MR.DIY, the renowned home improvement and lifestyle retail chain, made a vibrant addition to the Sinulog 2024 festivities, captivating attendees with their engaging participation and community-centric initiatives. From January 16 to 21, 2024, MR.DIY’s presence illuminated the celebration, fostering a spirit of excitement and camaraderie among festival-goers. Throughout the festivities, MR.DIY delighted attendees with interactive …
BUSINESS
DBP lends P2-B for infra and climate change projects in Palawan
State-owned Development Bank of the Philippines (DBP) has extended a P2-billion loan to the Provincial Government of Palawan to support vital public infrastructure projects including the upgrade of the province’s road network and to beef up its disaster risk reduction initiatives, a top official said. DBP President and Chief Executive Officer Michael O. de Jesus …
Pag-IBIG members to gain more benefits under new rates starting February 2024
Pag-IBIG Fund members are set to enjoy doubled savings and higher cash loan entitlements while continuing to have access to affordable home loans, as the agency is set to increase the nearly four-decade old mandatory monthly savings for both members and their employers starting February 2024, officials announced Wednesday (17 January). Under the agency’s new …
OFW groups join support for Pag-IBIG contribution hike
OFW organizations are also backing Pag-IBIG Fund’s plan to increase members’ monthly savings rate this year, agency officials announced Tuesday, (16 January). After gaining support from labor and employer groups, Pag-IBIG Fund’s plan also received nods from the Kapisanan ng mga Kamag-anak at Migranteng Manggagawang Pilipino, Inc. (KAKAMMPI), the Kabalikat ng Migranteng Pilipino, Inc. (KAMPI), …
Pag-IBIG gets ECOP support on new contribution rates
Pag-IBIG Fund gained the support of the Employers’ Confederation of the Philippines (ECOP) on its plan to increase the monthly contribution (savings) rates for both employers and members, the agency’s top executive announced Tuesday (09 January). With the agency gaining ECOP’s support, Pag-IBIG Fund has now secured both employer and labor groups’ backing as …
Pag-IBIG gains FFW support as workers’ benefits set to increase under new monthly rates in 2024
PAG-IBIG Fund secured the support of the Federation of Free Workers (FFW), one of the country’s top labor organizations, in its plan to increase the nearly four-decade old mandatory monthly savings rate for both members and their employers starting January 2024, officials stated Monday, Jan. 8. The FFW, in its letter to Pag-IBIG Fund, cited …
TUCP backs Pag-IBIG’s plan to increase rates, improve members’ benefits
The Trade Union Congress of the Philippines (TUCP) has expressed its support to Pag-IBIG Fund’s plan to increase the nearly four-decade old mandatory monthly savings rate for both members and their employers starting January 2024. In its letter to Pag-IBIG Fund, the TUCP reiterated its position in 2019 supporting the agency’s planned increase. The trade …
Pag-IBIG approves P12B funding for over 9,000 4PH housing units
Pag-IBIG Fund has approved a P12-billion revolving credit line for the National Housing Authority (NHA), adequate to finance the development of 9,110 housing units, with an initial 6,967 homes to be built in Quezon City, Valenzuela, Zamboanga and San Juan as part of the government’s Pambansang Pabahay para sa Pilipino Housing or 4PH Program, top …
InLife Sheroes ‘She Means Business’ webinar highlights women’s edge in business
In running a business, women have shown that their unique perspectives and innate people skills can lead to creative, inclusive, and successful ventures. Women can also provide innovative business solutions and, at the same time, build and empower communities. This sums up the messages of Janice Villanueva and Carolyn Chuaying during the webinar entitled “She …
Over 2,200 homes to rise in Pampanga, Manila, Misamis Oriental, and Davao as Pag-IBIG approves funding for 4PH Projects
A total of 2,264 housing units are set to rise in Pampanga, Manila, Misamis Oriental, and Davao City as Pag-IBIG Fund approved a P929-million revolving credit line for the Social Housing Finance Corporation (SHFC) to fund housing projects under the government’s Pambansang Pabahay para sa Pilipino Housing or 4PH Program, Pag-IBIG Fund’s top officials announced …