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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......»»
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......»»
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......»»
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......»»
Binay: Yellow card holders get free PET, CT scans
Makati residents who have yellow cards and their dependents below 21 years old can avail themselves of free digital PET and CT scan services at the Makati Life Medical Center by the third quarter of the year, Mayor Abby Binay announced yesterday......»»
House panel OKs tax breaks for companies hiring senior citizens
Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»
PhilHealth may handog na libreng mammogram, breast ultrasound tests
GOOD news ngayong ipinagdiriwang ang Women’s Month! Ayon sa Philippine Health Insurance Corp. (PhilHealth), magkakaroon ng libreng mammogram at breast ultrasound tests ang mga babaeng miyembro simula sa Hulyo. Kada taon pwedeng i-avail ang nasabing serbisyo sa ilalim ng breast cancer prevention and detection package. Ang magandang balita ay kinumpirma mismo ng chief executive officer.....»»
Single Quezon LGU employees to get Valentine’s Day ‘stress leave’
Single employees of the municipal government in General Luna town in Quezon can avail themselves of a two-day ”special stress leave” this month......»»
Embo residents get free access to Makati service caravans, medical check-ups
The Makati local government unit said that EMBO residents can avail of free services from the city’s “Lingkod Bayan Caravan,” which is regularly scheduled on a Saturday......»»
US CPI for December slightly hotter than expected
The data for the US Consumer Price Index in December showed that prices increased 3.4% y/y, which was higher than the November CPI result (3.1% y/y) and (more importantly) higher than the consensus expectations in the market of a 3.2% y/y increase......»»
DSWD plans to do away with seniors’ booklets
The Department of Social Welfare and Development (DSWD) on Friday said it plans to do away with the purchase booklets that senior citizens use for record-keeping when availing themselves of discounts on medicines and other essential goods. A recent position paper by DSWD’s Program Management Bureau (PMB) proposes that the booklets—where drug store or supermarket staff note down.....»»
Globe launches 'SeniorDigizen program
Getting used to today’s technology and online services can be a daunting task for the elderly, but Globe Telecom launched yesterday a campaign to get more Filipino seniors into the digital economy and enjoy the benefits of digitalization.?.....»»
Councilor urges social media influencers to observe local laws
The Davao City councilor, Temujin “Tek” Ocampo, has urged social media influencers to familiarize themselves with local ordinances before promoting areas to their followers. Ocampo, who heads the Committee on Environment and Natural Resources, appreciates the promotion of Davao City by social media influencers but emphasizes the importance of understanding local laws before attracting crowds to specific areas. He expressed gratitude for the promotion but highlighted the challenge of controlling the influx of people once a location is featured. Ocampo plans to collaborate with Councilor Al Ryan Alejandre, Chair of the Committee on Tourism and Beautification, to accredit social media vloggers through the local government unit. He underscored the need for accredited vloggers, recognizing their contributions to the city and addressing any mistakes they might make. This initiative aims to balance recognition for positive actions with corrective measures for any missteps. The concerns arose in November 2023 when a Davao City-based environment group criticized a travel vlogger for promoting recreational activities in a river within the Panigan-Tamugan Watershed. Following a waste dumping incident on January 11, 2024, the group urged Dabawenyos, especially vloggers and influencers, to refrain from visiting protected areas for leisure. They emphasize the importance of understanding and respecting rules and regulations before endorsing specific parts of the city......»»
Partnering with Social Media Personalities for Your Small Business is a Must
As Tiktok and Facebook and Instagram Reels continue to send shockwaves across the social media world, influencers now wield more significant power than ever. This also makes the perfect time and era to partner with them to shape consumer behavior in your favor and drive brand engagement. While it’s often perceived that only large corporations […].....»»
Destruction of Gaza in numbers: ‘Unlike anything we have studied’
As well as killing more than 34,000 people and causing catastrophic levels of hunger and injury, the seven-month war between Israel and Hamas has also caused massive material destruction in Gaza. “The rate of damage being registered is unlike anything we have studied before. It is much faster and more extensive than anything we have.....»»
Putin is starting his 5th term as president, more in control of Russia than ever
Putin is starting his 5th term as president, more in control of Russia than ever.....»»
Southern Brazil has been hit by the worst floods in more than 80 years
Southern Brazil has been hit by the worst floods in more than 80 years.....»»