IN a significant step toward streamlining government financial aid distribution, the Palawan Group of Companies (PGC) has signed an agreement with the Department of Social Welfare and Development (DSWD) and the Land Bank of the Philippines (LandBank).
This partnership aims to deliver critical support to approximately 650,000 beneficiaries under the government's Assistance to Individuals in Crisis Situation (AICS) and Ayuda para sa Kapos ang Kita Program (AKAP).
Under the agreement, PGC will support the hybrid-digital payout system for AICS and AKAP. This approach combines both digital disbursement and traditional cash distribution to ensure faster, safer, and more accessible delivery of financial aid.
With over 70,000 branches, Pera Padala outlets, and PalawanPay Money Shops nationwide, the Palawan Group is well-positioned to serve beneficiaries across both urban and remote areas.
As outlined in the DSWD and LandBank partnership, DSWD social workers are tasked with validating and assessing qualified beneficiaries, while LandBank oversees the cashiering and release of funds.
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By enabling faster, more accessible financial aid disbursement across the country, particularly in remote and underserved communities, PGC further cements its role as a vital private sector partner in national welfare efforts, showcasing the power of synergy between government and business to uplift vulnerable communities.