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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 […].....»»
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.....»»
RSA allays last-minute NAIA review
On Thursday, Feb. 15, Transportation Secretary Jaime Bautista was worried and feeling sick, even feverish, according to sources, from the growing speculation and intrigue regarding the awarding of the estimated P170.6-billion solicited proposal to rehabilitate the Ninoy Aquino International Airport (NAIA), fearful that his long dream of finally accomplishing the privatization and much need rehabilitation of NAIA may once more be derailed......»»
Promoting peace: Madonna Rehabilitation Hospitals offer support groups for individuals with long-covid
Madonna Rehabilitation Hospitals Provides Support for Long Covid Patients In recognition of International Long Covid Awareness Day on March 15, Madonna Rehabilitation Hospitals is offering.....»»
Megawide expands portfolio of 8990 projects
Infrastructure conglomerate Megawide Construction Corp. has completed another project for mass housing developer 8990 Holdings Inc......»»
Megawide confirms route expansion for PITX bus terminal
Megawide confirmed a report that its subsidiary, Parañaque Integrated Terminal Exchange (PITX), is planning to add six bus routes to its 100-route network......»»
Customs revives declaration forms for arriving international passengers at NAIA
THE filled out Customs declaration forms for arriving international passengers at the NAIA Terminals is being revived by the Bureau of Customs (BOC) at the Ninoy Aquino International Airport (NAIA) and is now under pilot testing. BOC-NAIA district collector Atty Yasmin Mapa said that international passengers arriving in the country are now obliged to submit […].....»»
Sy family invests P5 billion in Megawide affiliate
The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»
Holcim, Megawide renew cement supply agreement
Holcim Philippines Inc. has renewed its supply agreement to provide the cement requirements of Megawide Construction Corp......»»
The best is yet to come
With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
SSS softens approach vs. delinquents
SSS softens approach vs. delinquents.....»»
Village officials to be enrolled with SSS
Village officials to be enrolled with SSS.....»»
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......»»
NAIA sale to pay debts
Amid the excitement over the successful privatization of NAIA’s rehab and operation, Finance Secretary Ralph Recto mused about the future of NAIA beyond the 15-year San Miguel concession period......»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
Iloilo Airport to get P190-M funding for rehabilitation
Iloilo Airport to get P190-M funding for rehabilitation.....»»
DPWH completes P39M road rehabilitation in CSF
DPWH completes P39M road rehabilitation in CSF.....»»
CCP main building rehabilitation continues, eyes 2026 reopening
Rehabilitation of the Cultural Center of the Philippines' main building in Pasay is 30% complete and is currently set to reopen to the public in 2026......»»
Victorias City Jail to fortify livelihood, rehabilitation programs
Victorias City Jail to fortify livelihood, rehabilitation programs.....»»