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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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

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......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 2024

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......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

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.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 1st, 2024

Military hubris at play in envi activists’ case

To recall, the two activists, Jhed Tamano and Jonila Castro, both in their early 20s, were kidnapped and held in secret custody for 17 days in September last year. Presented at a press conference purportedly to announce that they had surrendered, the two instead accused the military of abducting them. Taken by surprise, the authorities were shocked into releasing them pronto. The post Military hubris at play in envi activists’ case appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 25th, 2024

BTS RM naka-military band uniform at may saxophone viral na

KAHIT abala sa mandatory military service ng South Korea, hindi pa rin nakakatakas sa mata ng publiko si RM, ang isa sa miyembro ng K-Pop sensation na BTS. Kumakalat ngayon sa X (dating Twitter) ang litrato ng global K-Pop star na kabilang sa military band. Makikita sa viral photo na suot ni RM ang pulang.....»»

Category: newsSource:  inquirerRelated NewsFeb 19th, 2024

Philippines will increase military presence in islands facing Taiwan

MANILA, The Philippines: The Philippines is set to bolster its military presence on islands adjacent to Taiwan, aiming to enhance its territorial defense capabilities, as announced by Defense Secretary Gilberto Teodoro. During his visit to naval facilities on the remote Batanes islands, less than 125 miles from Taiwan, Teodoro instructed the military to increase troop deployments and called for the development o.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 10th, 2024

Progressives commemorate Filipino-American war, call for a stop to US military intervention

Filipino activists marked the 125th anniversary of the Filipino-American War with a protest against the expansion of US military bases and the US role in genocide in Palestine, Feb. 4. The post Progressives commemorate Filipino-American war, call for a stop to US military intervention appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 4th, 2024

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

DOF finalizing P55.7 billion loan for Metro Manila subway

The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

DoF considering IPOs for LandBank, DBP

The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

DOF limits tax-exempt status for pickup trucks

The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

British Chamber pushes for Anti-Agricultural Smuggling Act, lauds appointment of Recto as DOF Secretary

BCCP Executive Director/Trustee Chris Nelson reiterates support for the passage of the Anti-Agricultural Smuggling Act, one of the key priority legislation under the Marcos administration......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Rep. Ralph Recto itinalagang bagong finance secretary

MAY napili na si Pangulong Bongbong Marcos na bagong uupong hepe para sa Department of Finance (DOF). Kinumpirma ng Malacañang na ang itinalagang bagong finance secretary ay ang Deputy Speaker at Batangas Representative na si Ralph Recto. Ayon kay Presidential Communications Office Secretary Cheloy Garafil, nakatakdang manumpa sa pwesto si Rep. Ralph ngayong January 12......»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Government setting up fund to manage PPP risks

The government is set to establish a risk management fund for public-private partnership projects......»»

Category: financeSource:  philstarRelated NewsMay 21st, 2024