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MANILA, Philippines – The Department of Education (DepEd) will be giving public school teachers P5,000 each as financial assistance to help them prepare for the school year. The funds will be given to teachers on Monday, August…
The Securities and Exchange Commission (SEC) has ordered the immediate shutdown of five online lending operators that are offering loans to the public without any authority or even corporate vehicle to do so. In an order issued…
CEBU CITY, Philippines — Resorts in Cebu Province that sustained damages from Typhoon Odette will have a chance to rebuild again. Governor Gwendolyn Garcia said that the Capitol is in negotiations with the Landbank of the Philippines…
CEBU CITY, Philippines – With no existing loans or financial obligations from any institution, and with surging assets and increasing income, you can’t really blame Cebu Governor Gwendolyn Garcia to feel extra proud these days. Garcia announced…
CEBU CITY, Philippines — Cebu City Councilor Prisca Niña Mabatid has expressed her support to the Jeepney Task Force’s appeal to Mayor Edgardo Labella to reopen all routes in the city. Aside from this, she is offering the…
The state-run Land Bank of the Philippines (Landbank) has provided loans to three private educational institutions on top of more than 80 in the shortlist with “study now, pay later” programs to be made available to students…
The Bangko Sentral ng Pilipinas (BSP) on Thursday reminded lending institutions that they are prohibited from charging interest on interest, fees and charges—such as late payment fees—on all loan payments falling due within the ongoing quarantine period.…
Borrowers, tenants and lessees have another 30 days after the lifting of the community quarantine to pay their loans and rent, the Inter-Agency Task Force (IATF) on Emerging Infectious Diseases said in its Resolution No. 33 approved…
CEBU CITY, Philippines — Utility companies, banks, and the city government will be giving deadline extensions to the public for the payment of bills, loans, and taxes. Mayor Edgardo Labella revealed that the Metropolitan Cebu Water District…
MANILA, Philippines — Malacañang is now open to getting loans and grants from countries that had backed Iceland’s resolution in the Human Rights Council seeking an investigation into the rights situation in the Philippines. A Feb. 27…
CEBU CITY, Philippines–The Bank of Philippine Islands (BPI) targets an increase in the number of clients for its loan services for small and medium enterprises. Junie Veloso, head of BPI’s newly-formed business banking segment, said most of…
Despite the perceived high income they receive, it becomes difficult for some Filipino seafarers to make the earnings last for the period of vacation and examinations, which in recent times can be inordinately long. Not all seafarers…
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