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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.....»»
Sofitel employees to get separation packages, job fair opportunities from DOT
Separation packages will be offered to employees who will be affected by the closure of the five-star hotel Sofitel Philippine Plaza Manila in Pasay City, according to its president......»»
DOTr chief: CBRT to continue; Council: Suspend packages
DOTr chief: CBRT to continue; Council: Suspend packages.....»»
Pagtrabaho sa packages 2, 3, 4 sa CBRT ipasuspenso
Pagtrabaho sa packages 2, 3, 4 sa CBRT ipasuspenso.....»»
Cebu City Council pushes to suspend civil works of CBRT’s packages 2-4
Cebu City Council pushes to suspend civil works of CBRT’s packages 2-4.....»»
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......»»
Legarda, Belmonte distribute livelihood packages
s a response to the increasing cost of living, Sen. Loren Legarda and Quezon City Mayor Joy Belmonte distributed livelihood packages on Thursday to around 1,400 residents through the Department of Labor and Employment integrated livelihood program......»»
DTI warns shoppers vs mystery packages
DTI warns shoppers vs mystery packages.....»»
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......»»
House expedites release of P35M aid for Davao disaster victims
The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»
Government releases P3.4 billion calamity funds in Q1
The government released a total of P3.4 billion in calamity funds in the first quarter of the year as it financed various disaster relief operations......»»
Gwen: No ‘ayuda’ despite state of calamity in entire province
CEBU CITY, Philippines – Cebu Governor Gwen Garcia does not intend to give ‘ayuda’ or dole outs despite declaring a state of calamity in the entire province on Friday, May 17. The governor placed the entire province under a state of calamity after receiving reports of huge damages to agriculture amounting to over P176 million.....»»
Marcos niligwak nationwide state of calamity
Nanindigan si Pangulong Bongbong Marcos na hindi kailangang ideklara sa buong bansa ang state of calamity bunsod ng matinding epekto ng El Niño dahil maaari naman itong gawin sa bawat rehiyon. The post Marcos niligwak nationwide state of calamity first appeared on Abante......»»
18 bayan, probinsya state of calamity sa El Niño
Sabi ni Presidential Communications Office (PCO) Assistant Secretary at Task Force El Niño Spokesperson Joey Villarama, marami pang lokal na pamahalaan ang nagbabalak na magdeklara na rin ng state of calamity dahil sa matinding epekto ng tagtuyot sa kanilang mga lugar. The post 18 bayan, probinsya state of calamity sa El Niño first appeared on Abante......»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
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......»»
Malabon releases P2.4 million aid for 800 poor residents
Over 800 poor residents from Malabon City received P2.4 million in financial assistance under the national government’s Assistance to Individuals in Crisis Situations on Friday......»»