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Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023

The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»

Category: newsSource:  metrocebuRelated NewsMar 16th, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

DOJ sa isyu ng ex-glam team ni Heart: Walang hold departure order

  DINENAY ng Department of Justice (DOJ) ang mga kumakalat na balitang may hold departure order ang dating ex-glam team ni Heart Evangelista. Naging laman ng balita ang dating glam team ni Heart matapos hindi matuloy ang kanilang paglipad sa Dubai para kitain sina Pia Wurtzbach at Mark Bumgarner dahil sa umano’y hold departure order.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

SSS softens approach vs. delinquents

SSS softens approach vs. delinquents.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Village officials to be enrolled with SSS

Village officials to be enrolled with SSS.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

SSS pushed P300 million into REITs in Q4

Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Team Lakay coach on Stephan Loman departure: ‘Quality over quantity’

Fabled Filipino mixed martial arts stable Team Lakay is not sweating yet another high-ranking departure Stephan Loman from its ranks, as head coach Mark Sangiao focuses on the holdovers' development.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

Marcos-Duterte rival rallies ‘a disgusting display of political ambitions,’ says lawmaker

Amid the growing rift, a lawmaker asserted that Filipinos are bearing the brunt of the ongoing political play. The post Marcos-Duterte rival rallies ‘a disgusting display of political ambitions,’ says lawmaker appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 29th, 2024

Yawi sets record straight on departure from Echo

When Tristan "Yawi" Cabrera announced he was now playing for Indonesia's Aura Fire, many fans speculated on his departure especially with how he had spent most of the previous season as a reserve player for his former team, Echo......»»

Category: sportsSource:  philstarRelated NewsApr 11th, 2024

PODCAST | Departure, return: The region as liminal space in 3 Filipino films

Minda Salida #13: Departure, return: The region as liminal space in 3 Filipino films The term regional cinema was coined, or became a wave in the landscape of Philippine cinema, with the inception of the Cinema Rehiyon, an annual exhibition and gathering of regional cinemas and filmmakers all over the Philippines, led by the National […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

Hold departure order batok kang Tan

Hold departure order batok kang Tan.....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2024

DOJ, BI: No hold departure order vs Heart Evangelista’s ex-glam team

The Department of Justice and Bureau of Immigration clarified that no hold departure order (HDO) was issued against the former glam team of socialite-artist Heart Evangelista......»»

Category: entertainmentSource:  philstarRelated NewsJan 27th, 2024

Xian Gaza dinenay ang hold departure order ng ex-glam team ni Heart

PINABULAANAN ng social media personality na si Xian Gaza na may kinalaman ang actress-socialite na si Heart Evangelista sa hold departure order ng dati nitong glam team. Sa kanyang Facebook post nitong Huwebes, January 25, sinabi nitong walang kaugnayan ang aktres sa nangyari sa ex-glam team nito nang lumipad ito pa-Dubai. “Hindi totoo na may.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2024

Heart Evangelista s ex-glam team shocked at alleged hold departure order

Heart Evangelista's former glam team failed to leave the country because of an alleged hold departure order......»»

Category: entertainmentSource:  philstarRelated NewsJan 24th, 2024

Ronaldo Valdez s family demands public apology from PNP

The family of the late actor Ronaldo Valdez has demanded the Philippine National Police a public apology for mishandling the veteran actor's case. .....»»

Category: entertainmentSource:  philstarRelated NewsJan 16th, 2024

‘No reason for pork price surge in Visayas, Mindanao’

There is no reason for the spike in retail prices of pork in the Visayas and Mindanao, as the prevailing live weight cost is only P180 per kilo, farmers’ group Samahang Industriya ng Agrikultura said over the weekend......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

House committee raises doubts about US Navy’s Indo-Pacific logistics

The US embassy in the Philippines said on January 11 that the US delivered fuel from Hawaii to Subic Bay, a former US Navy base that is not currently one of the sites Manila has agreed to give US military access.....»»

Category: newsSource:  rapplerRelated NewsJan 18th, 2024

Rama reconsiders, unites with councilors for 2025 midterm elections

CEBU CITY, Philippines – Despite previously expressing doubts about his confidence in some incumbent councilors due to their cooperation with his vision, City Mayor Michael Rama appears to have reconsidered his stance. He recently announced that these councilors would still be part of his alliance for the 2025 midterm elections. READ: Rama: 2025 election candidates.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Janno Gibbs’ directorial debut film is ‘best parting gift’ from late dad Ronaldo Valdez

A day after holding a press conference regarding the “mismanagement of the investigation and mishandling of sensitive data” related to the death of his father, veteran actor Ronaldo Valdez, Janno Gibbs reacted to the apology issued by the Quezon City Police District to their grieving family......»»

Category: entertainmentSource:  philstarRelated NewsJan 17th, 2024