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With closure of Sky Cable, ANC offers paid subscription online in bid to stay afloat
The ABS-CBN News Channel pivots to paid subscription on YouTube as it stands to lose financial support arising from Sky Cable's closure.....»»
Ivana mamimigay ng ‘all-expense paid trip’ sa Singapore para sa Eras Tour
ANG bongga ng bagong paandar ng Kapamilya sexy actress-vlogger na si Ivana Alawi para sa kanyang mga fans at social media followers. In-announce ng YouTuber na pipili siya ng isang lucky Taylor Swift fan na makakatanggap ng all-expense paid trip sa Singapore para sa “Eras Tour” ng American singer-songwriter. Ibinandera ni Ivana sa kanyang.....»»
Insurance complaints rise in 2023
Insurance complaints rose by nearly eight percent to 5,400 last year, largely coming from mutual benefit associations and health maintenance organizations......»»
GSIS income surges to P113 billion in 2023
The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»
Central Luzon tour guides receive free insurance coverage
Up to 51 tour guides in Central Luzon received free insurance coverage and tour guide kits during the 51st founding anniversary of the Department of Tourism......»»
BDO Life clients can now access their insurance policies online
BDO Life clients can now access their insurance policies online.....»»
World Bank pushes new agri insurance products
The Philippines needs to come up with new and better agricultural insurance products to help farmers cope with natural disasters, according to the World Bank......»»
Toral: Add cyber insurance on your digital shield
Toral: Add cyber insurance on your digital shield.....»»
Books, greens & unfinished business
I recently had lunch with very busy insurance executives and since the topic was about insurance, I raised the question on how prepared were they for retirement or even semi-retirement. Of course, NO ONE, not a single one, had really entertained the thought or been working on the inevitable......»»
Philippines upper middle-income status seen to boost insurance penetration
Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»
Recto backs insurance for OFWs
The availability of insurance products should extend to overseas Filipino workers , according to Finance Secretary Ralph Recto – indicating the possible lifting of restrictions in the current framework......»»
Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth
For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»
Philippines forex reserves dip to $103 billion in January
The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»
IC plans to increase CMVLI coverage to P200,000
The government plans to increase the indemnity claims of vehicular accident victims amid the need to improve overall insurance coverage in the country......»»
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......»»
Philippines denies any deal with China on Ayungin Shoal in South China Sea
Manila [Philippines], April 27 (ANI): The Philippines Department of National Defence (DND) has completely rejected China's claims of having any internal agreement on the Ayungin Shoal, Philippine News Agency quoted Philippines Defence Secretary Gilberto Teodoro Jr as saying. In a statement released on Saturday, Gilberto Teodoro Jr rejected the claims of Chinese officials about two new deals with the Philippines in 2023 to.....»»
FACT CHECK | Roque’s claim that Task Force Davao will be disbanded is false
MindaNews fact-checked the claims of former presidential spokesperson Harry Roque that Task Force (TF) Davao will be disbanded as Dabawenyos expressed concern that the city’s security will be weakened if such will happen. His claim is false, according to the Armed Forces of the Philippines (AFP). The AFP has refuted the claims of former presidential […].....»»
DavNor vice guv denies involvement in ayuda scam
The Vice Governor of Davao del Norte has denied any involvement in the alleged ayuda scam following claims made during a Senate hearing chaired by Senator Ronald Bato Dela Rosa. The hearing revealed that public officials in Davao de Oro and Davao del Norte were linked to illegally using cash assistance from the Department of Social Welfare and Development (DSWD) and funds from the Department of Labor and Employment (DOLE) for political campaigns. Vice Governor De Carlo Oyo Uy refuted the allegations, stating that there is no truth to the claims. In response, Governor Edwin Kuya Gov Jubahib emphasized that he was protecting the welfare of his constituents and the country's budget. He called for the punishment of those involved. The governor had previously requested an investigation into the ayuda scam after individuals in the provinces received less than the intended assistance. The vice governor announced plans for a separate investigation to clear his name and clarified that the DSWD is solely responsible for the identification, assessment, validation, and distribution of cash assistance to beneficiaries......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
Microinsurance contributions hit P13.5 billion in 2023
The continued awareness of Filipinos due to the impacts of the pandemic boosted the insurance contributions from low-income people, reaching P13.5 billion in 2023......»»