President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund’s highest dividend rates since the Covid-19 pandemic, as its Regular Savings dividend rate for 2022 reached 6.53 percent and its Modified Pag-IBIG 2 (MP2) Savings surged to 7.03 percent per annum The dividend rates on the members’ savings of the agency were the highlights of the Pag-IBIG Fund Chairman’s Report for 2022, where the president spoke before a gathering of agency members, partners and stakeholders at the SMX Convention Center, Tuesday (March 28). “It makes me proud that your agency’s stewardship of our national savings program has successfully provided affordable shelter financing for our people. Let me thank all of you, the members who are the owners of Pag-IBIG Fund, including concerned housing developers, partners, and other key stakeholders who have been instrumental in fulfilling the Pag-IBIG Fund’s mandate, of serving the Filipino workforce,” the President said. “As the Pag-IBIG Fund was established under the … [Read more...] about PBBM lauds highest Pag-IBIG dividend rates since pandemic: 6.53% for Regular Savings, 7.03% for MP2
Programs where rounded up money from purchases is put into a savings account are examples of what
A simple 5-step system to ace performance reviews
My first-ever performance review was for a huge consulting firm. It felt like drinking water from a firehose: How could I condense everything I’d done and learned into a few paragraphs? I stayed up all night, hacking together a list. But when I was done, I realized I’d missed the mark. All I had created was a record of the activities I’d done. The “so what?” wasn’t there. It wasn’t an ideal way to kick off my career. So, I developed a system that helped me track and celebrate my milestones and prepare for my reviews—without subjecting myself to disgusting coffee and all-nighters. Here’s my system, and how you can adapt it for your performance reviews. Step 1: Identify your metrics A successful performance review connects your accomplishments to metrics that matter. So, how do you identify the most important metrics? Pull verbs from your job description When you boil down a job description down, the verbs are what matter. Those words—along with … [Read more...] about A simple 5-step system to ace performance reviews
Metro Pacific invests P2B in Leandro Leviste’s solar power firm
Metro Pacific Investments Corp chair and president Manuel V. Pangilinan and Solar Philippines founder and CEO Leandro Leviste shake hands after signing the share purchase agreement. MANILA -Tycoon Manuel V. Pangilinan-led Metro Pacific Investments Corp. is buying into businessman Leandro Leviste’s SP New Energy Corp., announcing on Tuesday the infusion of a P2-billion investment in the company plus an option that could make it the solar energy startup’s single largest shareholder. In a stock exchange filing on Tuesday, Metro Pacific said it signed definitive agreements to acquire 1.6 billion common shares or a 16 -percent stake in SP New Energy, which is aggressively raising money to bankroll an ambitious pipeline of solar power projects. Solar Philippines aims to build world’s largest solar farm Pangilinan will also replace Leviste, son of Sen. Loren Legarda, as chair of SP New Energy. Leviste will remain president and CEO of the company. “Our thrust of pursuing … [Read more...] about Metro Pacific invests P2B in Leandro Leviste’s solar power firm
Back together? Elisse Joson, McCoy de Leon extra sweet during wedding of friend Verniece Enciso
Elisse Joson and McCoy de Leon were among the guests of Verniece Enciso’s wedding. Images: Instagram/@elissejosonn, Instagram/@officialtimyap It seems that Elisse Joson and McCoy de Leon have rekindled their romance after a falling out earlier this year when they were seen in a number of events together, the most recent of which was the wedding of content creators Verniece Enciso and James Alfred Dichaves last weekend as each other’s plus-one. The Enciso-Dichaves wedding marked the first time that Joson and de Leon, also known as McLisse, were seen together in public after the latter wiped clean his Instagram page, and left only a family photo with the former and their daughter Felize in February. The controversial couple sparked reconciliation rumors after Joson uploaded a selfie of herself leaning on de Leon, on her personal Instagram account on Sunday, March 26. “My date,” she wrote on the photo. McCoy de Leon and Elisse Joson. Image: Screengrab from … [Read more...] about Back together? Elisse Joson, McCoy de Leon extra sweet during wedding of friend Verniece Enciso
China spent $240B bailing out ‘Belt and Road’ countries, study shows
JOHANNESBURG -China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building “Belt and Road” infrastructure, a study published on Tuesday showed. Almost 80 percent of the lending was made between 2016 and 2021, mainly to middle-income countries including Argentina, Mongolia and Pakistan, according to the report by researchers from the World Bank, Harvard Kennedy School, AidData and the Kiel Institute for the World Economy. China has lent hundreds of billions of dollars to build infrastructure in developing countries, but lending has tailed off since 2016 as many projects have failed to pay the expected financial dividends. “Beijing is ultimately trying to rescue its own banks. That’s why it has gotten into the risky business of international bailout lending,” said Carmen Reinhart, a former World Bank chief economist and one of the study’s authors. Chinese loans to … [Read more...] about China spent $240B bailing out ‘Belt and Road’ countries, study shows