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DOF: GFIs can seek extended relief after Maharlika infusion
Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»
Myanmar’s military gov’t. to start drafting 5K people a month for military service
Myanmar’s military gov’t. to start drafting 5K people a month for military service.....»»
GSIS non-life insurance premiums hit P3 billion in Q1
State-run pension fund Government Service Insurance System (GSIS) hiked its collection of non-life insurance premiums to P3 billion in the first quarter as more agencies move to secure their assets from eventualities......»»
GSIS acquires more shares in RCR
State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»
Ex-ombudsman hits back at GSIS management, questions deals
Former ombudsman Ma. Merceditas Gutierrez lashed back at the management of the Government Service Insurance System after the state-run pension fund manager questioned her eligibility as a member of the board of trustees......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
SSS targets 20% profit hike to P100 billion
State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
SSS releases P257 billion in benefit payments
State-run pension fund Social Security System released P257.4 billion in benefit payments to 4.7 million members last year......»»
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......»»
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.....»»
SSS surpasses 2023 target
State-run pension fund Social Security System saw its net income reach a record P83 billion in 2023 on the back of the mandatory contribution hike and the increase in new members......»»
SSS revenue soars to P362 billion in 2023
The mandatory contribution hike and the increase in new members boosted the revenues of state-run pension fund Social Security System to P362 billion last year......»»
GSIS non-life insurance premiums hit record high P9.8 billion in 2023
State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»
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 savings scheme hits P80 billion
The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»
Philippines to hold military exercise with US amid escalating tensions with China
Manila [Philippines], April 20 (ANI): After reaffirming their bilateral ties at the unprecedented trilateral summit held at the White House on April 12, Philippines is set to hold a military exercise with the forces of US and Japan from April 22 to May 10, Nikkei Asia reported. "The Armed Forces of the Philippines (AFP) and the U.S. military will conduct the 39th iteration of Balikatan, the largest annual bilateral traini.....»»
Eyewitnesses say military involved in abducting labor organizer
The fact-finding team on the disappearance of a labor organizer said that there are eyewitness reports that the Philippine military is involved. The post Eyewitnesses say military involved in abducting labor organizer appeared first on Bulatlat......»»
Padilla naglektyur sa citizen military course
Nagbigay ng mensahe si Senador Robin Padilla sa pagsisimula ng Basic Citizen Military Course sa Senado na dapat palaging handa ang mga empleyado ng gobyerno. The post Padilla naglektyur sa citizen military course first appeared on Abante......»»
Philippine women group condemns joint Philippine, U.S. military drills
MANILA, March 31 (Xinhua) -- A progressive women's group in the Philippines, GABRIELA, on Sunday strongly condemned the annual joint military exercise between the Philippines and the United States scheduled next month. GABRIELA Secretary-General Clarice Palce demanded the expulsion of all U.S. troops from the Philippines and the immediate termination of military agreements such as the Visiting Forces Agreement a.....»»