Pag-IBIG okays loan grace period, program

The Home Development Mutual Fund (Pag-IBIG Fund) announced on Friday that it had granted a 60-day grace period on all loan payments and was offering a special loan restructuring program for home-loan borrowers to give members financial relief during the coronavirus disease 2019 (Covid-19) pandemic. In a statement, Human Settlements Secretary Eduardo del Rosario said the state-run agency granted the one-time grace period in accordance with Republic Act...

Chinese investors snap up mutual funds with Ant Group share allocations even before mega listing has kicked off

Chinese investors have begun booking their bit of Ant Group’s mega initial public offering, snapping up new mutual funds picked by the digital payments juggernaut as strategic buyers, even before the flotation has kicked off.About 10 billion yuan (US$1.5 billion) worth of five mutual funds that have been allocated shares from Ant’s mainland tranche were sold within an hour of going on sale on Friday morning. Two of...

“An Extremely Dangerous Game” – Central Bankers ‘Extend & Pretend’ Has Increased Risk Of “Catastrophic Collapse”

"An Extremely Dangerous Game" - Central Bankers 'Extend & Pretend' Has Increased Risk Of "Catastrophic Collapse" Tyler Durden Sat, 09/26/2020 - 10:30 In recent weeks, there has been a lot of talk about the role of the world's central bankers going forward. With that in mind, now seems like a good time to recap the market bailout operations during the past few years... to get some insights into...

Pag-IBIG, DepEd among Top 10 most visited agencies in online gov’t job fair

The Home Development Mutual Fund or Pag-IBIG Fund, Department of Education, Land Bank of the Philippines, Philippine National Oil Co., and Development Bank of the Philippines were among the Top 10 most visited agencies at the recent 2020 Government Online Career Fair (GOCF) organized by the Civil Service Commission (CSC) and Jobstreet.com. The CSC noted that the most viewed jobs or occupations were administrative positions and that around...

FIR lodged against Franklin

The FIR is based on a complaint filed by the Chennai Financial Markets & Accountancy, an investor group in May this year.This comes even as the Karnataka high court has finished hearing the arguments in the four investor petitions filed against the AMC against its decision to wind down these schemesWant to know more on FIR lodged against Franklin click here go to Mutual Fund news source. Mutual...
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