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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 […].....»»
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.....»»
Cibo expands outside Manila, opens branch in Metro Cebu
Cibo expands outside Manila, opens branch in Metro Cebu.....»»
Proactive on Sports Development
It’s time for stakeholders to discuss how Catanduanes delegates can improve their standing in the Palarong Bicol. Catanduanes has long been known to lag behind in every Bicol Meet, contrary to the previous years when it was often praised by sports officials in the region for its outstanding performance. One strategy employed by DepEd in […] The post Proactive on Sports Development appeared first on Bicol Peryodiko......»»
Pope Francis appoints new archbishop in Bicol
Alarcon, who was the former Bishop of the Diocese of Daet, has been transferred to the archdiocese which holds jurisdiction in the third, fourth and fifth congressional districts of Camarines Sur, Naga City, Iriga City and the Municipality of Gainza......»»
Bicol hot air balloon fest malapit na!
Magandang araw muli, mga kababayan kong Bicolano! Sadyang kaybilis ng panahon dahil Abril na ngayon. Isang buwan na lang at parating na ang pinananabikan nating Bicol Loco Festival! The post Bicol hot air balloon fest malapit na! first appeared on Abante......»»
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......»»
Local art gallery provides ‘jump-off point’ for homegrown artists
Local art gallery provides ‘jump-off point’ for homegrown artists.....»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
The Orange Bucket unveils newly renovated Balibago Branch
The Orange Bucket unveils newly renovated Balibago Branch.....»»
CitySavings Extends Educational Assistance to Indigenous Peoples (IP) Learners
PEDALING TOWARDS LEARNING: (From left to right) DepEd Panabo City Senior Education Program Specialist Ana Liza Mendoza, CitySavings Tagum Branch Business Head Rodel Taguiran DepEd Panabo City OIC SDS Jinky Firman, CitySavings Regional Business Head for Southern Mindanao Amor Querido Pavon, DepEd Panabo City ASDS Phoebe Gay Refamonte, CitySavings Davao Branch Business Head Denis Dusong, […].....»»
Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew
Bulatlat condemns the latest red-tagging of Albay-based journalist Reynard Magtoto who wrote an in-depth report about the lies and deceptive activities of the National Task Force to End the Local Communist Armed Conflict (NTF-ELCAC) in the region. The post Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew appeared first on Bulatlat......»»
Coin deposit machines log P577 million transactions
The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»
BSP to review 3 percent rate cap on credit card transactions
The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
Murcia private cemetery warns public vs spurious transactions
Murcia private cemetery warns public vs spurious transactions.....»»
More Pinoys do buy now, pay later transactions
Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»