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Koko to pols: Stay away from ayuda distribution

Politicians should stay away from in-person distribution of ayuda or financial assistance from the government so as not to mislead the public that the aid comes from them, Senate Minority Leader Aquilino Pimentel III said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

E-wallets tapped in distribution of P22.9 billion farmer subsidies

The Department of Agriculture (DA) has allowed the use of e-wallets in the distribution of P22.9 billion in subsidies to farmers......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Inflation and its impact on senior citizens

The recent government initiative to bolster social pension payouts for indigent senior citizens reflects a vital step in mitigating the impact of inflation on basic necessities......»»

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

Continue serving with care, compassion, PBBM tells DSWD

President Ferdinand R. Marcos Jr. emphasized the importance of serving the public with care and compassion during the Department of Social Welfare and Development's (DSWD) 73rd anniversary celebration. He commended the DSWD for its continuous efforts in providing aid to disaster victims and the disadvantaged sectors. President Marcos urged the DSWD to treat the poor and vulnerable with kindness and empathy, highlighting the agency's role in uplifting communities. He also noted the significant increase in the agency's budget, particularly for programs such as Pantawid Pamilyang Pilipino Program (4Ps), senior pension, food catering operations, and the food stamps program. President Marcos emphasized that the DSWD's programs are designed to offer a hand up rather than a handout, aiming to empower individuals and families to improve their circumstances. He underscored the government's commitment to dignified giving and support for those in need, emphasizing the agency's role in providing assistance while promoting self-sufficiency......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Jeepney strike under way in Philippines as deadline to modernise nears - Philippines

Government tells operators they must join cooperatives by Tuesday and gradually replace their vehicles with greener options A three-day strike by drivers of jeepneys in the Philippines began on Monday as transport groups warned that thousands could be pushed off the roads by government modernisation plans. The jeepney is the backbone of the Philippines transport system. The customised, privately-owned buses, which look li.....»»

Category: newsSource:  manilanewsRelated NewsApr 29th, 2024

ROS nears last 8

Out of the gate, Rain or Shine dropped 12 unanswered points on NorthPort......»»

Category: sportsSource:  philstarRelated NewsApr 18th, 2024

Dito ramps up operations

After investing nearly $1 billion to build up its network and as it nears its compliance by the fifth year of its operations to provide the mandated 84 percent connectivity to its target population by the middle of this year, Dito Telecommunity is ramping up commercial operations to finally monetize and gain it rightful share of the market, according to Eric Alberto, president and CEO of Dito......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Maynilad nears maiden P15 billion blue bond issue

Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Quizon nears Grandmaster status

The long wait for the Philippines’ next chess Grandmaster could be over soon......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Aiming to be ‘stronger, faster,’ EJ Obiena begins 2024 season as Olympics nears

Filipino pole vault star EJ Obiena will see action in three events across Europe over the next two weeks as he ramps up his preparations for the Paris Olympics.....»»

Category: newsSource:  rapplerRelated NewsFeb 14th, 2024

Beware of ‘love scams’ as Valentine’s Day nears — DILG

MANILA, Philippines — Interior and Local Government Secretary Benjamin Abalos Jr. on Tuesday warned Filipinos of possible love scams as Valentine’s Day approaches. In a Palace briefing, Abalos explained that these involve criminals studying the personal life and interests of their targets and appealing to them emotionally. “Iyong love scam, I don’t know if you’ve heard about.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

As Valentine s Day nears, public cautioned vs love scams

Interior Secretary Benjamin "Benhur" Abalos Jr. warned the public against love scams as Valentine’s Day approaches......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Malixi rallies, but fades with 75; Harris nears crown

Rianne Malixi charged back from a four-over card with birdies in the last two holes as she rescued a 75 and move to joint 12th......»»

Category: sportsSource:  philstarRelated NewsJan 18th, 2024