Governor Eugenio Jose Lacson, Board Member Agustin Ernesto Bascon, Mayor Marvin Malacon and Board Member Manuel Frederick Ko (2nd to 5th from left) inspect the COVID-19 PUI healing center in Brgy. Santo Niño, EB Magalona, Negros Occidental.*
to fight Covid-19 threat
BY CARLA P. GOMEZ
The national government is allocating P119
million in financial assistance to Bacolod City to respond to the
COVID-19 threat, Bacolod Rep. Greg Gasataya said yesterday.
This is on top of the P1.2 billion granted for the social amelioration of 103,000 low income families in Bacolod City, who will receive P6,000 in April and another P6,000 in May, he said.
President Rodrigo Duterte’s approval yesterday of the Bayanihan Grant to Cities and Municipalities, where local governments will receive an amount equivalent to one month of their Internal Revenue Allotment share, means Bacolod City will get P119 million, Gasataya said.
Negros PUI, PUM cases drop
BY CARLA P. GOMEZ
Five members of the family of a COVID-positive resident of EB
in Negros Occidental tested negative for the deadly virus, former Rep.
Alfredo Abelardo Benitez said yesterday.
The 41-year-old female from EB Magalona is the lone COVID-positive resident of Negros Occidental.
A Negros Occidental Inter-Agency Task Force Operations Center report released yesterday showed a decline in the number of persons under investigation and monitoring for COVID-19 in the province.
SEC orders loan payment extensions
BY MARCHEL P. ESPINA
The Securities and
Commission (SEC) has ordered lending and financing companies to defer
the collection of payments and charging of penalties to borrowers amid
the coronavirus disease pandemic, its Bacolod information officer,
Clyde Padilla, said.
She said the commission sent out notices to lending and financing companies and microfinance non-government organizations, reiterating provisions of the implementing rules and regulations (IRR), particularly Section 4(aa) of Republic Act No. 11469, or the Bayanihan to Heal as One Act, that empowers the President to implement a minimum 30-day grace period for the payment of all loans.
Under the IRR issued by the Department of Finance on April 1, all lenders, including those under the supervision of the SEC, shall apply the 30-day grace period to all loans with principal and/or interest due during the government-imposed enhanced community quarantine from March 17 to April 12, she said.