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The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
In December 2023, Pag-IBIG approved ₱12 billion credit line for the National Housing Authority, which will finance the development of 9,110 housing units nationwide (4,111 units in Quezon City, 1,377 in Valenzuela, 944 in Zamboanga City, and 535 in San Juan). [6] The 4PH Program is envisioned to create smart cities nationwide. [7]
The card features the text "Republic of the Philippines, Unified Multi-Purpose ID" on the top. Information fields on the front include: [4] [8] Surname; Given Name; Middle Name; Sex; Date of Birth; Address; The card also contains a picture of the bearer's face, signature and common reference number (CRN) or SSS number on the front.
On June 2, 1978, the DSSD was renamed Ministry of Social Services and Development (MSSD) in line with the change in the form of government. In 1987, the MSSD was reorganized and renamed the Department of Social Welfare and Development (DSWD) through Executive Order 123, which was signed by President Corazon C. Aquino .
In the Philippines, monetary policy is the way the central bank, the Bangko Sentral ng Pilipinas, controls the supply and availability of money, the cost of money, and the rate of interest. With fiscal policy (government spending and taxes), monetary policy allows the government to influence the economy, control inflation, and stabilize currency.
The Department of Public Works and Highways (Filipino: Kagawaran ng mga Pagawain at Lansangang Bayan), abbreviated as DPWH, is the executive department of the Philippine government solely vested with the mandate to “be the State's engineering and construction arm” and, as such, “tasked to carry out the policy” of the State to “maintain an engineering and construction arm and ...
Endo (derived from "end-of-contract") [1] refers to a short-term de facto employment practice in the Philippines.It is a form of contractualization which involves companies giving workers temporary "employment" that lasts for less than six months (or strictly speaking, 180 calendar days) and then terminating their employment just short of being regularized in order to skirt on the costs which ...
[86] [87] Attractive economic opportunities boosted Chinese immigration to Spanish Manila and the new Chinese settlers brought with them their skills, culinary traditions and language, with the latter then influencing the native languages of the Philippines in the form of loanwords, most of which are related to cookery. [88]: 5 [89]