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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 […].....»»
‘Register early, don’t wait for deadline,’ Tongson urges new voters
‘Register early, don’t wait for deadline,’ Tongson urges new voters.....»»
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.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Seniors advised to register at Osca to qualify for expanded Centenarians Act
AN OFFICIAL from the Office of the Senior Citizen Affairs (Osca) said that for senior citizens in Davao City to qualify for the expanded Centenarians Act they should register first in their office......»»
Pinoys overseas reminded to register for 2025 elections
Filipinos abroad have 182 days left to register as overseas voters for the 2025 midterm elections, according to the Commission on Elections......»»
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......»»
6K habal-habal drivers register with Cebu City
6K habal-habal drivers register with Cebu City.....»»
Comelec may soon launch ‘Register Anywhere Program’ in Mandaue
Comelec may soon launch ‘Register Anywhere Program’ in Mandaue.....»»
Cebu-Based Filipino Homes Launches Global Partners Facility Against Scammers in Real Estate
Cebu-based Filipino Homes intensified its campaign against scammers in buying real estate properties with the launching of their “Global Partners” facility in Dubai, United Arab Emirates (UAE). The facility will help in particular Overseas Filipino Workers (OFWs) or Filipinos living abroad access to right information pertaining to property investments in the Philippines and other related […].....»»
SSS softens approach vs. delinquents
SSS softens approach vs. delinquents.....»»
Village officials to be enrolled with SSS
Village officials to be enrolled with SSS.....»»
MCWD eyes additional Board members from other LGUs
CEBU CITY, Philippines — The MCWD might include more members on its Board of Directors coming from other LGUs being served by the agency. The new members would represent the other highly-urbanized cities, including five municipalities under Cebu Province. In a press statement on Jan. 24, the MCWD board members said that they are ‘considering.....»»
Real property and business owners may pay their dues while malling
MANILA Mayor Honey Lacuna said that the payment of real property and business permits can now be done on the side, while malling. The lady mayor said that owners of businesses and real properties in the city have the option of settling their dues in a shopping mall, apart from doing it online or within […].....»»
PCG’s Facebook page hacked in third cyberattack this 2024
MANILA, Philippines – The Philippine Coast Guard (PCG) lost access to its Facebook account on Monday evening, the third cyberattack that gripped the maritime security group this year. At around 6 p.m., PCG spokesperson Rear Admiral Armand Balilo said that “an unknown entity gained access on [its] official Facebook page” which was handled by the personnel.....»»
Philippines urges speedy PJEPA review
The Philippines is wants a faster conclusion of the ongoing general review of the Philippines-Japan Economic Partnership Agreement, even as it continues to push for improved market access for some of its products, according to an official of the Department of Trade and Industry......»»
SSS offers loan condonation program
State-run pension fund Social Security System has called on its members with unsettled loans to avail themselves of the agency’s condonation program and clear out their obligations......»»
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......»»
Marcos sees internet access for all via fiber backbone project
The government is ramping up efforts to provide internet access for all Filipinos amid its importance in trade and communication, President Marcos said on Friday......»»
More than 12,000 register for 2024 Bar Exams
MANILA, Philippines – The Supreme Court revealed on Monday that 12,246 law graduates have enrolled for the 2024 Bar Examination. The deadline for the application to take the 2024 Bar Examination was last April 5. Applications are currently being processed, which is why it is still not known how many first-time takers, repeaters, or those.....»»