Pag-IBIG widens housing loan support as Philippine property demand weakens
Financing measures include a subsidised 3% annual rate for low-income buyers and discounts of up to 30% on selected acquired properties.
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Financing measures include a subsidised 3% annual rate for low-income buyers and discounts of up to 30% on selected acquired properties.
The financing will support fuel and electricity supplies, transport affordability, aid for vulnerable groups and assistance for overseas Filipino workers.
Private media subsidies, journalist training and community information services are among the priorities outlined to parliament.
The 2024 survey put rural poverty at 45.5% and urban poverty at 18.4%, highlighting uneven access to economic opportunities.
The recommendations cover economic stability, spending efficiency and financing options to ease pressure on the Petroleum Fund.
Disbursed foreign investment reached US$21.07 billion, a five-year high, while foreign-invested companies accounted for 80.7% of exports.
Payments account for 57% of revenue, while lending and wealth management contribute 43%, according to the Philippine mobile wallet.
The IHSG rose 4.16 per cent in the first trading session, while Telkom Indonesia recorded the largest net foreign inflow.
PT Investasi Sukses Bersama’s holding fell from 54.42 per cent to 27.756 per cent following the divestment.
The certificates cover September 15, 2026, to September 14, 2027, with unregistered operators facing fines, imprisonment or both.