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MANDAUE CITY, Philippines – Mandaue City is planning to borrow P3 billion to construct a government center and other infrastructure projects. On Tuesday, July 11, the city council during its session approved on the first reading, the…
MANILA, Philippines — Following an onion crisis that saw both consumers and producers struggle, the Department of Agriculture (DA) launched a special loan program for farmers, said the agency on Friday. During the final quarter of 2022,…
CEBU CITY, Philippines — Department of Transportation (DOTr) Secretary Jaime Bautista said that the World Bank and the French government, through the Agence Francaise de Developpement (AFD), two of the world’s largest financial institutions behind the Cebu…
DEHRADUN, India — An Indian couple are taking their son to court demanding that he and his wife produce either a grandchild within a year or cough up almost $650,000. Sanjeev and Sadhana Prasad say that they…
CEBU CITY, Philippines — Cebu City Mayor Rama promises that the remaining balance of the South Road Properties (SRP) loan will be fully paid this year. This was his statement in a press conference on Monday, February…
CEBU CITY, Philippines — The Cebu Provincial Government has partnered with three banks to provide loans for provincial residents venturing into food production businesses for the Enhanced Countryside Development (EDC). Governor Gwendolyn Garcia, representing the Capitol, signed…
MANILA, Philippines—The Philippines has further raised to $500 million (about P24 billion) the loan it is requesting from the World Bank for coronavirus vaccines as more funds were needed to pay vaccine makers at least half in…
CEBU CITY, Philippines — Cebu City may take the P5 billion loan offer of the LandBank of the Philippines if the local finance committee finds no problems in doing so. Mayor Edgardo Labella said that the LBP…
CEBU CITY, Philippines–The Social Security System (SSS) opens 70 offices, including three in Cebu, to accept applications for the loan restructuring program (LRP). The LRP with penalty condonation will waive penalties for members with past due short-term…
THE PROVINCIAL Board will discuss on first reading today measure giving Gov. Hilario Davide III the authority to enter into a loan agreement amounting to P1.525 billion with the Development Bank of the Philippines (DBP) for the…
The Department of Finance (DOF) and Japan International Cooperation Agency (JICA) agreed on a fresh loan of 4.376-billion yen to the Philippines — equivalent to P2.1 billion at the prevailing exchange rate — to help fund the…
THE Social Security System has already released P49.8 million in pension loans to 1,976 pensioners who availed of the first-of-its-kind loan program piloted by the state-run pension fund this month. In just 12 days after the pension…
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