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Rama to barangays: No aid if fire safety initiatives not done

CEBU CITY, Philippines – Cebu City Mayor Michael Rama took a bold stance on withholding yearly aid and allocations of barangays if they would fail to comply with re-blocking initiatives in communities at risk of fire.   He said that the fund in context would be sourced from the Local Development Fund (LDF).  READ: Probe.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Sandigan upholds Dengvaxia raps vs Garin, 4 others

The Sandiganbayan has denied motions to dismiss filed by former health secretary Janette Garin and four former and incumbent officials over the allegedly anomalous P3.556-billion dengue mass vaccination program of the Aquino administration from 2010 to 2016......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Solon sipsip sa China, campaign fund inaasinta

Parang suso kung sumipsip sa China ang isang mambabatas para lamang makakuha ng campaign fund sa pagtakbo niya sa 2025 elections. The post Solon sipsip sa China, campaign fund inaasinta first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 21st, 2024

SSS taps Metrobank to manage P1.5 billion fund

Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

New Board Members for UN Voluntary Trust Fund for Victims of Trafficking in Persons Announced

Vienna, 2024: The latest board of trustees of the UN Voluntary Trust Fund for Victims of Trafficking in Persons (UNVTF) has been established.  The board is now constituted of:The five anti-human trafficking experts, representing the five UN Regional Groups, were appointed by the UN Secretary General Antonio Guterres to provide strategic guidance to the Trust Fund over th.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

MUP pensions, Maharlika Fund pose risks to PH economy, says new study

Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 2024

DBM approves P455-million funding to aid rice farmers

The DBM said that the fund was released to the Department of Agriculture (DA) and three other Government-Owned and Controlled Corporations to cover the fund’s operating requirements for the first quarter of 2024......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Resilient, safe schools in CV pushed

Resilient, safe schools in CV pushed.....»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

P120-B road project pushed to pave growth of former no man s land

P120-B road project pushed to pave growth of former no man s land.....»»

Category: newsSource:  sunstarRelated NewsMar 12th, 2024

House expedites release of P35M aid for Davao disaster victims

The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

KATRIBU on the impact of Maharlika Investment Fund on the Moro and Indigenous Peoples

A speech delivered by Beverly Longid, KATRIBU National Convenor, during the Maharlika Investment Fund forum organized by the First Quarter Storm (FQS) Movement......»»

Category: lifestyleSource:  abscbnRelated NewsMar 26th, 2024

SRA allots P66-M fund for El Niño mitigation measures

SRA allots P66-M fund for El Niño mitigation measures.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025

LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Villar pushes extension, higher budget for RCEF

Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Recto pitches Maharlika fund to Australians

Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Cebuana Lhuillier, Packworks boost MSME growth with ‘Sari Fund’

Cebuana Lhuillier, Packworks boost MSME growth with ‘Sari Fund’.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Fund for indigent cancer patients reaches P1.25 billion

Senators and congressmen have approved a substantial increase in this year’s budget allocation for indigent cancer patients, or the Cancer Assistance Fund (CAF), in the hope of helping more Filipinos to be healed from the killer disease......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

The Vital Role of Emergency Funds in a Business

Navigating the intricate terrain of business is akin to assembling a complex puzzle, where the significance of an emergency fund emerges as the elusive missing piece. This versatile tool stands as a stalwart guardian during uncertain times, deftly guiding enterprises through unforeseen challenges and financial quandaries. Shielding Against Financial Surprises Picture the emergency fund as […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 3rd, 2024