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SSS Surpass 2023 Revenue Target by 9.5%
The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»
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 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......»»
SSS softens approach vs. delinquents
SSS softens approach vs. delinquents.....»»
Village officials to be enrolled with SSS
Village officials to be enrolled with SSS.....»»
SSS pushed P300 million into REITs in Q4
Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»
‘Rice retail prices down by P2/kilo’
The retail prices of rice decreased by P2 per kilo as well-milled rice went down to P52 per kilo compared to the previous P54 per kilo, according to farmers’ group Samahang Industriya ng Agrikultura......»»
Loans to agriculture sector ‘quadrupled’ in 2023
The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»
Government jacks up infrastructure spending to P1.2 trillion in 2023
The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»
Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»
Tupad to benefit 3K farmers, fisherfolks in Zamboanga City
Tupad to benefit 3K farmers, fisherfolks in Zamboanga City.....»»
‘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......»»
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......»»
CL farmers to benefit from free irrigation
CL farmers to benefit from free irrigation.....»»
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, […].....»»
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......»»
Mga OFW sa death row pinasasalba habang Ramadan
Dapat isulong ng gobyerno ang pagsalba sa mga overseas Filipino worker na nasa death row dahil tuwing Ramadan isinasaisip ng mga Muslim ang pagpapatawad sa nagkasala, ayon sa isang kongresista. The post Mga OFW sa death row pinasasalba habang Ramadan first appeared on Abante......»»
Russia has yet to establish official cause of Navalny death, spokeswoman says
Alexei Navalny's mother, Lyudmila, is told he died from 'sudden death syndrome,' a vague term for heart conditions that end in death. Navalny's spokeswoman, Kira Yarmysh, says Russian authorities were lying and stalling......»»
Landslide survivor: Where can I get my son’s death certificate?
MACO, Davao de Oro (MindaNews. 11 February) — Ten minutes before 10 a.m. on Sunday, Julius Sandolan, 36, mustered what’s left of his strength to go to the reception area of the Incident Command Post and ask in Cebuano: “Asa mangayo ug death certificate?” (Where can I get a death certificate?) Days after staring into […].....»»
King Cobra bite not ruled out in death of Dalaguete farmer
CEBU CITY, Philippines — Authorities in the town of Dalaguete in southern Cebu cannot conclude yet if the death of a 64-year-old farmer was caused by a king cobra. The Dalaguete Police Station and the Municipal Disaster Risk Reduction and Management Office (MDRRMO) said that the death of the farmer from Barangay Babayongan still needs.....»»