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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.....»»
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......»»
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......»»
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.” .....»»
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.....»»
Cebuana Lhuillier, Packworks boost MSME growth with ‘Sari Fund’
Cebuana Lhuillier, Packworks boost MSME growth with ‘Sari Fund’.....»»
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......»»
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......»»
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 […].....»»
Pag-IBIG members to get more benefits
Filipinos are expected to enjoy double savings and higher cash loan entitlements while having access to affordable home loans, according to the Home Development Mutual Fund or Pag-IBIG Fund......»»
Pag-IBIG to increase member contributions in February 2024
MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund said that it will raise its member contributions in February 2024. In a phone interview on Tuesday, it said that monthly contributions from employees and employers will be increased to P200, from the minimum P100. ALSO READ: PhilHealth members’ contribution rises to 5%.....»»
P257-M fund for plazas rehab
P257-M fund for plazas rehab.....»»
Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
3 Reasons Why Should Start an Emergency Fund Today
Life is unpredictable, and it often throws unexpected challenges our way. Whether it’s a sudden medical bill, a car breakdown, or losing a job without warning, these unfortunate situations can leave us financially unprepared, causing unnecessary stress and uncertainty. However, a simple yet powerful solution is maintaining an emergency fund. Financial Safety Net A robust […].....»»
P15.5 billion calamity fund ready for El Niño
Government agencies can still tap over P15 billion in disaster funds to mitigate the impacts of El Niño, the Department of Budget and Management (DBM) said yesterday......»»
Maharlika ready to make first investment in 90-120 days
Maharlika Investment Fund CEO, Rafael Consing, said that the MIF would likely make its first investment “in the next 90 to 120 days”......»»
Are you ready to catch “The Fall Guy”?
Are you ready to catch “The Fall Guy”?.....»»
New PNP-IAS head ready to face police scalawags
The new head of the Internal Affairs Service is ready to face police scalawags, vowing to put in place programs to rid the Philippine National Police of misfits and further professionalize the PNP......»»
‘BSP ready to mitigate excessive peso volatility’
Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»
Davao, GenSan SM Scholars: Off to a great start, ready for the real world
Davao, GenSan SM Scholars: Off to a great start, ready for the real world.....»»