Category : Search result: MCWD financial crisis


Cebu Water District Stalled by Board Vacancies

The Metropolitan Cebu Water District (MCWD) is paralyzed, unable to approve urgent repairs after Typhoon Tino due to a lack of board quorum. Learn how this governance crisis affects water supply.

Millions of Filipinos Remain 'Credit Invisible'

Despite digital wallet growth, many Filipinos lack credit access, limiting loans for homes or businesses. New TransUnion data reveals risks and opportunities for inclusive finance. Read more.

Pag-IBIG Loans Help 3.2M Workers in 2025

Pag-IBIG Fund provided short-term loans to 3.2 million Filipino workers from Jan-Oct 2025, a 28% surge. Learn how Virtual Pag-IBIG makes financial aid faster and more accessible.

Cebu's Economic Burden After Typhoon Tino

One month after Typhoon Tino devastated Cebu, victims face overwhelming financial recovery costs while failed systems face no consequences. Discover the real economic impact.

MCWD recovers 90% water output post-Typhoon Tino

Metropolitan Cebu Water District restores 248,000 cubic meters daily, reaching 90% of pre-typhoon levels. Normal water pressure returns for 214,000 connections. Read the latest updates.

PDIC & Landbank Launch Faster Payout System

PDIC and Landbank introduce faster deposit insurance payout system with enhanced P1M coverage. Learn how this protects your savings and helps achieve financial goals.

BDO Prices $500M Notes with 3.2x Oversubscription

BDO Unibank successfully priced USD500 million in five-year senior notes, attracting USD1.6 billion in orders. Learn how this supports the bank's lending strategy in the Philippines.

BSP Eases Rules for Large Cash Withdrawals

BSP ensures smooth withdrawals above ₱500,000. Learn how new circular simplifies documentation for legitimate transactions and promotes secure banking.

PDIC: Smart Money Choices Shape Your Future

Learn how smart financial decisions and PDIC deposit protection up to ₱1 million can secure your future. Start building financial freedom today with these essential tips.

BSP Eases Rules for Large Cash Withdrawals

The Bangko Sentral ng Pilipinas assures easy access to large withdrawals. New rules target illicit cash use while promoting digital payments. Learn more.

Davao del Sur Provides Financial and Material Assistance

Davao del Sur provincial government distributed over ₱1.3 million in cash and materials to barangays and organizations during Monday Convocation. Read about the beneficiaries and Governor Cagas's commitment.

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