Asenso scheme covers riders
“The Pag-IBIG Fund has signed partnerships with the country’s top transport network and app-based courier companies in efforts to bring its membership to delivery riders on 25 May, Thursday. The agency also launched its “Pag-IBIG Asenso Rider Raffle Promo” to encourage Pag-IBIG Fund membership among the estimated 420,000 delivery riders in the country today. “We are very happy to welcome delivery riders as part of Pag-IBIG Fund’s growing membership, a Pag-IBIG official said. By being Pag-IBIG members, they may be able to avail of affordable home financing under the Pambansang Pabahay para sa Pilipino Housing or 4PH Program of President Ferdinand R. Marcos Jr., which aims to make available six million housing units to underserved Filipino families by 2028. Part of mass housing push “These are among our many efforts to solve the country’s housing backlog and enable more Filipinos and their families to secure homes of their own,” said Secretary Jose Rizalino L. Acuzar, who leads the Department of Human Settlements and Urban Development and the 11-member Pag-IBIG Fund Board of Trustees. Pag-IBIG Fund inked agreements with transport network and app-based courier companies Angkas, Food Panda, Grab, Lalamove and Pick A Roo. Better access to benefits With the agreements, the delivery riders of the said companies shall have better access to the Pag-IBIG Fund benefits that include its Regular and MP2 Savings programs which provide competitive returns, and its affordable home loan programs to enable them to purchase homes of their own. These are among our many efforts to solve the country’s housing backlog and enable more Filipinos and their families to secure homes of their own. Meanwhile, Pag-IBIG Fund chief executive officer Marilene C. Acosta expressed optimism that Pag-IBIG Fund’s membership shall continue to grow, especially with the agency’s special raffle promo for delivery riders. “There are now 15.25 million Filipino workers who are active Pag-IBIG members, which is the highest since the pandemic. And, with the Pag-IBIG Asenso Rider Raffle Promo, we hope to encourage more delivery riders to become members so that we can provide even more Filipino workers a secure savings program and affordable home financing. We believe that our delivery riders, whose service and perseverance have been vital in our daily lives, particularly during the pandemic, deserve the best that Pag-IBIG Fund can offer,” Acosta added. The post Asenso scheme covers riders appeared first on Daily Tribune......»»
MMDA suspends number coding scheme on March 28, 29
The Metropolitan Manila Development Authority will be temporarily lifting its number coding scheme on March 28 (Maundy Thursday) and March 29 (Good Friday), which were earlier declared as regular holidays......»»
5 ka riders naangol sa aksidente sa motor
5 ka riders naangol sa aksidente sa motor.....»»
Team Asenso still intact, Sayson says
Team Asenso still intact, Sayson says.....»»
Over 13K delivery riders now have Pag-IBIG
In a span of only three months after Pag-IBIG Fund entered partnerships with the country’s top transport networks to provide better access to its membership, 13,128 delivery drivers and riders have registered as Pag-IBIG members and now enjoy the agency’s benefits. “We are very happy that a growing number of delivery riders are now part of the more than 15.6 million active members of Pag-IBIG Fund. As members of Pag-IBIG Fund, they now have secure savings and shall gain access to our affordable home loans. This is in line with our efforts to provide inclusive housing to all Filipino workers under the Pambansang Pabahay para sa Pilipino Housing or 4PH Program of President Ferdinand R. Marcos, Jr.,” said Secretary Jose Rizalino L. Acuzar, who leads the Department of Human Settlements and Urban Development and the 11-member Pag-IBIG Fund Board of Trustees. Earlier this year, Pag-IBIG Fund partnered with transport network and app-based courier companies Angkas, Foodpanda, Grab, Lalamove and Pick-A-Roo. With the partnerships, delivery riders are provided better access to Pag-IBIG Fund membership to allow them to enjoy the agency’s benefits that include its Regular and MP2 Savings, short-term cash loans, affordable home loans and the Pag-IBIG Loyalty Card Plus. Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, meanwhile, expects that the number of delivery riders who shall become Pag-IBIG Fund members will continue to rise, especially with the agency’s ongoing Pag-IBIG Asenso Rider Raffle Promo, a special raffle promo for delivery riders. “We remain committed to our mandate of bringing the benefits of Pag-IBIG Fund membership to more Filipino workers. This includes our delivery riders, whose service have become vital in our daily lives. That is why in addition to bringing them better access to Pag-IBIG Fund membership, we are also providing our delivery riders the opportunity to win special prizes to help them with their livelihood with the Pag-IBIG Asenso Rider Raffle Promo. All these are among the many ways how we bring our Lingkod Pag-IBIG Brand of Service -- "Tapat na Serbisyo, Mula sa Puso" -- to our members,” Acosta added. The post Over 13K delivery riders now have Pag-IBIG appeared first on Daily Tribune......»»
