Pag-IBIG Fund extended socialized housing loans to 10,640 members from the minimum-wage and low-income sectors in the first half of 2021 despite the continuing pandemic, top officials announced Wednesday, July 21. The number of socialized home loans makes up 24% of the total 43,573 home loans released by the agency from January to June this …
BUSINESS
SUNTRUST RELEASES NEW HOME TOUR SERIES TO SHOWCASE ITS VAST PROJECT PORTFOLIO
Renowned developer Suntrust Properties, Inc. premiered this year’s first episode of their new series, Suntrust Home Tour. “The show aims to showcase Suntrust’s existing projects nationwide and to give the public a closer look at the developer’s properties while staying inside the comfort of their homes. The series would allow them to know more about …
UN Climate Fund body taps DBP for climate mitigation and adaptation financing
State-owned Development Bank of the Philippines (DBP) has secured the accreditation of a United Nations-backed institution that provides financing support for environment and climate-related programs and advocacies in line with the Paris Agreement and Kyoto Protocol, a top official said. DBP President and Chief Executive Officer Emmanuel G. Herbosa said DBP is only the second …
Pag-IBIG Fund releases record-high P44-B home loans in H1 2021, up 113%
Despite the pandemic, Pag-IBIG Fund achieved another record by releasing over P44 billion in home loans in the first half of 2021, top officials announced on Friday, July 9. From January to June, the agency released home loans worth P44.34 billion – the highest amount ever released during the first half of the year – …
DTI-6 urges establishments to secure safety seal certification
By Darlene Delgado The Department of Trade and Industry Region VI (DTI-6) is urging business establishments in Western Visayas to secure a safety seal certification. Safety seal certification is a voluntary certification scheme asserting that an establishment is compliant with the minimum public health standards set by the government, and uses or integrates its contact …
INSULAR LIFE RE-ISSUES AFFORDABLE WEALTH SECURE GIO PLAN
People tend to believe that getting insured while staying invested is only for the wealthy, but it doesn’t have to be that way. Insular Life(InLife) is re-issuing its most popular, easy to apply to and affordable life insurance with investment plan called the Wealth Secure Guaranteed Issue Offer (Wealth Secure GIO). “We wanted the public …
GCash enables seamless bills payment option for VisMin customers
From giving users in Metro Manila access to seamless payment solutions using their GCash app, the country’s leading e-wallet is now extending its reach to the Visayas and Mindanao (VisMin) region by building partnerships and ecosystems with LGUs through GCash Pay Bills. True to its mission of providing “financial inclusion for all,” GCash has enabled …
Pag-IBIG Fund MP2 Savings hits record-high P10.7-B in Jan-May 2021
Pag-IBIG Fund members collectively saved P10.67 billion under the agency’s voluntary Modified Pag-IBIG 2 (MP2) Savings program in the first five months of the year, setting another record-high despite the ongoing health crisis, top officials of the agency said on Monday, June 21. “We are happy to report that despite the impact of the pandemic …
Merzci opens new Sum-ag branch | Bigger, better, and fresher in its new location
Merzci Bread and Pastries opened a bigger, better, and fresher branch in Bacolod City’s Barangay Sum-ag on June 18, 2021. Bacolod City Administrator Em Ang and Merzci CEO and President Jonathan Manuel Lo led the ribbon cutting ceremony along with Merzci managers and staff. Customers enjoyed a lot of exciting promos like freebies, bundling and …
DBP unveils credit facility to boost pork production
State-owned Development Bank of the Philippines (DBP) is working closely with the Department of Agriculture (DA) and stakeholders in the hog industry to increase pork production to meet consumer demand and stabilize the prices of the staple meat in the local market, a top official said. DBP President and Chief Executive Officer Emmanuel G. Herbosa …