Teacher’s mounting loans: whose problem is it?

Fernando Fajardo 08/23/2018

This year, the total number of permanent civilian and military/uniformed plantilla positions in the national government is about 1.71 million of which more than 1.46 million are filled and 247 thousand unfilled. Of the total number of…

China loans: PH natural resources as collateral?

Inquirer.net 03/07/2018

A maritime expert on Tuesday expressed alarm over a report in a state-controlled Chinese newspaper that the Philippine government would use natural resources as collateral for multimillion-dollar loans from China. If true, the arrangement would have serious…

P3 offers soft loans for micro entrepreneurs

Intern 05/31/2017

  THE Department of Trade and Industry in Central Visayas (DTI-7) announced on Wednesday the nationwide roll out of Pondo sa Pagbabago at Pag-asenso (P3). P3 is a lending program initiated by President Rodrigo Duterte for micro…

Cash loans in Cebu go digital

Intern 05/18/2017

CASH loans in Cebu are going digital, paperless, and more accessible thanks to a new digital financial service made possible by Cash Credit in collaboration with FINTQ, Voyager Innovations, and Smart Padala. Called “Pera Agad”, this latest…

Tax reform revenues, domestic loans to fund Duterte’s infra buildup

Inquirer.net 05/17/2017

MANILA — Finance Secretary Carlos G. Dominguez III reiterated on Wednesday that the Duterte administration’s planned infrastructure buildup would be funded mainly by revenue gains from comprehensive tax reform as well as local borrowings to avoid falling…

Alternative lending sources may solve financing woes

Victor Anthony V. Silva 06/09/2016

As access to financing remains a challenge for micro, small and medium enterprises (MSMEs) in the country despite government efforts to develop this sector, trade officials are encouraging entrepreneurs in this sector to avail of financing from…

Capitol eyes P20-M bank loan

Fe Marie Dumaboc, Melissa Q. Cabahug 12/30/2014

For the first time after more than a decade, the Cebu Provincial Government will  avail of a P200 million bank loan for the purchase of heavy equipment. The Capitol is also asking the Department of Budget and…

Don’t connect mayor’s office to bank case, Radaza tells foes

Norman V. Mendoza 02/06/2014

The heat is on for Lapu-Lapu City Mayor Paz Radaza after a criminal complaint was filed  against her  by the Philippine Deposit Insurance Corp. (PDIC) over alleged fake loans in the shuttered Subangdaku  Rural Bank where she…

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