SBCorp.: Financing gap yawns P400B
Department of Trade and Industry attached agency Small Business Corporation is seeing the financial gap, or the inability of private banks, lending firms, and the government’s lending arms to provide loans is now ranging from P300 billion to P400 billion. “Even if we put together government banking institutions providing loans to entrepreneurs, as well as savings and loans associations and cooperatives, the country’s financial gap still lacks from P300 to P400 billion. That’s our estimate based on our study,” Robert Bastillo, SBCorp president, exclusively told the DAILY TRIBUNE during his interview in the paper’s online show, Straight Talk. Bastillo said this is the main reason why small entrepreneurs have become baits to traditional loan sharks, colloquially known as the “5-6” scheme associated with Indian nationals, instead of formal sources of loans. They would rather close shop “This was also the reason why some businessmen opted to stop their enterprises due to this financial gap problem in the country. They would rather close shop. In fact, the International Finance Corporation estimated that the financial gap in the country is from P12 to P13 trillion, but we contradicted that because the economy of the country is not that huge,” he said. Bastillo said the whole portfolio of the banking sector in the country is approximately P8 trillion. With the huge financial gap, Bastillo said SBCorp’s P10 billion budget allocation is indeed not enough to fill in the gap. He said that’s why they have formulated programs to influence the financing sector so that MSMEs will look fundable to financial institutions, just like SBCorp’s P3 or the Pondo sa Pagbabago at Pag-asenso program. The P3 Program is a financing initiative by government to assist micro-entrepreneurs throughout the country by providing affordable and cost-efficient microloans, “But if the P3 will be coursed through cooperatives, then we give only a 2 percent interest rate per year. Cooperatives can stretch the interest rate by as much as 30 percent per year. But cooperatives nowadays provide only a 2 percent interest rate,” according to Bastillo. Bastillo said that if the P3 is directly availed from SBCorp., they will provide the loan at one percent per month or 12 percent per year, but with a diminishing effect, compared to other private banking institutions. Good players MSMEs that are good payers can be rewarded by a lower interest rate of up to 10 percent per annum if they will avail of another loan, Bastillo said. The scheme is a funding program that will provide an alternative source of financing for microentrepreneurs that is easy and quick to access, and is seen to give a boost to the micro enterprises sector, which comprises the bulk of Philippine micro, small, and medium enterprises. The program also aims to stabilize informal lending, locally known as 5-6 lending, and prevent micro-entrepreneurs from falling victim to usurious lenders. Added funding Meanwhile, Bastillo insisted that if funding for the SB Corp. is added by the government, more microloans will be ushered into MSMEs. “If the capital of P10 Billion, provided by the Magna Carta for MSMEs, will be raised around P50 to P100 billion, then we will be able to help more borrowers. However, it would take time to realize this, as amendments are needed to the Magna Carta for this request. Right now, it is still at the Committee level at the House of Representatives,” according to Bastillo. The post SBCorp.: Financing gap yawns P400B appeared first on Daily Tribune......»»
