The International Labor Organization is eyeing a cash-for-food program in Cadiz City, Negros Occidental, in response to the destruction brought about by super typhoon “Yolanda” last month, Marivic Mondragon, Provincial Director of the Department of Labor and Employment, said yesterday.
Some beneficiaries from several barangays have already been identified for the program, Mondragon said.
She added, however, that they will still have a meeting tomorrow with representatives of the ILO, the Social Security System, and from the Cadiz local government.
non-performing loans low’
Universal and commercial banks kept their gross non-performing loans low at 2.6 percent of total loan portfolio in September, the Bangko Sentral ng Pilipinas said in its website.
The gross NPL ratio stayed low amid a year-on-year decline in soured loans and the continued rise in lending.
U/KBs posted P 102.09 billion in NPLs in September, lower than the P103.42 billion recorded a year earlier.
Bacolod resident eyeing
raps over luncheon meat