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(Eagle News) — Recognizing the effect of the pandemic on the economy, the Social Security System announced programs that would help both individual members and employers to settle long-past due payments for loans, as well as overdue contributions, without paying the penalties. “Given the circumstances we are faced with today, we do not want to add burden to those who are already encountering hardships,” said SSS President and Chief Executive Officer Aurora C. Ignacio […]
(Eagle News)–President Rodrigo Duterte has not issued any memorandum to put a stop to negotiations or pacts on loans with countries that expressed support for a probe into the Philippines’ drug war. Presidential Spokesperson Salvador Panelo issued the remark after a Reuters report said an Aug. 27 memorandum had directed the same against countries that backed the resolution spearheaded by Iceland. Eighteen countries voted in favor of the July 11 resolution, 14 were against, and […]
(Eagle News) – Finance Secretary Carlos Dominguez III has urged local government units (LGUs) to tap funds to build climate-resilient communities and implement development projects. In a statement on Monday, March 19, the finance chief advised LGUs to take advantage of the two funding programs administered by the Department of Finance’s Municipal Development Fund Office (MDFO)—the People’s Survival Fund (PSF) and the Municipal Development Fund (MDF). According to Dominguez, LGUs can avail of the […]
MANILA, Philippines (Eagle News) – Through a survey, the Bangko Sentral ng Pilipinas is forecasting that more Filipinos will apply for loans this fourth quarter with an increased demand on real estate and housing loan as well as enterprise and commercial loans. (Eagle News Service Jay Paul Carlos, Vince Alvin Villarin)
