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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......»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
BSP hits 50 percent target in digitized payments
The Bangko Sentral ng Pilipinas managed to hit its goal of shifting half of total retail payments to digital channels in 2023, with more small businesses likely to onboard moving forward......»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility.....»»
Navigating Challenges in B2B Cross-Border Payments
Cross-border payments are vital to B2B operations, enabling businesses to extend their reach globally. While these transactions offer opportunities for international trade, they also present.....»»
BTI Payments partners with Southstar Drug to expand Philippines footprint
BTI Payments Philippines Inc., a wholly owned subsidiary of Australia’s Banktech, has partnered with Southstar Drug to further expand its footprint in the Philippines......»»
Engagement of government workers under contract of service, JO extended
Engagement of government workers under contract of service, JO extended.....»»
Capitation rate for PhilHealth s Konsulta package raised; new screening services added
The board of directors of the Philippine Health Insurance Corp. approved on Wednesday an increase in the capitation rate for its outpatient benefits package called Konsulta, along with the inclusion of more screening services......»»
PhilHealth ordered to cover ultrasound, mammogram in Konsulta package
In a release Tuesday, the department said that Health chief Teodoro Herbosa has directed the state health insurer to add these screening services to the current Konsulta package......»»
PhilHealth claims for COVID-19 pneumonia hit P14.6 billion
COVID pneumonia topped the medical cases that the Philippine Health Insurance Corp. reimbursed last year, with claims amounting to more than P14 billion......»»
PhilHealth backs Speaker’s call for better benefit packages
Executives of the Philippine Health Insurance Corp. have thrown their support behind the call of House Speaker Martin Romualdez for the state insurer to enhance their service and benefit packages for members and their dependents......»»
Free PhilHealth coverage OK’d for solo parents
Single parents will now be entitled to free coverage of the state-run Philippine Health Insurance Corp. as provided under the law expanding the economic benefits for single fathers and mothers, a senior administration lawmaker disclosed yesterday......»»
Speaker wants bigger PhilHealth share in private hospitalization
The Philippine Health Insurance Corp. should bear more of the costs of hospitalization, including the medical bills and doctors’ fees incurred by patients admitted in private hospitals, Speaker Martin Romualdez said on Sunday......»»
Full PhilHealth coverage for cancer treatment, major surgeries pushed
The Philippine Health Insurance Corp. should have full coverage of cancer treatments, heart bypass and other major operations, a party-list lawmaker said yesterday......»»
Universal Health Care Program to benefit 288,000 Lumads in Agusan Sur
SAN FRANCISCO, Agusan del Sur (MindaNews / 31 January)—The Universal Health Care (UHC) program launched by the Philippine Health Insurance Corporation (PhilHealth) here starting January 1 this year is set to benefit the 288,353 indigenous peoples (IPs) in this landlocked province. The UHC beneficiaries—hailing from the Manobo, Higaonon, Banwaon, and Tala-andig tribes—reside in geographically isolated, […].....»»
PhilHealth’s expanded outpatient drug list out
The state health insurer has released a list of 32 commonly prescribed outpatient medicines that have been added to the Konsulta program......»»
Pag-IBIG to increase member contributions in February 2024
MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund said that it will raise its member contributions in February 2024. In a phone interview on Tuesday, it said that monthly contributions from employees and employers will be increased to P200, from the minimum P100. ALSO READ: PhilHealth members’ contribution rises to 5%.....»»
Another data leak hits PhilHealth
Bugs or coding errors, not cyber hackers, caused glitches that hit the Philippine Health Insurance Corp. website over the weekend, Department of Information and Communications Technology Undersecretary for cybersecurity, connectivity and upskilling Jeffrey Ian Dy said yesterday......»»