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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.....»»
Geeks On A Beach: PH startups eyeing $1-billion in funding deals this 2023
Startups in the Philippines have quietly won $1-billion in total funding deals for two straight years in a row in 2021 to 2022, and there are indications they could continue the winning trend. New funding deals may yet to be clinched at the Geeks On A Beach (GOAB) international conference on November 22 to 24 […].....»»
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......»»
Philex unit secures $70 million funding for Silangan mine
A wholly owned subsidiary of Pangilinan-led Philex Mining Corp. has secured an additional $70 million funding for the development and operation of its Silangan mine project in Surigao del Norte......»»
Makabayan bloc seeks probe into funding of charter change initiatives
In a resolution Reps. France Castro (ACT Teachers Party-list), Arlene Brosas (Gabriela Women’s Party) and Raoul Manuel (Kabataan Party-list) called for a probe by the House’s committee on public accounts, stressing the public deserves to know the source of funding for the renewed attempt to change the Constitution. .....»»
8,000 additional motorcycle taxis to operate outside Metro Manila
The 8,000 additional motorcycle taxis will operate outside Metro Manila and no additional units will be allowed to operate within the metropolis, Transportation Secretary Jaime Bautista clarified over the weekend......»»
SSS savings scheme hits P80 billion
The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»
China sidetracked as funding source for PNR Bicol
The government is taking another funding route for the Philippine National Railways South Long Haul, also called the PNR Bicol instead of China. It is seeking the assistance of the Asian Development Bank instead to pursue the long-delayed rail project......»»
Top donor to resume funding UNRWA
Top donor to resume funding UNRWA.....»»
DOST supports researchers with P500K funding program
DOST supports researchers with P500K funding program.....»»
Mober secures $2-M in seed funding to electrify Philippine logistics
Mober secures $2-M in seed funding to electrify Philippine logistics.....»»
Mober raises $2 million in seed funding
Logistics services provider Mober is accelerating the integration of electric vehicles into its fleet after securing $2 million in seed funding......»»
World Bank urges Philippines to address funding, infrastructure challenges
The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»
UN chief: Resume funding Gaza aid agency
UN chief: Resume funding Gaza aid agency.....»»
Guterres: UN to punish staffers involved in ‘terror,’ urges UNRWA funding
UN Secretary-General Antonio Guterres implores governments to continue supporting the UN refugee agency for Palestinians after multiple countries paused funding.....»»
Iloilo Airport to get P190-M funding for rehabilitation
Iloilo Airport to get P190-M funding for rehabilitation.....»»
‘Congress can provide funding for SHS vouchers for SUCs’
An opposition legislator yesterday offered a solution to the Commission on Higher Education problem regarding the discontinuation of vouchers for senior high school students, saying that Congress can still provide funding if needed......»»