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DBP lends P815 million for Bulacan social housing project
September 01, 2025
|Business World Philippines
STATE-OWNED Development Bank of the Philippines (DBP) has extended a P815-million term loan to a mass housing developer for the construction of three residential buildings in Bulacan, heeding calls from President Ferdinand R. Marcos, Jr. to broaden support to the housing sector.
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DBP President and Chief Executive Officer Michael O. de Jesus said the bank’s funding assistance to Bright Homes & Realty Corp. is under its Credit Facility for the 4PH Program (BAHAY-4PH) specifically designed to mobilize resources for the Bagong Pilipinas - Pambansang Pabahay para sa Pilipino (4PH) Program of the Marcos Administration.
هذه القصة من طبعة September 01, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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Business World Philippines
Incoming US envoy, PHL ambassador discuss economic cooperation
THE INCOMING US ambassador to the Philippines and Manila’s top envoy in Washington discussed expanding economic cooperation and strategic industries ahead of a year marked by deeper bilateral engagement and major joint infrastructure initiatives.
2 mins
May 21, 2026
Business World Philippines
PAGEONE Media accredited to cover 79th Festival de Cannes
PAGEONE Media has been officially accredited by the prestigious Festival de Cannes, granting the organization official press access to the 79th edition of the world-renowned film festival, which will take place from May 12-23 in Cannes, France.
1 mins
May 21, 2026
Business World Philippines
New York Knicks rally from 22-point fourth-quarter deficit, stun Cleveland Cavaliers in overtime
JALEN BRUNSON scored 17 of his game-high 38 points during the final eight minutes of regulation and overtime on Tuesday night for the host New York Knicks, who mounted their biggest comeback in playoff history by overcoming a 22-point fourth-quarter deficit to stun the Cleveland Cavaliers, 115-104, in Game 1 of the Eastern Conference finals.
2 mins
May 21, 2026
Business World Philippines
EO 117 centralizes accreditation under DSWD
On May 7, President Ferdinand R. Marcos, Jr. signed Executive Order (EO) No. 117, Series of 2026, streamlining the accreditation system for Donee Institutions, and designating the Department of Social Welfare and Development (DSWD) as the sole accrediting entity for social welfare and development agencies (SWDAs).
5 mins
May 21, 2026
Business World Philippines
Home again
Pat & Pat conjures memories of suburbia, with a grown-up palate
3 mins
May 21, 2026
Business World Philippines
Asialink Group sets leadership changes
THE ASIALINK Group of Companies announced leadership changes for its two flagship entities, Asialink Finance Corp. (AFC) and Global Dominion Financing, Inc. (GDFI).
1 mins
May 21, 2026
Business World Philippines
Airbus eyes 10% cost cuts amid supply snags
Europe’s Airbus has ordered a fresh 10% reduction in most non-industrial spending as global uncertainty and supply chain problems continue to squeeze its core jetliner business, three industry sources said.
2 mins
May 21, 2026
Business World Philippines
Modest DPWH budget request for 2027 signals flagship-project focus as gov’t prepares to exit
THE Department of Public Works and Highways (DPWH) said on Wednesday it is seeking about P215 billion in funding for 2027, with P200 billion needed to sustain ongoing flagship infrastructure projects.
1 mins
May 21, 2026
Business World Philippines
Crude prices settle down after Vance cites progress in Iran talks
Crude oil prices settled lower on Tuesday after Vice-President JD Vance said the US and Iran had made progress in talks, with neither side wanting to see a resumption of military action.
1 mins
May 21, 2026
Business World Philippines
BSP plans stricter sustainability reporting rules for banks by 2027
PHILIPPINE BANKS may soon be required to adopt stricter international reporting standards related to sustainability as the Bangko Sentral ng Pilipinas (BSP) noted the growing risks posed by climate change to financial stability.
2 mins
May 21, 2026
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