Derco Rosal

SSS approves over P1.15 billion in calamity loans for typhoon-affected members

State-run Social Security System (SSS) announced that it had disbursed over P1.15 billion in calamity loan assistance to nearly 70,000 members affected by recent typhoons.

BOI aims for P1.75-trillion investment haul in 2025

Following the beyond-target approved investments this year, the Board of Investments (BOI) is now aiming to surpass this record by securing P1.75 trillion in approvals for 2025.

DOF: New tax breaks for electric coops to benefit consumers, expand access

Filipinos may soon experience relief from the additional burdens linked to paying electricity bills as the Department of Finance (DOF) and the Department of Energy (DOE) have signed a joint memorandum circular (JMC) granting tax exemptions to qualified electric cooperatives (ECs).

Security Bank takes over management of three FWD life insurance funds

Security Bank Corporation has assumed management of three FWD Life Insurance Variable Life (VL) funds to offer customers integrated financial solutions that blend life insurance benefits with professionally managed investments.

Philippines smashes investment targets for 2024—DTI

The Department of Trade and Industry (DTI) has exceeded its 2024 investment targets, reaching a total of P1.834 trillion in investments from the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA).