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Day: November 18, 2025

Pag-IBIG Offers Payment Moratorium and Insurance for Calamity-Affected Borrowers

Manila: Pag-IBIG Fund is offering a one-month payment moratorium and reminding borrowers of their Housing Loan insurance coverage to help members recover from the devastation caused by recent typhoons and earthquakes, officials announced on Tuesday. According to Philippines News Agency, Department of Human Settlements and Urban Development Secretary and Pag-IBIG Fund Board Chairman Jose Ramon Aliling stated that the measures reflect Pag-IBIG Fund’s ongoing commitment to provide responsive support to Filipino workers affected by disasters. This initiative aligns with President Ferdinand R. Marcos Jr.’s directive to accelerate recovery efforts in calamity-hit areas. Aliling emphasized, “Guided by President Marcos’s directive for

DFA Thanks G7 for Opposing Force, Coercion in South China Sea

Manila: The Philippine government, through the Department of Foreign Affairs (DFA), expressed gratitude to the Group of Seven (G7) for their opposition to the use of force and coercion in the South China Sea. According to Philippines News Agency, the DFA issued a statement on Tuesday emphasizing the Philippines’ alignment with the G7’s concerns over the use of dangerous maneuvers and water cannons, as well as efforts to limit freedom of navigation and overflight through militarization and coercion in the area. The DFA acknowledged the G7’s call for security, stability, and prosperity in the Indo-Pacific region, including the South China

PBBM Calls on HSBC to Promote Philippines as ‘Nation of Promise’ to Investors

Taguig city: President Ferdinand R. Marcos Jr. has urged international bank HSBC to assist in showcasing the economic potential of the Philippines to foreign investors. Speaking at HSBC’s 150th anniversary gala in Taguig City, Marcos emphasized the need to create a progressive economic environment where reliable financial services and meaningful opportunities are accessible to all citizens. According to Philippines News Agency, President Marcos highlighted HSBC’s involvement in government initiatives, including participation in the SEC-registered USD3.3 billion-equivalent dual currency global bond issuance. This bond is intended to support ongoing government programs in infrastructure, education, and social protection, benefiting citizens reliant on