Bong Go honored with Gawad Pagkilala Award at San Mateo’s 451st Founding Anniversary
On the 451st Founding Anniversary of San Mateo, Rizal, Senator Christopher "Bong" Go was honored with the Gawad Pagkilala Award at the Municipal Stadium on September 21, in recognition of his significant contributions to the community. In his speech, Go extended his gratitude to the residents of San Mateo for their warm welcome, saying, “Sa araw na ito, sa pagdiriwang ng ika-451 na anibersaryo ng pagkakatatag ng San Mateo, Rizal, ako po ay lubos na nagagalak na maging bahagi ng makasaysayang okasyon na ito.” "Nais kong magpasalamat sa inyong lahat, sa mga kababayan ko dito sa San Mateo, sa mainit na pagtanggap at pagsalubong sa amin sa inyong bayan. Salamat rin sa parangal na iginawad ninyo sa akin. With or without award ay patuloy lang akong magseserbisyo sa aking mga kapwa Pilipino sa abot ng aking makakaya,” he added. Go then emphasized the importance of unity and cooperation in the progress of the community. "Ang bayanihan ay hindi lamang simpleng kataga, ito ay isinasabuhay natin at ito ang nagpapalakas sa ating komunidad, at nagbibigay inspirasyon sa ating lahat upang magkasama tayo sa pagharap ng mga pagsubok at hamon," he stated. Go also lauded the local government led by Mayor Bartolome Rivera for their service to the community, saying, "Nais kong bigyan ng papuri ang aking mga kapwa lingkod-bayan, sa inyong walang sawang serbisyong ibinibigay sa inyong bayan.” Go extended further support to residents who may need medical assistance from the government. Go mentioned that there are Malasakit Centers in the province that they can reach out to if they need support with their medical-related expenses. “Sa mga pasyente, lapitan niyo lang ang Malasakit Center dahil para ‘to sa inyo. Kung may hospital bill kayo, nandiyan ang mga ahensya ng gobyerno na tutulong para mabayaran ito,” said Go. A brainchild of Go, the Malasakit Centers program is designed to help ensure that indigent patients have convenient access to the medical assistance programs offered by partner agencies. Go is the principal author and sponsor of Republic Act No. 11463 or the Malasakit Centers Act of 2019, which institutionalized the Malasakit Centers program. Currently, there are 159 operational centers that have assisted more than seven million Filipinos nationwide, according to the Department of Health. In Rizal, the Malasakit Centers are located at Antipolo City Hospital System Annex IV, Casimiro A. Ynares Sr. Memorial Hospital in Rodriguez, Bagong Cainta Municipal Hospital, and Margarito A. Duavit Memorial Hospital in Binangonan. On the same day, Go also personally attended the Super Health Center groundbreaking ceremony in the town. The event was also attended by local officials, including Governor Nina Ricci Ynares, Mayor Rivera, Vice Mayor Jaime Romel Roxas, and Municipal Health Officer Dr. Nyl Jarem Amorsolo, among others. Super Health Centers shall provide convenient access for basic healthcare delivery, offering a wide range of medical services to communities. These Super Health Centers provide services such as database management, outpatient care, birthing facilities, isolation units, diagnostic services (including laboratory, X-ray, and ultrasound), pharmacies, and ambulatory surgical units. Additional services include eye, ear, nose, and throat (EENT) care, oncology centers, physical therapy and rehabilitation centers, as well as telemedicine for remote diagnosis and treatment. Aside from San Mateo, more Super Health Centers are funded across Rizal, including two in Antipolo City and one of each in Binangonan, Jala-Jala, Rodriguez, San Mateo, Taytay, Tanay, Angono, Cainta, and Cardona. Moreover, the senator also shared that he is the principal sponsor and one of the authors of the recently passed Republic Act 11959 or the Regional Specialty Centers Act. The said law mandates the establishment of Regional Specialty Centers within existing DOH regional hospitals. Meanwhile, as an adopted son of CALABARZON, Go assured the residents of his continued support. "Ako naman po bilang inyong Senator Kuya Bong Go at bilang adopted son ng CALABARZON, asahan niyo patuloy akong tutulong sa inyong pag-asenso sa abot ng aking makakaya," he said. "Sa pagbibigay ng oportunidad sa ating mga mamamayan, patuloy nating pinatutunayan na ang pagtutulungan at pagkakaisa ay isang epektibong daan patungo sa ating pagbangon muli mula sa mga pagsubok na ating hinaharap,” he added. Go concluded his speech with a call for continued unity and compassion for others, saying "Nawa'y magtuloy-tuloy ang inyong pag-unlad. Nawa'y patuloy tayong magkaisa, magtulungan, at magbayanihan upang maging inspirasyon sa iba't ibang komunidad sa buong bansa.” The post Bong Go honored with Gawad Pagkilala Award at San Mateo’s 451st Founding Anniversary appeared first on Daily Tribune......»»
