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Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023

The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»

Category: newsSource: metrocebu metrocebuMar 16th, 2024

Valentine’s Day Wedding: 26 couples exchange ‘I Dos’ in Toledo City

MANDAUE CITY, Cebu — February 14 was a very important day for 26 couples in Toledo City who availed of the city government’s free wedding program. Mayor Marjorie Piczon Perales officiated the exchange of wedding vows and the special event was being held at the Toledo Sports Center, the city’s Public Information Office said. READ:.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

PERA contributions hit P396 million in 2023

Voluntary retirement contributions rose by 20.3 percent to P396.309 million in 2023 from P329.548 million in 2022, driven by the increase in the number of participants, according to the Bangko Sentral ng Pilipinas......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

British chamber remains optimistic on UK-Philippines trade growth

With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 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

USD3.32-B Loan Approved by BSP

On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»

Category: newsSource:  metrocebuRelated NewsJan 24th, 2024

Maya lauded globally as Philippines’ Best Digital Bank

2023 marked a milestone for Maya, reaching an impressive three million depositors. Dominating the industry, Maya commands 57% of the total digital bank depositors, as reported in September 2023 by Bangko Sentral ng Pilipinas (BSP).  .....»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Hong Kong records 34 mln visits in 2023 as tourism rebounds

HONG KONG, Jan. 13 (Xinhua) -- Hong Kong received approximately 34 million visits in 2023, with nearly 4 million arrivals in December, the Hong Kong Tourism Board (HKTB) said Saturday. Through 2023, the Chinese mainland remains the largest source of visitors to Hong Kong, with ideal numbers during the May Day holiday, summer vacation and the Golden Week in October. The Southeast Asian market has shown the.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Hong Kong records 34 mln visits in 2023 as tourism rebounds

HONG KONG, Jan. 13 (Xinhua) -- Hong Kong received approximately 34 million visits in 2023, with nearly 4 million arrivals in December, the Hong Kong Tourism Board (HKTB) said Saturday. Through 2023, the Chinese mainland remains the largest source of visitors to Hong Kong, with ideal numbers during the May Day holiday, summer vacation and the Golden Week in October. The Southeast Asian market has shown the.....»»

Category: newsSource:  manilanewsRelated NewsJan 13th, 2024

Discounted senior citizen discount

The signing into law that now grants one-time cash gift to Filipinos reaching the age of 80, 85, 90 and 95 years old is the most welcome reward for achieving long life......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

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, […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Philippines education to benefit from Cha-cha – NEDA chief

The country’s higher education system will greatly benefit from the easing of economic provisions of the Constitution, allowing the entry of renowned schools in the country, according to Socio-economic Planning Secretary Arsenio Balisacan......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

‘Informal workers to benefit from P100 wage hike’

Contrary to an employers’ group’s claim, informal workers would also benefit from the proposed P100 legislated wage increase, according to labor group Partido ng Manggagawa......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

PhilHealth hikes benefit package for heatstroke

The state health insurer’s heatstroke benefit package has been raised to P8,450 from P6,500 – a 30 percent increase......»»

Category: newsSource:  philstarRelated NewsApr 26th, 2024

Tupad to benefit 3K farmers, fisherfolks in Zamboanga City

Tupad to benefit 3K farmers, fisherfolks in Zamboanga City.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

CL farmers to benefit from free irrigation

CL farmers to benefit from free irrigation.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

FACT CHECK: SSS has no ongoing scholarship program

The Social Security System warns the public about fake posts bearing the agency’s logo that contain suspicious links promoting an alleged scholarship program.....»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

MOPPIYON KAHI DIID PATOY: Remembering Datu Lamberto Delfin

KIDAPAWAN CITY (MindaNews / 6 March)—Kidapawan was dealt a huge loss last week with the demise of Datu Lamberto “Ombuon” Delfin of Mua-an, one of the Pillars of the City’s Heritage. At the time of his death, Datu Lamberto was Kidapawan’s most senior and most revered Monuvadtuvad (performer of rituals) and one of the most […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 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