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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 ...
Historical marker installed in 2008 at the SSS head office in Quezon City. President Manuel Roxas, to give relief to the people who were facing difficulties in the post-war period, called on the legislators to create a social security program in his State of the Nation Address in January 1948 but he died without passing the bill.
April 21: Dahil May Isang Ikaw 1, Dahil sa Pag-ibig 1, Ipaglaban Mo! 1 6 and Nasaan Ka Nang Kailangan Kita 1 on All TV; April 22: Komiks: Da Adventures of Pedro Penduko 1 4, Krystala and Minute to Win It: Last Man Standing (season 2) 1 on All TV; April 27: Komiks Presents: Wakasan on All TV 1; April 29: Again My Life on All TV
Department of Foreign Affairs undersecretary Eduardo De Vega has put forward the so-called "Magna Carta for Seafarers", a bill that was to be signed by President Ferdinand Marcos Jr. in February 2024 but was put on hold for review. Senate Bill No. 2221, "An Act Providing for the Magna Carta of Filipino Seafarers" (and the House of ...
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]
2014 operation subsidies and program funds that GOCCs received from the national government. GOCCs receive from the government "subsidies" and "program funds". [6] Subsidies cover the day-to-day operations of the GOCCs when revenues are insufficient while program funds are given to profitable GOCCs to pay for a specific program or project.
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 ...
The company's low-cost housing units and lots were made more affordable through the government's Home Development Mutual Fund (HDMF, also known as Pag-IBIG Fund) housing loan program. [2] [3] Globe Asiatique's first residential housing project was the Santa Barbara Villas I subdivision in San Mateo, Rizal launched in 1994.