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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......»»
NEWS BRIEFS | 11 March 2024
Three news barangays created in Marawi City Voters in Marawi City ratified the creation of three new barangays during a plebiscite held last Saturday there, the Commission on Elections (Comelec) said. In a statement, the Comelec said that 2,121 out of 2,265 voters approved the creation of the three barangays. The voters came from the three barangays […].....»»
2 from Marawi with gun, shabu in car arrested in Davao City
Two residents of Marawi City were arrested after policemen and soldiers in a checkpoint in Barangay Lasang in Davao City found P727,000 worth of shabu and a .45 caliber pistol in their vehicle early Saturday......»»
More SAF personnel deployed in Lanao del Sur, Marawi City
The Bangsamoro regional police on Monday deployed personnel of the elite Special Action Force in three towns in Lanao del Sur and in Marawi City to help local officials guard against clan wars and protect constituents from local terrorists......»»
Shabu dealer linked to Dawlah Islamiya busted in Marawi
Another drug trafficker identified with the Dawlah Islamiya was arrested after selling P102,000 worth of shabu to non-uniformed policemen in a sting operation Thursday in Barangay Cabasaran in Marawi City......»»
Marawi has 3 new barangays
Barangay officials may be appointed in Marawi following a successful plebiscite that ratified the creation of three new villages in the city......»»
6 soldiers killed, 4 others wounded in clash with Maute Group in Lanao Norte
CAGAYAN DE ORO (MindaNews / 19 February) – Six Philippine Army members were killed while four others were wounded on Sunday while pursuing the militant Dawlah Islamiyah-Maute Group blamed for the December 3 Catholic Mass bombing inside the Mindanao State University in Marawi City (MSU-Marawi), military officials said. In a statement, General Romeo Brawner Jr., […].....»»
Sectors revive conflict-affected Marawi public library
Cross-section efforts to reopen and convert into a “peace education facility” the Marawi City Public Library, shut as the Maute terror group laid siege to 11 barangays in the city for five months in 2017 and remained closed due the COVID-19 pandemic, are gaining headway......»»
Z’Nars Jewelers-Marawi City lords Sinulog Cup 2024 cage wars
CEBU CITY, Philippines — The Z’Nars Jewelers-Marawi City ruled the Sinulog Cup 2024 Basketball Tournament after outlasting the equally-determined OCCCI Sheermasters-Ormoc City, 95-89 in their winner-take-all championship game on Saturday evening at the Cebu City Sports Institute. Mac Tallo was named the finals “Most Valuable Player” after dropping 21 points, seven assists, and four rebounds. .....»»
Marawi, BARMM plebiscites set
The Commission on Elections has scheduled plebiscites to ratify the creation of three barangays in Marawi, Lanao del Sur and eight towns in Cotabato......»»
Metrobank Makes Achieving Your Home Goals Easier With Its Free Appraisal Fee Promo!
This February, Metrobank is again making it easier for Filipinos to achieve their dream home as it brings back its free appraisal fee promo – giving clients up to PHP 5,500 in savings on their home loan. From February 1 to March 29, 2024, qualified clients who will submit a complete home loan application to […].....»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
Bataan fishermen receive livelihood aid from BFAR
Bataan fishermen receive livelihood aid from BFAR.....»»
23 Makati barangays to receive P10M from real property tax collection
The Makati City government said that 23 of its barangays are slated to receive an extra P10 million each from the city's basic real property tax collection......»»
SteelAsia secures P8.3 billion loan for Batangas steel mill
SteelAsia Manufacturing Corp. has obtained a loan amounting to P8.3 billion from the Government Service Insurance System (GSIS), the Development Bank of the Philippines (DBP) and Philippine Business Bank (PBB) to support the completion of its P18-billion steel section mill in Lemery, Batangas......»»
Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
Maya Bank lends P2.75 billion to fintech firm Tala
Philippine digital lender Maya Bank has signed a loan channeling partnership with global financial technology firm Tala, providing P2.75 billion of loan capital to the fintech company......»»
ADB, Buskowitz Solar ink $12 million loan for rooftop panels
The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the Philippines......»»
BPI bullish this year amid continued loan growth
After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»
Suntrust secures $38 million loan for Parañaque casino project
Suntrust Resort Holdings Inc. has secured a $38-million loan to fund the development of its casino project in Parañaque City......»»