Even Indian lenders drawn to SBCorp’s P3
A high-ranking official of a Department of Trade and Industry-attached agency has revealed that even traditional Indian lenders based in the Philippines want to avail of the Pondo sa Pagbabago at Pag-Asenso, or P3, Program of the government. Small Business Corporation or SBCorp president and CEO Robert Bastillo made the revelation when he guested on the second Daily Tribune’s Asian Innovation Forum on Tuesday. He said half of the funds allocated to P3 are meant for cooperatives, micro-finance institutions, and private financing companies that have members that can easily access micro-entrepreneurs, particularly those who own sari-sari or small stores. “P3 was conceptualized to combat loan sharks or informal money lenders. When we visited a cooperative in a municipality in Bicol recently, we discovered that Indian lenders were now lowering their interest rate to 5 percent per month,” Bastillo said. “Surprisingly, some Indian lenders even wanted to avail themselves of our P3 program. If that is the case, it means the program has an impact,” he added. He explained that SBCorp is ready to provide funding to micro and small entrepreneurs to eventually expand operations in the long run or when banking institutions are not yet ready to provide MSE loans to them due to a lack of a banking track record. “That is why we are asking Congress to add more funds to SBCorp. The current fund is not enough to help MSMEs in their entrepreneurial journey,” he said. SBCorp estimated that there is a P300 to P400 billion financing gap in the country, which means that banking institutions, even cooperatives, and microfinancing institutions are not able to respond to the needs of MSE lenders. “We are asking for P50 billion for our total capital, including our current fund. While for the P3, we are aiming to make it a full-fledged law for it to have automatic appropriations. We aim that 10 to 15 percent of the current financing gap will be given to us, enough to serve MSEs and cooperatives, among others,” he said. In March 2023, the House of Representatives approved on third and final reading of House Bill 7363, or the proposed P3 Act, with an overwhelming 278 votes. The “P3 Act aims to provide an affordable, accessible, and simple financing program for MSEs, especially those in the poorest populations and underserved areas. HB 7363 mandates the creation of the P3 Fund, which shall be lent out to qualified MSEs under such terms and conditions that will meet the purposes of the Act. The P3 Fund shall be accessible through the SBCorp. and accredited partner financial institutions such as rural banks, thrift banks, development banks, cooperative banks, cooperatives, non-stock savings and loan associations, microfinance non-government organizations and lending companies. Currently, the P3 Program, with an annual allocation of P1.5 billion from the national government, is intended to provide micro-entrepreneurs with an alternative source of financing that is easy to access at a reasonable interest rate, that is in a safe environment away from dubious practices of informal lenders, and that is sustainable as delinquent borrowers are effectively barred from borrowing in the next loan cycle. Under the P3 Program, a microenterprise can borrow between P5,000 and P200,000, depending on its business status and repayment capacity, with no collateral requirement. Interest rates and service fees, all in, do not exceed 2.5 percent monthly. The post Even Indian lenders drawn to SBCorp’s P3 appeared first on Daily Tribune......»»
