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Cebu City Council OKs P400M financial aid for 80 barangays
CEBU CITY, Philippines – The Cebu City government will soon distribute financial assistance to its 80 barangays. The City Council approved the allocation of P400 million during their May 15 session. The resolutions were authored by City Councilors Franklyn Ong, the president of the Association of Barangay Councils (ABC), and Jocelyn Pesquera. City Councilors Franklyn.....»»
DSWD introduces 3 schemes to distribute financial aid
LAPU-LAPU CITY, Cebu — To fast-track the distribution of financial assistance to social pension beneficiaries, the Department of Social Welfare and Development (DSWD) issued Memorandum Circular No. 17, introducing three delivery schemes. This includes cash advances of special disbursing officers (SDOs) of the agency, door-to-door delivery for beneficiaries in critical condition, and the transfer of.....»»
Over one million Filipinos get P3-B aid on Saturday
MANILA, Philippines — Speaker Ferdinand Martin G. Romualdez, alongside President Ferdinand “Bongbong” R. Marcos Jr., launched the Ayuda sa Kapos ang Kita Program (AKAP) on Saturday, an initiative that will distribute P3 billion in cash aid to more than one million beneficiaries in a single day. The AKAP Program, spearheaded by the Department of Social Welfare.....»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP: Digitizing microfinance services will boost financial inclusion
Digitizing microfinance institutions could promote further financial inclusion in the country as borrowers from the unserved and underserved segments of the population will be able to access a wider range of financial services......»»
A Quick Guide to Online Gambling and Financial Responsibility
With the rise of PAGCOR accredited online gambling platforms, many individuals are drawn to the allure of quick wins and entertainment. However, the world of online gambling will require extreme caution and financial responsibility to avoid potential pitfalls and safeguard one’s financial well-being. Understanding the Risks Online gambling can be enticing, but it comes with […].....»»
Senior citizens, disabled among mujahideen to get allowance from BARMM
COTABATO CITY (MindaNews / 27 February)— An initial P500-million fund coming from the office of the chief minister will finance allowances for former Moro combatants who are already senior citizens or permanently disabled. This was after the Bangsamoro Parliament approved a measure to establish an office that will provide financial aid to Moro Islamic Liberation […].....»»
ASF-hit Central Luzon hog raisers get P104.5 million aid
Farmers in Central Luzon whose hogs were affected by African swine fever have received financial assistance worth P104.5 million from the Department of Agriculture......»»
Solo parents to get P1K monthly subsidy
The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»
400 Taguig residents get cash aid
Around 400 residents in Taguig received financial assistance from the city government, Mayor Lani Cayetano said recently......»»
Banking 101: Unmasking Financial Lingo
Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»
Drought hits 900,000 families across the Philippines, with some children forced from school to help on farms
MANILA, 10 May 2024 -- A protracted drought across large swathes of the Philippines is impacting over 900,000 families[1] -- or over 3.7 million people - including some who have taken their children out of school to help deal with the economic im.....»»
Over 60 licensed foster families, 82 kids in foster care in Davao
AN OFFICIAL from the Capacity Building Unit of the Regional Alternative Child Care Office-Davao Region (Racco-Davao) revealed that there are about 60 licensed foster families in the Davao Region......»»
91 families, commercial establishments ordered to clear Estero de Parian in Cebu City
CEBU CITY, Philippines – At least 91 informal settler families (ISFs), including the four large commercial establishments, located along the Estero de Parian in Cebu City were issued final notices on April 26 to voluntarily remove structures blocking the waterways. Retired General Melquiades Feliciano, the chief implementer of the city’s Task Force Gubat sa Baha,.....»»
Talisay City Fire displaces 16 families, leaving damage of P1.2 million
Talisay City Fire displaces 16 families, leaving damage of P1.2 million.....»»
Taguig fires: 1 dead, 18 families homeless
A 58-year-old woman died and 18 families were left homeless in two separate fires in Taguig on Tuesday......»»
50 families evicted to give way to parking lot
Under the 1992 Urban Development and Housing Act, the execution of demolition requires the notice upon the affected persons or entities at least thirty (30) days prior to the date of eviction, proper identification of all persons taking part in the demolition, and adequate relocation, among others. The post 50 families evicted to give way to parking lot appeared first on Bulatlat......»»
Duterte calls Philippine president a drug addict as rift deepens - Philippines
Ferdinand Marcos Jr hits back with fentanyl insult amid breakdown in relations between political families The former Philippine president Rodrigo Duterte accused his successor, Ferdinand Marcos Jr, of being a drug addict who risked being ousted from office in an expletive-laden tirade that underlined the breakdown in relations between the two powerful political families. Dutertes speech on Sunday, in which he claimed Marc.....»»
1,000 families homeless in Tondo fire
An estimated 1,000 families were left homeless in a fire that consumed reportedly half of the slum community of Isla Puting Bato in Tondo, Manila for over nine hours on Wednesday......»»
Navotas fire: 1 dead, 15 families homeless
A 59-year-old man died and 15 families were left homeless after a fire hit a residential area in Navotas City on Saturday......»»