Philguarantee Backs P2.41B in Cooperative Loans
Infrastructure

Philguarantee Backs P2.41B in Cooperative Loans

The Philippine Guarantee Corp. (Philguarantee) has guaranteed P2.41 billion in outstanding loans for cooperatives as of end-June, benefiting 24,386 individuals. The support is particularly strong for agricultural initiatives.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.

  • Two Motorcycle Riders Die in Quezon Crash

    Two motorcycle riders died after their vehicle crashed into a concrete roadside barrier in San Francisco, Quezon, on November 1. Neither rider was wearing a crash helmet at the time of the incident.

  • 6 DPWH Personnel Charged Over Alleged P491.9-M Right-of-Way Scam

    The Office of the Ombudsman has filed graft and malversation charges against six Department of Public Works and Highways (DPWH) personnel over an alleged P491.9 million road right-of-way scam. Investigations by the NBI revealed fraudulent compensation payments for land using falsified documents.

  • MRT-3 Ortigas Station Pedestrian Access Upgrades Up for Bids

    The Department of Transportation (DoTr) has opened bids for a project to improve pedestrian access to the MRT-3's Ortigas Station. The contract is valued at P57.53 million and includes the construction of a shared bike lane.

  • Salceda Pursues 'Operation Peñafrancia' for Lucena-Matnog Railway Revival

    Presidential Legislative Liaison Office (PLLO) Secretary Joey Salceda is pushing an alternative financing scheme called 'Operation Peñafrancia' to revive the long-delayed Philippine National Railways (PNR) South Long Haul project, aiming to restore train services between Lucena City and Matnog.