Manila mayor expresses gratitude
Manila Mayor Honey Lacuna has expressed her heartfelt gratitude to all who condoled the family on the passing of their patriarch, former Vice Mayor Danny Lacuna. “On behalf of the Lacuna family, I would like to send our sincerest gratitude. Words cannot express our heartfelt thanks for the sympathy, love, and prayers you have offered to our family during these difficult times,” said Lacuna in a statement. Former and current government officials paid their respects to the late vice mayor including former President Gloria-Macapagal Arroyo and former First Gentleman Mike Arroyo, former Vice President Jejomar Binay, former Senator and now Batangas Representative Ralph Recto, former House Speaker Sonny Belmonte and Senator Bong Revilla Jr. Even Senator Jinggoy Estrada — whose father, former President Joseph Estrada with whom the Asenso Manileno had a previous falling out — went to the wake and even recounted how the former vice mayor visited the Estradas while they were detained in Camp Crame. The Manila mayor, on the other hand, vowed to continue the legacy of her father which is putting God above all else and letting Him be the guide in providing service while in public office. The post Manila mayor expresses gratitude appeared first on Daily Tribune......»»
Lacuna family expresses gratitude to everyone who offered their condolences
On behalf of the Lacuna family, Manila Mayor Honey Lacuna would like to thank everyone who offered their condolences to her and the entire family following the passing of their patriarch, former Manila Vice Mayor Danny Lacuna. "Words cannot express our heartfelt thanks for the sympathy, love, and prayers you have offered to our family during these difficult times," she added in a statement. Former and current government officials paid their last respects to VM Danny, including former President Gloria Macapagal-Arroyo and ex-First Gentleman Mike Arroyo, former Vice President Jejomar Binay, former Senator and now Batangas representative Ralph Recto, former Speaker Sonny Belmonte, and Senator Bong Revilla. Even Sen. Jinggoy Estrada, whose father former President Joseph Estrada with whom the Asenso Manileño had a previous falling out, went to the wake and even recounted how VM Danny visited the Estradas while they were detained in Camp Crame. Mayor Honey has vowed to uphold her father's legacy of placing God above everything else and allowing Him to guide her in serving the public while in office. She also said that Asenso Manileño, which was founded and nurtured by the late Vice Mayor, will do its best to make the party retain its status as the dominant local party in the city. Under VM Danny's tutelage, the party has so far produced two mayors—former Mayor Isko Moreno and incumbent Mayor Honey Lacuna. The party was also successful in winning all local elective positions, including the mayor, vice mayor, congressmen, and city councilors. The post Lacuna family expresses gratitude to everyone who offered their condolences appeared first on Daily Tribune......»»
Bong Go commends LGU for Dauin Mega Market soft opening in Negros Oriental
Senator Christopher "Bong" Go commended the local government for the soft opening of the Dauin Mega Market on Thursday, 17 August. The project, worth P156 million, was financed by the local government under its Economic Development Fund and the national government under the General Appropriations Act, with the support of Go, who is vice chairperson of the Senate Committee on Finance. Go expressed his heartfelt gratitude and admiration for the project, emphasizing its importance to the community, saying, “This market is not just a symbol of progress; it is a beacon of hope, reflecting the hard work and dedication of the people of Dauin.” He also highlighted the significance of the free Wifi switch-on, stating, "What we see here is more than a place to buy and sell goods. The Dauin Mega Market is a community hub that can create opportunities for its people.” The Dauin Mega Market Free-Wifi Project aims to strengthen vendors and enhance the shopping experience for customers, reflecting the modern necessity of connectivity. “Ang connectivity po, sa panahon ngayon, ay hindi na luho; ito ay isa nang pangangailangan na kaakibat ng ating pag-asenso,” added Go. The inauguration was attended by the town officials of Dauin headed by Mayor Galicano Truita, along with the Executive Director of the Negros Oriental Tourism Council Woodrow Maquiling, Jr., who represented Go during the event, and Philippine National Police (PNP) Provincial Director PCol. Ronan Claravall. In addition, the ceremony was attended by Frederick Amores, the Regional Director of the Department of Information and Communications Technology, and Edward Du, President of the Negros Oriental Chamber of Commerce and Industry, who played a key role in implementing the free wifi within the mega market. The post Bong Go commends LGU for Dauin Mega Market soft opening in Negros Oriental appeared first on Daily Tribune......»»
