{"id":777008594,"date":"2023-08-25T06:16:27","date_gmt":"2023-08-25T09:16:27","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777008594"},"modified":"2026-04-22T18:43:10","modified_gmt":"2026-04-22T21:43:10","slug":"pagcor-hands-over-us530000-for-medical-assistance-programmes","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pagcor-hands-over-us530000-for-medical-assistance-programmes","title":{"rendered":"PAGCOR hands over US$530,000 for medical-assistance programmes"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">PAGCOR has disbursed the initial PHP30m (US$530,000) tranche of a PHP120m (US$2.1m) grant to the Office of the Vice President (OVP).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">The Philippines.-<strong>\u00a0<\/strong>The <strong>Philippine Amusement and Gaming Corp. (PAGCOR)\u00a0<\/strong>has announced the release of the initial PHP30m (US$530,000) tranche from a PHP120m (US$2.1m) grant designated for the Office of the Vice President (OVP).\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The formalisation of this grant occurred through the signing of\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-to-provide-us2-34m-for-medical-assistance-programmes\" target=\"_blank\">a Memorandum of Agreement (MOA)<\/a>\u00a0between PAGCOR chairman and CEO Alejandro H. Tengco and OVP Chief of Staff Atty. Zuleika T. Lopez on August 2. The OVP had requested the supplemental funding from PAGCOR.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Witnessed by vice president Sara Z. Duterte, senior community development officer Ferdinand Marcos M. Amador II and budget and control officer II Gerardo N. Hilario represented PAGCOR during the event. They handed over the initial cheque to OVP chief collecting officer Aniceta Puzon and chief accountant Julie Villadelrey.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The financial support is projected to be distributed in four equal quarterly tranches of PHP30m and aims to facilitate assistance for underprivileged patients dealing with hospital expenses, procurement of medicines, dialysis treatments and access to essential diagnostic procedures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>See also:<\/strong>&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-provides-relief-to-typhoon-victims-in-bulacan-pampanga\" rel=\"noreferrer noopener\">PAGCOR provides relief to typhoon victims in Bulacan, Pampanga<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PAGCOR has disbursed the initial PHP30m (US$530,000) tranche of a PHP120m (US$2.1m) grant to the Office of the Vice President (OVP).<\/p>\n","protected":false},"author":176,"featured_media":777008355,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippine Amusement and Gaming Corp. (PAGCOR) has commenced the disbursement of a PHP120m (US$2.1m) grant to the Office of the Vice President (OVP), with an initial PHP30m tranche released. This funding, formalized via a Memorandum of Agreement, is earmarked for social welfare programs, specifically aiding underprivileged patients with medical expenses. The initiative underscores PAGCOR's commitment to national development and its social responsibility mandate.","focusai_entities":"PAGCOR, Office of the Vice President (OVP), Alejandro H. Tengco, Atty. Zuleika T. Lopez, Sara Z. Duterte, Ferdinand Marcos M. Amador II, Gerardo N. Hilario, Aniceta Puzon, Julie Villadelrey","focusai_location":"Philippines, Bulacan, Pampanga","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.75), operator_casino (0.7), investor_analyst (0.7), journalist_researcher (0.95)","focusai_suggestions":[{"label":"PAGCOR Grant Impact?","query":"What is the projected long-term impact of PAGCOR's social responsibility grants on its operational budget and future revenue allocation strategies, particularly concerning gaming verticals?"},{"label":"Governance Frameworks Alignment?","query":"How does this grant disbursement align with PAGCOR's established governance frameworks for public fund allocation and its dual mandate as both a regulator and a B2C operator?"}],"footnotes":""},"categories":[23876,16333],"tags":[405],"class_list":["post-777008594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-news","category-south-east-asia-news","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777008594"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008594\/revisions"}],"predecessor-version":[{"id":777008597,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008594\/revisions\/777008597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777008355"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777008594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777008594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777008594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}