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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......»»
Revenue loss due to PIFITA may hit P126 billion
The government may have to forgo P126 billion in revenues over the next five years from the remaining tax reform package that seeks to simplify the tax system......»»
Missile system sa Northern Luzon pinalagan ng Makabayan
Nais ng tatlong kongresistang miyembro ng Makabayan bloc na mapaimbestigahan sa Kamara de Representantes ang tinanim na missile system umano ng Estados Unidos sa Northern Luzon. The post Missile system sa Northern Luzon pinalagan ng Makabayan first appeared on Abante......»»
Filing of complaints now easier with CARe System – DTI
The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»
Cebu City eyes ‘Singapore-like’ railway system to improve transport
CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
US tries out new missile system in ‘Balikatan’ 2024
The Marcos Jr. administration appears to be “slowly but surely allowing the country to be dragged into the massive US-led military build-up against China, threatening to engulf the whole region in war.” The post US tries out new missile system in ‘Balikatan’ 2024 appeared first on Bulatlat......»»
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.....»»
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......»»
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.....»»
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.....»»