Lacuna buried at the Manila South Cemetery
Former Manila vice mayor and Asenso Manileño founder Danilo "Danny" Lacuna has been laid to rest. Before this, the convoy carrying his remains passed by the Manila City Hall quadrangle at 1:00 p.m. on Friday. Employees of the Manila City Hall gathered way ahead of time and waited for the arrival of his remains and paid their last respects to their former vice mayor. The convoy proceeded to the Manila South Cemetery for the 2:00 p.m. interment. Lacuna, the father of Manila Mayor Honey Lacuna, passed away on 13 August 2023. He had served the City of Manila as vice mayor for many terms or a total of 27 years, nine years as councilor and 18 years as mayor. The Asenso Manileño that he founded is now the dominant local party in Manila, having produced two mayors, Isko Moreno and his own daughter Honey. The said political party also cornered all elective local posts in the city, from mayor, vice mayor, and city councilors to congressmen. The post Lacuna buried at the Manila South Cemetery appeared first on Daily Tribune......»»
Ex-VM Lacuna buried today
Former Vice Mayor Danny Lacuna is scheduled to be buried today (Friday) as his remains will be brought to Manila City Hall for the traditional last respect done to all past mayors. Manila City Administrator Bernie Ang announced that City Hall employees will have the final chance to view the remains of the late former Vice Mayor. In a memorandum he issued, Ang said that a motorcade carrying the casket of the late Vice Mayor will be passing by the Manila City Hall quadrangle at 1 pm. on Friday. The motorcade will momentarily stay in the City Hall grounds as tradition would have it. Thus, city employees who wish to condole with the family or pay their respects for the last time may stage themselves in the said area on said date and time, Ang said. From there, the convoy will proceed to the Manila South Cemetery for the 2 p.m. interment. Lacuna, father of Manila Mayor Honey, passed away on 13 August 2023. The Asenso Manilenyo that he founded is the dominant local party in Manila, having produced two mayors, namely Isko Moreno and his own daughter Honey, the eldest in a brood of five. The said political party also cornered all elective local posts in the city, from mayor, vice mayor, congressmen and city councilors. The post Ex-VM Lacuna buried today appeared first on Daily Tribune......»»
Sen. Jinggoy Estrada pays last respects to VM Danny Lacuna, welcomed by Mayor Honey and Family
ALL is well that ends well. Following a political fallout years ago between the Asenso Manileno founded by former Manila Vice Mayor Danny Lacuna and ex-President Erap Estrada, the latter’s son Jinggoy Estrada paid his last respects to the late Vice Mayor. Senator Estrada went to the wake on Monday night to condole with the […].....»»
Former Manila vice mayor Lacuna, 85
Manila Mayor Honey Lacuna on Sunday announced the passing of his father, former Manila Vice Mayor Danilo Lacuna at the age of 85. Through a social media post, the Manila mayor said that their “Daddy Danny” died early Sunday morning surrounded by his loved ones. “A man of great service and compassion, Danny touched many, creating a life that spans further than just his years and into the hearts of us all where he will remain forever,” the post read. To recall, the Lacuna patriarch served as Manila City Councilor from 1968 to 1975, and Manila Vice Mayor from 1970 to 1971; 1988 to 1992; and 1998 to 2007. He also founded the local political party, Asenso Manileño, which produced former Manila Mayor Isko Moreno and incumbent Mayor Honey Lacuna, according to the Manila Public Information Office. The late vice mayor is survived by his wife Melanie “Inday” Lacuna and five children: Honey, Lei, Dennis, Liza, and Philip. Details regarding the wake will be announced later, according to the Manila Public Information Office. The former vice mayor was also adviser of the Manila City Hall Reporters’ Association during his incumbency. During the recent 122nd Founding Anniversary of the Manila City Council, he was conferred the “Dangal ng Konseho Award” in recognition of his decades of selfless service both as member and Presiding Officer of the MCC and for his “compassionate leadership that steered the city council to greater heights, producing measures that redounded to the benefit of a great number of Manilenos and his exemplary performance worthy of emulation by future generation of public servants.” His children, Councilors Dr. Lei and Philip and architect Dennis, received the award in behalf of their father. The post Former Manila vice mayor Lacuna, 85 appeared first on Daily Tribune......»»
