Landbank at PAGCOR, may pinakamalaking remittance para sa taong 2013
admin • June 9, 2014 • 2776
President Benigno S. Aquino III receives from Land Bank of the Philippines President and Chief Executive Officer Gilda Pico the dividend check amounting to P6.3 billion, during the 2014 Government-Owned or -Controlled Corporations (GOCC) Dividends Day held in Malacañan Palace. — June 9, 2014. (Photo by the Malacañang Photo Bureau)
MANILA, Philippines — Siyam na Government-Owned and Controlled Corporations (GOCCs) ang napabilang ngayon sa billionaires’ club para sa taong 2013.
Sa isinagawang Dividends Day ng GOCC kaninang umaga sa Malakanyang, iprinisinta ng 49 GOCC’s ang kanilang mga dibidendo para sa National Treasury.
Nangunguna sa may pinakamalaking remittance ang Land Bank of the Philippines na may P6.3 billion, Philippine Amusement and Gaming Corporation (PAGCOR) na may P4 billion remittances.
Kabilang rin sa billionaires’ club ang Manila International Airport Authority (MIAA), Philippine National Oil Company (PNOC), at Philippine Ports Authority (PPA).
Umabot ng P32.31-billion ang remittance ng mga GOCC sa taong 2013, higit na mas mataas kumpara noong 2012 na P28 billion lamang.
Sa tatlo at kalahating taon, umabot na sa mahigit P95 billion ang na-iremit ng GOCC sa national government.
Sa kanyang talumpati, sinabi ng pangulo na katunayan lamang ito ng ginagawang reporma ng pamahalaan.
“Noong nagsimula po tayo, kung sino pa ang nagwaldas at nagbulsa ng pondo ng mga GOCC, sila pa ang pinakamaingay sa mga kritiko natin. Nagbato sila ng putik, nagpakalat ng kung anu-anong kontrobersya sa media. Ang gusto nilang palabasin: wala naman talagang mangyayaring pagbabago.”
Ayon pa sa Pangulo, pinag-aaralan na rin ang panukalang dagdagan ang kompensasyon ng mga kawani ng pamahalaan, upang mailayo sa korapsyon.
“Pinag-aaralan na po natin ang mga mekanismong maglalapit sa natatanggap na kompensasyon ng ating mga personnel sa kinikita ng mga nasa pribadong sektor. Nais po nating mabigyan sila ng tamang timpla ng basic pay at allowance, upang masuklian ang kanilang buong-pusong paglilingkod sa bayan,” pahayag pa ng Pangulo.
Taunang isinasagawa ang Dividends Day sa ilalim ng finance department, kung saan dito rin kinilala ang mga GOCC na nagbibigay ng malaking ambag sa kaban ng bayan. (Nel Maribojoc / Ruth Navales, UNTV News)
MANILA, Philippines—The Manila International Airport Authority (MIAA) has reached a remittance of P13.9 billion in dividends to the National Government from 2016 to 2019.
Department of Transportation (DOTr) Secretary Arthur Tugade lauds the MIAA for its achievement which surpassed its total remittances in the last 20 years.
“MIAA’s performance in four years show consistent good fiscal management. My congratulations to the men and women of the MIAA, with the leadership of GM Ed Monreal, for your sterling numbers. The Filipino people stand to benefit from your good work,” he said.
MIAA General Manager Ed Monreal reiterated the agency’s commitment to further enhance the financial management as well as improve the infrastructure and operations of NAIA.
“Ultimately, our fiscal performance should resonate in our efforts in making each airport passenger satisfied beyond expectations,” he said. AAC
MANILA, Philippines – The Manila International Airport Authority (MIAA) has once again cut down the number of arrivals at the Ninoy Aquino International Airport (NAIA) as a consequence of the Philippine Red Cross’ decision to stop its swab testing service to returning overseas Filipino workers (OFWs).
Thousands of repatriated OFWs remain in quarantine facilities in Metro Manila, desperately waiting for the results of their swab tests.
One of them is Harlene Gariando who used to work as a household worker in Singapore but after a conflict with her employer, she decided to return home on October 18.
It has been four days since she arrived but until today, she is not certain as to when she will be able to get her swab test result.
“Madali na po sana ang resulta para kami pong mga naghihintay dito ay makauwi na rin sa aming mga mahal sa buhay [We hope the result would come out soon so we could go home to our families],” she said.
