MCWD Board Member Exposes Financial Losses, Cover-Up
New MCWD board member Ruben Almendras confirms severe financial losses and lack of transparency, contradicting earlier assurances. Calls for urgent action on water rates and law review.
Category : Search result: MCWD financial crisis
MCWD Financial Crisis: Heavy Losses Hidden for Years
New MCWD board member Ruben Almendras reveals massive financial losses and a cover-up of reports, confirming Vice Mayor Osmeña's 2025 warnings. Read the full investigation.
MCWD Explains Mandatory Minimum Water Charges
MCWD justifies minimum water fees for all connections, including zero-consumption households, as required by law to cover fixed operational costs. Councilor Go seeks policy review.
DSWD Opens Samal Satellite Office for Crisis Services
Samal residents can now access DSWD crisis aid locally. The new CIU office provides emergency cash, mental health support, and faster service delivery for vulnerable groups.
MCWD: Why Zero Water Use Still Incurs Charges
MCWD explains that minimum water charges are legally mandated 'readiness-to-serve' fees for fixed costs, not payment for unused water. Councilor Go seeks a review.
Cebu Water Billing Dispute After Typhoon Tino
Cebu City Councilor Harold Go pushes MCWD to suspend charges for undelivered water after Typhoon Tino. Residents received bills despite zero consumption. Will billing policies change?
GCash Joins Global Mastercard Financial Health Coalition
GCash, as the sole Philippine founding partner in the Mastercard Global Financial Health Coalition, aims to share its fintech expertise to improve financial resilience across emerging markets. Discover how this move will impact Filipinos and beyond.
Cebu's 2026 Power Crisis Threatens Economy and Safety
Cebu's electricity demand is outpacing supply, risking economic disruption and public safety. Consumer group Cera urges immediate action for new power plants and secure water systems.
Sitio NHA Residents Get Water After 30 Years
After 30+ years, Sitio NHA in Cebu City uplands finally has reliable water via MCWD. Mayor Archival inspected the project bringing relief to 240+ residents. Read more.
Busay Residents Get Water After 30 Years via MCWD Project
Residents of Sitio NHA in Barangay Busay, Cebu City, celebrate as MCWD water flows after three decades of waiting. Mayor Archival leads the project bringing service to 240 households, with more connections planned for 2026.
814 Bacolod Scholars Receive Pre-Christmas Financial Aid
Bacolod City distributed P3,000 each to 814 scholars on Dec 24, 2025. Mayor Gasataya fast-tracked the P2.4M aid for immediate holiday needs. Learn more about the Peso program.
COMSCA Boosts Financial Inclusion for Ronda 4Ps Families
Discover how the COMSCA program in Ronda, Cebu, helps 4Ps beneficiaries build savings, access low-interest loans, and gain financial literacy for a more secure future.
Kaagapay Program Expands Medical Aid for Filipinos
Detoxicare Philippines strengthens its Kaagapay Medical Assistance Program to help Filipino cancer patients navigate treatment costs and access government aid. Learn how this initiative supports timely healthcare.
How to Plan for Retirement in the Philippines
A guide for Filipinos nearing senior citizenship on financial planning, health, and family dynamics. Learn how to secure your future without becoming a burden. Start planning today!
Minglanilla Entrepreneur Ailyn Flormata Wins DFIA Award
Ailyn Flormata from Minglanilla, Cebu, wins at the Digital Financial Inclusion Awards. Her story highlights using digital tools to grow a local handcrafted business. Read more!
Visa, Landbank Team Up for Digital Government Payments
Visa and Landbank sign a strategic deal to expand digital payment acceptance across key government channels, aiming for a cash-lite economy. Learn how this impacts Filipinos.
BDO Life CEO: Life Insurance is Your Family's Essential Plan B
BDO Life President Renato Vergel De Dios emphasizes life insurance as a crucial financial safety net for Filipino families. Learn why a 'Plan B' matters and how BDO Pay simplifies holiday spending.
Pampanga Gives Cash, Food Aid to Over 4,000 Ailing Patients
The Pampanga Provincial Government provides P2,000 cash, rice, and food packs to 4,281 patients battling serious illnesses. Governor Lilia Pineda leads the aid distribution to ease financial burdens.
Visa, Landbank Pact to Expand Digital Gov't Payments
Visa and Landbank sign a strategic deal to enable digital payments for government services via eGov.ph and Link.BizPortal, boosting PH's cash-lite economy goals. Read more.
BSP Pushes Capital Market, Cross-Border Payment Reforms
BSP Deputy Governor Abenoja outlines plans for deeper money markets and tokenized payments at the ASEAN+3 forum in Hong Kong, aiming to strengthen financial stability and regional integration. Learn more about the Philippines' 2026 co-chair role.
SSS Emergency Loans Start in December with Low Interest
President Marcos announces SSS emergency loan program for members, offering 7% interest and a 6-month payment moratorium. Learn how to avail of this financial relief.
Cebu Richest Province: P339B Assets, But Gov Questions Impact
Cebu Governor Pamela Baricuatro questions the value of being the richest province if assets aren't felt by citizens. COA's 2024 report shows Cebu leads with P339 billion in assets.
Cebu CP-Gifts Scholars Appeal Over Year-Long Allowance Delays
Cebu Province scholarship beneficiaries face financial strain as allowance payouts are delayed for up to a year. Students call on Gov. Baricuatro for a systematic solution. #CebuNews #Education
1,000 Candaba Students Receive SPES Financial Aid
Around 1,000 students in Candaba, Pampanga received P11,070 each from the SPES program, a joint effort by the LGU and DOLE to support education. Learn how this initiative helps local youth.
28-day BSP Bill Yield Falls Amid Strong Investor Demand
The Bangko Sentral ng Pilipinas reports a lower yield for its 28-day bill, with robust demand signaling ample system liquidity. Discover the latest auction results and market implications.
Bacolod Fire Victims Get P4.39M in Housing Aid
The NHA and Bacolod City Government distributed P4.39 million to 145 residents of Barangay 27 who lost homes in a September fire. Mayor Gasataya also presented a long-term on-site housing plan.
Zamboanga Gives Aid to Families Hit by Recent Fires
Zamboanga City Government distributed P10,000 and rice to 20 families affected by separate fires. Mayor Olaso gave an extra P2,000 and offered materials for rebuilding homes. Learn more about the relief efforts.
COA Questions Cebu City's P11.18B Spending Report
COA's 2024 audit reveals Cebu City reported P11.18B as spent but not disbursed, with a P3.9B development fund only 7.4% used. Read the full report on financial transparency.
How Filipinos' Savings Goals Change With Age
A new Metrobank survey reveals how Filipinos' savings priorities evolve from youth to retirement. Discover the top goals and how to start saving digitally.
Home Credit Warns of Sophisticated Holiday Loan Scams
Home Credit Philippines alerts borrowers to rising loan-to-cash scams ahead of Christmas. Scammers pose as intermediaries, leaving victims with debt. Violators face 6-8 years in prison. Stay vigilant!
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