Former Manila vice mayor Danilo Lacuna dies
Lacuna founded the local political party, Asenso Manileño, which paved the way for the rise of former mayor Francisco “Isko Moreno” Domagoso and his eldest daughter Honey. .....»»
DBP unloads P1-B LGUs debt support
State-owned Development Bank of the Philippines or DBP has completed the disbursement of funds under the P1-billion interest rate subsidy program covering local government units or LGUs in the implementation of response and recovery interventions during the pandemic, a top official said. DBP president and chief executive officer Michael de Jesus said a total of 264 LGUs, of which, 69 percent belong to the 2nd to 6th income class, benefited from DBP ASENSO-Bayanihan Interest Subsidy Fund or ISF program, which was part of the menu of financial assistance of the national government under Republic Act 11494 or the “Bayanihan to Heal as One Act.” “DBP is honored to be a responsive partner of our LGUs as they continue to build back more from the ill effects of the pandemic,” De Jesus said. “The bank remains steadfast in our commitment to advance the programs of the national government that seeks to strengthen and fortify the resiliency of our LGUs against future challenges,” according to the official. Support to 4 sectors DBP is the eighth largest lender in the country in terms of assets and provides credit support to four strategic sectors which are infrastructure and logistics; micro, small and medium enterprises; environment; social services and community development. RA 11494 mandates government financial institutions to provide subsidies to LGUs for new and existing loans availed for the implementation of their respective Covid-19 response and recovery interventions such as permanent working capital and acquisition of agricultural equipment and construction. De Jesus said that through the DBP ASENSO-Bayanihan ISF program, LGUs were able to conserve financial resources for interest payments, which were channeled to other essential developmental projects that helped create opportunities amidst the slowdown in the national economy. He said most of the projects supported by the program covered infrastructure development such as the construction of roads and bridges, multipurpose buildings, acquisition of heavy equipment units, and Covid-related infrastructure. “As the disbursement phase of the ISF concludes, DBP remains determined to sustain its support for the nation’s economic recovery efforts and explore avenues that will contribute to our country’s overall progress,” De Jesus said. The post DBP unloads P1-B LGUs debt support appeared first on Daily Tribune......»»
Asenso scheme covers riders
“The Pag-IBIG Fund has signed partnerships with the country’s top transport network and app-based courier companies in efforts to bring its membership to delivery riders on 25 May, Thursday. The agency also launched its “Pag-IBIG Asenso Rider Raffle Promo” to encourage Pag-IBIG Fund membership among the estimated 420,000 delivery riders in the country today. “We are very happy to welcome delivery riders as part of Pag-IBIG Fund’s growing membership, a Pag-IBIG official said. By being Pag-IBIG members, they may be able to avail of affordable home financing under the Pambansang Pabahay para sa Pilipino Housing or 4PH Program of President Ferdinand R. Marcos Jr., which aims to make available six million housing units to underserved Filipino families by 2028. Part of mass housing push “These are among our many efforts to solve the country’s housing backlog and enable more Filipinos and their families to secure homes of their own,” said Secretary Jose Rizalino L. Acuzar, who leads the Department of Human Settlements and Urban Development and the 11-member Pag-IBIG Fund Board of Trustees. Pag-IBIG Fund inked agreements with transport network and app-based courier companies Angkas, Food Panda, Grab, Lalamove and Pick A Roo. Better access to benefits With the agreements, the delivery riders of the said companies shall have better access to the Pag-IBIG Fund benefits that include its Regular and MP2 Savings programs which provide competitive returns, and its affordable home loan programs to enable them to purchase homes of their own. These are among our many efforts to solve the country’s housing backlog and enable more Filipinos and their families to secure homes of their own. Meanwhile, Pag-IBIG Fund chief executive officer Marilene C. Acosta expressed optimism that Pag-IBIG Fund’s membership shall continue to grow, especially with the agency’s special raffle promo for delivery riders. “There are now 15.25 million Filipino workers who are active Pag-IBIG members, which is the highest since the pandemic. And, with the Pag-IBIG Asenso Rider Raffle Promo, we hope to encourage more delivery riders to become members so that we can provide even more Filipino workers a secure savings program and affordable home financing. We believe that our delivery riders, whose service and perseverance have been vital in our daily lives, particularly during the pandemic, deserve the best that Pag-IBIG Fund can offer,” Acosta added. The post Asenso scheme covers riders appeared first on Daily Tribune......»»