“Sana malaman po kaagad ng maaga kasi para hindi rin po nagaalala yung mga mahal namin sa buhay rin po [The results should be made available soon so our families will not worry],” she added.
MIAA General Manager Eddie Monreal said they have to minimize the number of arrivals once again to make sure that the government’s One-Stop-Shop will be able to accommodate all returning OFWs.
“Ang challenge po ay nasa One Stop Shop being manned by Coast Guard and pagdating nung mga kababayan natin limitado po ang kapasidad ngayon sa pagte-test [The challenge now is with the One-Stop-Shop being manned by the Coast Guard because the swab testing at present is limited as compared to the arriving OFWs],” Monreal said.
“As far as the airport is concern, kami po sa paliparan wala po kaming nakikitang problema except for those reduction po na maapektuhan ang pagparating ng ating mga kababayan [As far as the airport is concerned, we don’t have any problem except for the arriving OFWs who will be affected by the reduction of flights],” he added.
The Philippine Coast Guard (PCG), meanwhile, is trying to replicate the process of the PRC when it comes to swab testing, one is to allow online registration prior to the OFWs return flight.
“Kasi iyong E-CIF di ba bago pa pumunta dito sa Pilipinas, three days before nirerequire na natin noon in coordination with the Red Cross na magpirma na nung CIF [The process with E-CIF, three days before they arrive in the Philippines they are required to sign a CIF with Red Cross],” explained Commodore Armand Balilo, PCG’s Spokesperson.
“Para pagdating dito dere-derecho ang pila. Pupunta lang sa counter ng Coast Guard tapos isa-swab [So when they arrive, they just fall in line. They just go straight to the Coast Guard’s counter and there they will be swabbed],” he added.
At present, the PCG has partnered with 12 government hospitals to where the specimens of OFW are forwarded.
The agency also employed more IT personnel to speed up the encoding of data.
PCG explained that OFWs may request to speed up the processing of their swab tests. They may either pay P3,5000 to the PRC or they may prefer to have their swab test taken in private hospitals but they have to pay as much as P10,000 for it.
The PCG is hoping that the PRC will resume its service the soonest especially with the expected surge of returning OFWs by the end of the year. –MNP (with reports from Joan Nano)
MANILA, Philippines – State-run Land Bank of the Philippines (Landbank) is offering loans up to P150,000 per student to families in need of financial assistance to continue sending their children to school amid the COVID-19 pandemic, the Department of Finance (DOF) said.
Landbank’s education program, dubbed as the Interim Students’ Loan for Tuition toward Upliftment of Education for the Development of the Youth (i-STUDY), will allow parents, guardians, or benefactors of students in private schools to borrow an amount equivalent to one school year or two semesters, the DOF said, citing a report by Landbank president and CEO Cecilia Borromeo to Finance Secretary Carlos Dominguez III.
“This program will not only help families who have kids they want to send to school, but will also assist private schools and downstream industries to sustain and continue their operations,” Borromeo said in a statement.
Loans under the i-STUDY program carries an affordable fixed interest rate of five percent per year.
Short-term loans payable within one year are available for pre-school, primary and secondary school students under the program, while term loans payable up to a maximum of three years, inclusive of a one-year grace period on the principal amount are available for tertiary level students.
Loans under the program cannot exceed P300,000 per eligible borrower, Borromeo said.
Landbank’s i-STUDY program was introduced “in response to President Duterte’s call to support students during this time of crisis,” according to Borromeo.
It also launched in May this year a lending program targeting private schools hit hard by the COVID-19 crisis.
An initial batch of over 60 private educational institutions have expressed interest in tapping the bank’s Access to Academic Development to Empower the Masses towards Endless Opportunities (ACADEME) lending program.
The program aims to extend credit to private high schools, private technical-vocational education training institutions, colleges and universities with the goal of encouraging students to enroll under a “study now, pay later” setup by allowing their parents to issue promissory notes for their academic fees.
These promissory notes will then be refinanced or rediscounted under the program, with schools allowed to borrow as much as 70 percent of the sub-promissory note per semester and subject.
However, schools can only borrow up to a certain maximum amount based on the net borrowing capacity of the institution.
Loans under the program carry an interest rate of three percent per annum and are payable based on the maturity of the sub-promissory notes but not to exceed three years.
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