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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.....»»
BSP to banks, financial institutions: Prioritize national ID as top identification
The central bank said that institutions should “adopt enhanced measures to ensure the broad acceptance of the PhilID” whether its physical or electronic version as a valid proof of identity and age for all financial transactions. .....»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
Jailed militant serves as key bargaining chip in Israel-Hamas hostage negotiatio
The Financial Times, a leading global financial news publication, has announced a special subscription deal for their iconic print edition. Subscribers can now receive the.....»»
4Ps beneficiaries attend financial literacy orientation
Some 58 beneficiaries of Pantawid Pamilyang Pilipino Program (4Ps) attended the orientation for the pilot implementation of the 4Ps Digital Financial Literacy Program on Saturday (February 24) at the Department of Social Welfare and Development’s (DSWD) Central Office Auditorium in Quezon City. Representatives from the Landbank of the Philippines (LBP); Bank of the Philippine Islands […].....»»
Capital One to Acquire Discover for $35 Billion in Merger of Major US Credit Card Companies
Capital One Financial has announced plans to purchase Discover Financial Services in a landmark deal valued at $35 billion. The acquisition, which will be an.....»»
Struggling with credit card debt: Renters and low-income individuals fall behind – The Daily Guardian
Title: Financial Challenges Persist for Certain U.S. Population Despite Strong Economy Subtitle: Rising inflation, credit card debt, and student loan burdens threaten the financial well-being.....»»
Cebu Province passes ‘Good Financial Housekeeping’ from DILG
CEBU CITY, Philippines — The Cebu Provincial Government recently passed the Department of Interior and Local Government’s (DILG) ‘Good Financial Housekeeping’ (GFH) for the year 2023. Based on DILG’s data on Jan. 25, 2024, Cebu Province is among the passers of the GFH. This assessment is given to an LGU that exhibits compliance with accounting.....»»
Hungary Defies EU Blackmail on Ukraine Funding – The Daily Guardia
The Daily Guardian: Financial Times Offers Discounted Price for Readers In a move to provide convenience and accessibility to its readers, the Financial Times (FT).....»»
17th Asian Financial Forum explores pathways to shared economic growth
Themed "Multilateral Cooperation for a Shared Tomorrow," the Asian Financial Forum commenced on Wednesday at the Hong Kong Exhibition and Convention Centre......»»
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......»»
No objections for e-motorcycle tax breaks in EO12 review
Views and position papers elicited from government agencies and EV industry stakeholders for the revision of an executive order have offered no objection to the inclusion of e-motorcycles in the tax incentives......»»
Capitation rate for PhilHealth s Konsulta package raised; new screening services added
The board of directors of the Philippine Health Insurance Corp. approved on Wednesday an increase in the capitation rate for its outpatient benefits package called Konsulta, along with the inclusion of more screening services......»»
E-vehicle group sees tariff break as ‘game changer’
The Electric Vehicle Association of the Philippines is batting for the inclusion of e-motorcycles in the grant of tax incentives under Executive Order 12 that is already due for mandatory review......»»
E-motorcyles likely included in review of tax breaks – NEDA
The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»
Draymond Green suspensions reason for Team USA omission
Team USA says the non-inclusion of Draymond Green in the Olympic roster may be better for the two-time gold medalist, who’s ‘working through some things both on and off the court’.....»»
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.....»»
Capitol offers financial aid for Palaro
Capitol offers financial aid for Palaro.....»»
Why Saving More than 20% Can Boost Your Finances
The 50/30/20 budgeting rule is a popular financial guideline that suggests allocating 50 percent of your income to needs, 30. percent to wants, and 20 percent to savings and debt repayment. While saving 20 percent is a significant step towards financial security, there are compelling reasons to push beyond this benchmark if your budget allows. […].....»»
Vendors at Bacolod Vendor’s Plaza to get financial aid
Vendors at Bacolod Vendor’s Plaza to get financial aid.....»»