Pag-IBIG partners with transport network, courier companies
Pag-IBIG Fund signed partnerships with the country’s top transport network & app-based courier companies in efforts to bring its membership to delivery riders on Thursday, 25 May. The agency also launched its ‘Pag-IBIG Asenso Rider Raffle Promo’ to encourage Pag-IBIG Fund membership among the estimated 420,000 delivery riders in the country today. “We are very happy to welcome delivery riders as part of Pag-IBIG Fund’s growing membership. More importantly, by being Pag-IBIG members, they may be able to avail of affordable home financing under the Pambansang Pabahay para sa Pilipino Housing or 4PH Program of President Ferdinand R. Marcos, Jr., which aims to make available 6 million housing units to underserved Filipino families by 2028. These are among our many efforts to solve the country’s housing backlog and enable more Filipinos and their families to secure homes of their own,” said Secretary Jose Rizalino L. Acuzar, who leads the Department of Human Settlements and Urban Development and the 11-member Pag-IBIG Fund Board of Trustees. Pag-IBIG Fund inked agreements with transport network & app-based courier companies Angkas, Food Panda, Grab, Lalamove and Pick A Roo. With the agreements, the delivery riders of the said companies shall have better access to the Pag-IBIG Fund benefits that include its Regular and MP2 Savings programs which provide competitive returns, and its affordable home loan programs to enable them to purchase homes of their own. Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, meanwhile, expressed optimism that Pag-IBIG Fund’s membership shall continue to grow, especially with the agency’s special raffle promo for delivery riders. “There are now 15.25 million Filipino workers who are active Pag-IBIG members, which is the highest since the pandemic. And, with the Pag-IBIG Asenso Rider Raffle Promo, we hope to encourage more delivery riders to become members so that we can provide even more Filipino workers a secure savings program and affordable home financing. We believe that our delivery riders, whose service and perseverance have been vital in our daily lives, particularly during the pandemic, deserve the best that Pag-IBIG Fund can offer,” Acosta added. The post Pag-IBIG partners with transport network, courier companies appeared first on Daily Tribune......»»
‘Chibogan sa B. Rod’ project’s fate depends on DEPW survey — GASA head
CEBU CITY, Philippines — The decision to continue to stop operations or to allow the “Chibogan sa B. Rod” project to open again will depend on the report of the Department of Engineering and Public Works (DEPW) of the Cebu City government. Maria Pino Buanghug, chairperson of Cebu City’s Garbo Asenso Sumbanan Alyansa (GASA), who […] The post ‘Chibogan sa B. Rod’ project’s fate depends on DEPW survey — GASA head appeared first on Cebu Daily News......»»
9K aspirants flock to 3-day PH tourism job fair: DOLE
MANILA - Some 9,000 jobseekers participated in the three-day initial leg of the "Trabaho, Turismo, Asenso" job fair of the government which was held in three areas in the country last week.In a statement Tuesday, the Department of Labor and Employment (DOLE) reported that a total of 407 appl.....»»