This was after President Benigno Simeon Aquino III on Tuesday received P10 million worth of pledge of commitment from Metrobank Group chairman Dr. George Ty at a turnover ceremony in Malacañang.
The Metrobank Group will spearhead the gift-giving in cooperation with the Department of Social Welfare and Development (DSWD) from Feb. 4 to Feb. 10 in line with the celebration of the Chinese New Year.
Present during the turnover rites were DSWD Secretary Corazon “Dinky" Soliman, Federation of Filipino Chinese Chambers of Commerce and Industry president Alfonso Uy, Metrobank chairman Dr. Antonio Abacan, Jr., Metrobank president Arthur Uy, Metrobank Foundation president Aniceto Sobrepeña, Metrobank Foundation and Federaland president Alfred Ty.
As of Tuesday morning, the death toll from floods and landslides that hit parts of the country was at 53, while eight were reported injured and 16 remained missing.
In its 6 a.m. update, the National Disaster Risk Reduction and Management Council (NDRRMC) said at least 310,203 families or 1,586,548 people in 25 provinces have been affected by the floods.
Of these, 1,889 families or 8,452 people are being served in 51 evacuation centers.
At least 395 houses had been destroyed while 1,902 were damaged.
Damage to property was estimated at P1.774 billion, including P422.228 million in agriculture and P1.331 billion in infrastructure.
Areas placed under state of calamity due to floods and landslides were: