ● Complimentary scheduled shuttle service to and from D’Mall, Station 2⁣⁣ ● Complimentary 30-minute use of paddleboard, kayak, and bike⁣⁣ ● Complimentary guided tour of the viewing deck, Cove 3, and …

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The SM Store Bacolod: Call to Deliver

Posted by watchmen
September 15, 2020
Posted in BUSINESS

he SM Store Bacolod values your health, safety, and peace of mind. That is why you can now purchase your everyday essentials and favorite items from your home!  Through The SM Store Bacolod’s Call to Deliver service, you will be directly in touch with select employees who will do your shopping for you, and have …

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Iloilo Business Park leads call for Ilonggos to help revive Iloilo economy

Posted by watchmen
September 14, 2020
Posted in BUSINESS

Iloilo Business Park (IBP) is joining hands with the local government of Iloilo City and other sectors to boost the city’s fight against Covid-19 and jumpstart economic recovery. Various leaders from the government, business, and medical sectors are calling on Ilonggos to shop, dine, and patronize local businesses to help them get back on their …

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Pag-IBIG Fund considers postponing increase in decades-old contributions

Posted by watchmen
September 14, 2020
Posted in BUSINESS

Officials of Pag-IBIG Fund recently announced that they may put on hold the plan to raise the decades-old monthly contributions of its members in consideration of the plight of workers and businesses amid the pandemic. Secretary Eduardo D. del Rosario, who heads the Department of Human Settlements and Urban Development and the 11-member Pag-IBIG Fund …

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