This National Women’s Month, we honor women and recognize their many roles in the society. They are devoted mothers and family members. They are dependable leaders, career-oriented professionals, and trustworthy friends. Women are hard-working and able to juggle their many roles day in and day out. But as they focus on nurturing the needs of …
BUSINESS
DBP boosts fund raising activities with successful US$300-M bond offering
State-run Development Bank of the Philippines (DBP) kicked off its fund-raising activities this year through a successful US$300-million 10-year offshore bond offering and capitalizing on a market that is hungry for safe and higher-yielding investment instruments amid a tepid economic environment, a top official said. DBP President and Chief Executive Officer Emmanuel G. Herbosa said …
InLife and Connected Women forge ties for better income opportunities for women
Insular Life through its InLife Sheroes program has formed a partnership with Connected Women to offer additional income generating opportunities to its members in the Philippines. The InLife Sheroes program (www.inlifesheroes.com) now in its second year, envisions Insular Life to be the preferred insurance provider of Filipino women for their protection, savings and investment needs. Connected …
NCIP to launch 3 IPs coffee table books
The National Commission on Indigenous Peoples (NCIP) will launch three coffee table books under Project “Epanaw” or “Journey” on March 14, showcasing the indigenous cultural communities/indigenous peoples (ICCs/IPs), their pristine but still relevant indigenous knowledge and systems, and their existing and potential contributions to sustainable development. “Project Epanaw is the story of the ICCs/IPs through …
INLIFE SHEROES MARKS 2ND ANNIVERSARY WITH TWO VIRTUAL EVENTS ON MARCH 12
InLife Sheroes celebrates its second anniversary with two virtual events including a digital bazaar and a mentoring session on March 12. The morning session, which will start at 10:00 am, will be keynoted by OSM Maritime Services, Inc. President Mailyn Borillo. InLife Executive Chair Nina D. Aguas will discuss the wins and plans to taking …
Pag-IBIG posts P31.18B net income in 2020
Members earn 5.62% dividend rate on Regular Savings, 6.12% on MP2 Pag-IBIG Fund posted a net income of over P30 billion in 2020 for the fourth consecutive year despite the economic slowdown caused by the pandemic, its top executives announced during the 2020 Pag-IBIG Fund Chairman’s Report held online on Wednesday, March 3). “I’m happy …
PAG-IBIG POSTS P31.18B NET INCOME IN 2020
Members earn 5.62% dividend rate on Regular Savings, 6.12% on MP2 Pag-IBIG Fund posted a net income of over P30 billion in 2020 for the fourth consecutive year despite the economic slowdown caused by the pandemic, its top executives announced during the 2020 Pag-IBIG Fund Chairman’s Report held online on Wednesday, March 3. “I’m happy …
LANDBANK lends P6.95 billion to MSMEs, co-ops for COVID relief
THE Land Bank of the Philippines (LANDBANK) has approved loans totaling P6.95 billion for 227 borrowers composed mostly of micro, small and medium enterprises (MSMEs) and cooperatives that are affected by the impact of the COVID-19 pandemic. Under the I-RESCUE (Interim Rehabilitation Support to Cushion Unfavorably affected Enterprises by Covid-19) Lending Program, LANDBANK has released …
BDO posts P28.2 billion net income in 2020
BDO Unibank, Inc. (BDO) posted a net income of P28.2 billion in 2020 from P44.2 billion in 2019, due mainly to pre-emptive provisions of P30.2 billion set aside against potential delinquencies from the pandemic. The Bank relied on its strong and resilient business franchise and balance sheet to support core business operations, despite significant hurdles from the pandemic and …
Pag-IBIG Fund finances homes of 16,975 low-wage workers in 2020
Pag-IBIG Fund financed socialized housing loans of 16,975 members belonging to the minimum-wage and low-income sectors in 2020 despite the pandemic, its top executives said on Thursday (February 11). Socialized housing loans represent 27% of the 63,750 units financed by the agency, and amount to P7.18 billion out of the P63.75 billion in total …