Page 64 - Savings Program News Today

Pag-IBIG Fund posts lower net profit in 2020 March 4, 2021 | 12:02 am THE HOME Development Mutual Fund (Pag-IBIG Fund) saw its net income drop by 10.9% last year amid the coronavirus pandemic, with its housing loans reaching an all-time high towards the end of 2020, the Department of Finance (DoF) said on Wednesday. The DoF said Pag-IBIG Fund posted a net income of P31.18 billion in 2020, citing a report from the mutual fund. This is lower than the record high of P35 billion it logged in 2019, ...

Allergan, an ABBVie company, today announced that the U.S. Food and Drug Administration has approved BOTOX ® for the treatment of detrusor overactivity associated with a neurologic condition in pediatric patients 5 years of age and older who have an inadequate response to or are intolerant of anticholinergic medication. Neurogenic detrusor overactivity occurs when the spinal cord and bladder are not able to … – Allergan, an ABBVie (NYSE: ABBV) company, today announced that the U.S. Food a...

Read / Add Comments A new BJ’s Wholesale Club has opened in the Hudson Valley, bringing dozens of temporary and full-time jobs to the region. The wholesale giant opened up the new 89,000-square-foot club in Orange County on Auto Park Place in Newburgh, making it the company’s 44th location in New York and 220th across the country. At BJ’s, club members will have their option of a wide assortment of fresh foods, a full-service deli, and household essentials such as paper and ...

BJ’s Wholesale Club opened its 220th and 221st locations late last month with new clubs in Long Island City and Newburgh, N.Y. The 79,000-square-foot club in Long Island City, located at 34-60 48th St., in the New York City borough of Queens, opened to the public on Jan. 29, a week after the opening of the 89,000-square-foot club at 401 Auto Park Place in Newburgh, about 60 miles north of Manhattan. The two new clubs mark BJ’s 44th and 45th locations in New York, with the Long Island City s...

Pag-IBIG Fund’s home loan releases reached P12.11 billion in December, hitting a record-high despite the economic blow of the coronavirus pandemic, as reported by Manila Standard. Compared to the amount recorded in December 2019, which hit P11.47 billion, 2020 figures registered a six percent growth. According to the Department of Human Settlements and Urban Development Secretary Eduardo del Rosario, the takeouts in December was the highest for a single month in Pag-IBIG Fund’s history. The...

Published January 28, 2021, 10:29 AM An additional 51 local micro-entrepreneurs received zero-interest loans from the Muntinlupa City government to tide them over amid the ongoing COVID-19 pandemic. Mayor Jaime Fresnedi (center) turns over the city government’s zero-interest loan assistance amounting to P938,000 to the new Tulong Negosyo beneficiaries at the Muntinlupa City Hall. (Muntinlupa PIO / MANILA BULLETIN) Mayor Jaime Fresnedi turned over P938,000 loan assistance to 51 micro, small, a...

Making the Savings Decision More Palatable for Participants Research and real-life experience show that framing amounts employees need to save in smaller bits can help them increase and sustain their savings. Reported by Research has found that when savers perceive the amounts they need to save on more granular terms, such as $5 per day as opposed to $150 per month, they are more likely to commit to and sustain a personal savings regimen. Hal Hershfield, an associate professor of marketing at t...

Pag-IBIG Fund members save record-high P13.3B in MP2 amid pandemic, up 11% in 2020 January 18, 2021 | 9:24 am Despite the uncertainties caused by Covid-19 last year, Pag-IBIG Fund members turned to the agency’s MP2 Savings and collectively saved over P13 billion, setting a new record for the amount saved voluntarily by members under the program in a single year. “We are happy to report that despite the impact of the pandemic to our economy last year, the amount saved by our members in the P...

A Chestnut Ridge Middle School student’s artwork will be showcased this year as one of the winning entries in Pennsylvania Attorney General’s 24th Annual Drug-Free Calendar Contest. Jeffery Ickes, son of Bradley and Jo Ickes of Osterburg, created the March artwork for this year’s calendar contest. He received a certificate and a $529 contribution to his Pennsylvania 529 College Savings Program, which the Pennsylvania Treasury Department supervises. “I was very happy, and exc...

January 18, 2021 DESPITE the uncertainties caused by Covid-19 in 2020, Pag-Ibig Fund members turned to the agency’s MP2 Savings and collectively saved over P13 billion, setting a new record for the amount saved voluntarily by members under the program in a single year. “We are happy to report that despite the impact of the pandemic to our economy last year, the amount saved by our members in the Pag-Ibig MP2 Savings last year surpassed P13 billion. This is the highest-ever amou...