Energy dep’t touts savings from power conservation program

THE DEPARTMENT of Energy (DoE) said Tuesday that 24 industrial, commercial and government establishments participating in its energy efficiency and conservation (EEC) program saved about 36.94 million kilowatt-hours (kWh) of electricity this year. “With energy efficiency and conservation as a whole-of-nation approach to reduce consumption and ultimately earn savings, I encourage others also to approach […]

DBM’s Pangandaman sees Procurement Service delivering more savings as government digitizes

THE Department of Budget and Management (DBM) said its Procurement Service (PS) is expected to deliver on its potential to realize significant cost savings for the government with further digitalization, despite recent questions about its performance with regard to a laptop computer order for the Education department. Budget Secretary Amenah F. Pangandaman said in a […]

Dubai biz magazine names CitySavings as fastest growing savings bank in PH

CITY Savings Bank (CitySavings), the thrift bank arm of Union Bank of the Philippines, has bagged another international recognition as the Philippines’ fastest growing savings bank at the 2022 International Business Magazine Awards.The Dubai, UAE-based publication recognized CitySavings for its excellent performance and drive for growth amidst the business challenges. “City Savings Bank from the […]

PAG-IBIG hits P10.7B in MP2 savings

PAG-IBIG Fund members collectively saved P10.67 billion under the agency’s voluntary Modified Pag-IBIG 2 Savings program during the first five months of the year, setting another record-high despite the ongoing health crisis, top officials of the agency said on June 21, 2021. “We are happy to report that despite the impact of the pandemic to […]

City Savings Bank aids schools

THE Covid-19 pandemic made 2020 a challenging year and the education sector was not spared. The global health crisis affected teachers, students and parents. In the Philippines, distance learning has been imposed by the government since October to protect students and teaching staff from contracting the novel coronavirus, which was first detected in Wuhan, China. […]