Cebu Happenings

  𝐅𝐮𝐧𝐝𝐒𝐩𝐚𝐜𝐞 𝐚𝐧𝐝 𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐨𝐦𝐢𝐧𝐢𝐨𝐧 𝐣𝐨𝐢𝐧 𝐟𝐨𝐫𝐜𝐞𝐬 𝐭𝐨 𝐛𝐨𝐨𝐬𝐭 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐅𝐢𝐥𝐢𝐩𝐢𝐧𝐨 𝐒𝐌𝐄𝐬, 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥𝐬 FundSpace, a homegrown loan aggregator under 917Ventures, has partnered with Global Dominion Financing, Inc. (GDFI) to empower Small and Medium Enterprises (SMEs) and individual clients with a diverse range of financing solutions. The collaboration introduces new loan options with competitive interest rates and flexible terms, broadening both parties’ reach and capacity to meet the varying needs of their customers. Filipino citizens aged 21-60 years old with proof of income can avail of the following funding options, when eligible: ● Sangla OR/CR or the Chattel Mortgage Loan (refinancing second-hand vehicles) - maximum loanable amount is PHP4 million ● Business Real Estate Mortgages - maximum loanable amount is PHP10 million ● MD/Doctor’s Loans -maximum loanable amount is PHP1 million ● Aut

𝐂𝐈𝐂𝐂, 𝐆𝐂𝐚𝐬𝐡 𝐬𝐢𝐠𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐫𝐚𝐦𝐩 𝐮𝐩 𝐟𝐢𝐠𝐡𝐭 𝐚𝐠𝐚𝐢𝐧𝐬𝐭 𝐟𝐫𝐚𝐮𝐝 (L to R): GXI Chief Legal Officer Atty. Gilbert Escoto, GFI Chief Legal Officer, Atty. Maricor Alvarez-Adriano, Head of New Businesses, Corporate Affairs, and Sustainability, Winsley Bangit, Executive Director of CICC USec Alexander Ramos, DICT Secretary Atty. Ivan John Uy, CICC Highly Technical Consultant, Ret. Justice Andres Reyes Further cementing its long-standing commitment to provide Filipinos with secure and safe digital financial services, the Cybercrime Investigation and Coordination Center (CICC) has signed an agreement with the country’s number one finance app, GCash, to intensify its campaign against online fraud and scams. Under the agreement, GCash will continue to collaborate with CICC, leverage their capabilities, synergize efforts in combating cybercrime activities, and improve cyber capabilities and resilience while accelerating digitization initiatives in line wit

𝐈𝐌𝐄𝐄: 𝐖𝐀𝐒 𝐀𝐊𝐀𝐏 𝐈𝐍𝐒𝐄𝐑𝐓𝐄𝐃 𝐀𝐓 𝐓𝐇𝐄 𝐄𝐗𝐏𝐄𝐍𝐒𝐄 𝐎𝐅 𝐏𝐄𝐍𝐒𝐈𝐎𝐍𝐄𝐑𝐒, 𝐎𝐅𝐖𝐒? Senator Imee Marcos revealed that this year's national budget defunded billions of pesos in pensions for retired military and uniformed personnel, as well as retirement and separation benefits for government workers while giving way to the controversial Ayuda para sa Kapos ang Kita Program (AKAP). A comparison between the National Expenditure Program (NEP) submitted to Congress and the General Appropriations Act for 2024 shows that the Pension and Gratuity Fund suffered a Php110.25-billion cut, from Php253,205,826,000 to Php142,956,826,000. The senator also lamented the Php5.4-billion cut in the Php15.31-billion budget proposed in the NEP for the Department of Migrant Workers and the complete deletion of programmed funding for foreign-assisted flagship projects of the Department of Public Works and Highways. Marcos, who chairs the Senate Committee on Social Justice, Welfare, a