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SSS Surpass 2023 Revenue Target by 9.5%
The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»
Phivolcs says no magma coming out of Mayon Volcano after phreatic eruption
The Philippine Institute of Volcanology and Seismology has not detected volcanic earthquakes or magma being spewed out of the Mayon Volcano after the phreatic eruption that occurred on Sunday......»»
Mayon acts up anew, spews ash
After staying quiet for a month, Mayon Volcano in Albay again showed signs of activity yesterday, spewing ash that rose 1,200 meters above its crater, according to the Philippine Institute of Volcanology and Seismology......»»
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.....»»
GSIS earmarks P44 million for emergency loans
State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»
SSS offers loan condonation program
State-run pension fund Social Security System has called on its members with unsettled loans to avail themselves of the agency’s condonation program and clear out their obligations......»»
Bank loans used as RRR compliance hit P6.4 billion
Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»
Medical School Loans: A Comprehensive Guide
Embarking on a journey through medical school is a significant undertaking, and for many aspiring physicians, navigating the financial aspects can be a daunting task. Securing appropriate funding through medical school loans is a crucial step in this process. This comprehensive guide aims to provide valuable insights into how to find the best medical school […] The post Medical School Loans: A Comprehensive Guide appeared first on Kagay An......»»
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......»»
Puerto Rico Declares Public Health Emergency as Dengue Cases Surge
Puerto Rico Declares Public Health Emergency as Dengue Cases Surge The Puerto Rico Secretary of Health, Carlos Mellado, has declared a public health emergency due.....»»
DOE backs emergency takeover of oil industry
The Department of Energy is ready to take over oil firms in case of a national emergency after the Supreme Court upheld its emergency takeover power......»»
The Vital Role of Emergency Funds in a Business
Navigating the intricate terrain of business is akin to assembling a complex puzzle, where the significance of an emergency fund emerges as the elusive missing piece. This versatile tool stands as a stalwart guardian during uncertain times, deftly guiding enterprises through unforeseen challenges and financial quandaries. Shielding Against Financial Surprises Picture the emergency fund as […].....»»
UAE expresses solidarity with Philippines and offers condolences over victims of landslide
ABU DHABI, 17th February, 2024 (WAM) -- The UAE has expressed its sincere condolences and solidarity with the Republic of the Philippines over victims of the landslide that took place in the south of the country, in the Province of Davao de Oro, resulting in dozens of deaths and injuries, as well as numerous missing people, and causing severe damage......»»
UAE expresses solidarity with Philippines and offers condolences over victims of landslide
ABU DHABI, 17th February, 2024 (WAM) -- The UAE has expressed its sincere condolences and solidarity with the Republic of the Philippines over victims of the landslide that took place in the south of the country, in the Province of Davao de Oro, resulting in dozens of deaths and injuries, as well as numerous missing people, and causing severe damage......»»
Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024
Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024.....»»
P200 million loans released for President Marcos housing program – DHSUD
The Home Development Mutual Fund or Pag-IBIG Fund has released P200 million worth of developmental loans earmarked for housing projects under the Marcos administration’s flagship Pambansang Pabahay Para sa Pilipino (4PH) Program......»»
GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed
Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»
GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed
Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»