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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 […].....»»
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 […].....»»
Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees
Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»
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.....»»
CSF gov t extends deadline for business permit renewal
CSF gov t extends deadline for business permit renewal.....»»
BSP issues guidelines for payment systems
The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»
India s neighbors adopt its digital payment system
New Delhi has launched its Unified Payment Interface in Sri Lanka and Mauritius, bolstering its influence in the region The leaders of India, Mauritius, and Sri Lanka have virtually launched New Delhi's Unified Payment Interface (UPI) system. The move allows Indian tourists to pay with the app while visiting t.....»»
DavNor posts lowest Dec 2023 inflation rate in Davao region
DavNor posts lowest Dec 2023 inflation rate in Davao region.....»»
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......»»
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......»»
Drivers, operators of unconsolidated PUVs have options – OTC
t is the not the end of the line for public utility vehicle operators and drivers who were not able to consolidate or apply for consolidation of their franchises before the Dec. 31 deadline, as they still have options to sustain their livelihood, the Office of Transportation Cooperatives said yesterday......»»
Treñas extends suspension of face-to-face classes in Iloilo City due to extreme heat conditions
Treñas extends suspension of face-to-face classes in Iloilo City due to extreme heat conditions.....»»
PDIC extends loan incentive program for closed bank borrowers
PDIC extends loan incentive program for closed bank borrowers.....»»
The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac
Mayor Sammy Laynes conveys his appreciation for the service rendered by outgoing Chief of Police Robert Kevin Caparosso during his tenure at the Virac Municipal Police Station for several years. Meanwhile, the mayor pledges his full support to the new leadership under OIC Chief of Police Emsol Icawat. “We also thank our outgoing chief, PMAJ […] The post The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac appeared first on Bicol Peryodiko......»»
Pag-ibig contribution nga binuwan mosaka
Pag-ibig contribution nga binuwan mosaka.....»»
PhilHealth members’ contribution rises to 5% in 2024
MANILA, Philippines — Philippine Health Insurance Corp. (PhilHealth) members will see a premium contribution hike from four to five percent this year. The increase is in line with the Universal Health Care (UHC) law, according to PhilHealth President and Chief Executive Officer Emmanuel Ledesma, Jr. “Kailangan natin ng pondo para matugunan ang ating mga nasimulang.....»»
Palawan Group of Companies, SB Corporation join forces to improve payment solutions for MSMEs
Through the expansive nationwide network and innovative payment solutions provided by the Palawan Group of Companies, SB Corp. reinforces its commitment to empowering MSMEs and working together to promote financial inclusivity throughout the Philippines......»»