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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.....»»
CSF gov t extends deadline for business permit renewal
CSF gov t extends deadline for business permit renewal.....»»
PhilHealth defends contribution rates
Defending its current contribution rates, the Philippine Health Insurance Corp. yesterday said PhilHealth’s existing premium contribution rates are based on what is mandated by law......»»
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......»»
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 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 softens approach vs. delinquents
SSS softens approach vs. delinquents.....»»
Village officials to be enrolled with SSS
Village officials to be enrolled with SSS.....»»
Igacos mayor gives Nordeco deadline to OK power situation
ISLAND Garden City of Samal (Igacos) Mayor Al David Uy has given the Northern Davao Electric Cooperative, Inc. (Nordeco) only until the end of June 30, 2024 to "online" the submarine cable, which would address the island's power situation......»»
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......»»
Unconsolidated jeepneys given 15-day leeway after consolidation deadline
Unconsolidated jeepneys that continue to ply their routes after the April 30 deadline will be free from penalties until mid-May — but they will be fined and impounded as "colorum" vehicles should they continue after initial reminders......»»
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......»»
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.....»»
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.....»»
Pag-ibig contribution nga binuwan mosaka
Pag-ibig contribution nga binuwan mosaka.....»»
Marcos Jr. extends PUVMP deadline by 3 months
President Marcos has approved a three-month extension of the consolidation of public utility vehicles as some groups are calling on the government to resolve issues in the implementation of a program designed to modernize the sector......»»
The Importance of Still Keeping Loose Change
In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»