State-run Power Sector Assets and Liabilities Management Corp. (PSALM) wants to trim down further its financial obligations by implementing cost-cutting measures while increasing revenue collection, the Department of Finance (DOF) said. In a statement, Irene Joy Besido Garcia, PSALM president and...
The Philippine Commission on Women (PCW), on Monday, April 11, welcomed the signing of Executive Order (EO) 167 which aims to strengthen the organizational structure of PCW. (Image courtesy of PCW) “This EO raises the Chairperson’s rank to Undersecretary, increases sectoral representation, and...
Malacañang has issued an executive order to strengthen the organizational structure of the Philippine Commission on Women (PCW), noting its expanded role and scope of work. Philippine Commission on Women logo (via Facebook) Based on Executive Order No. 167 signed by Executive Secretary Salvador...
Senator Aquilino Pimentel III on Friday, April 8 said departments and offices under the executive branch should report to the Senate on its expenditures in connection with its the Covid-19 pandemic response. These are, according to Pimentel, the Department of Finance (DOF), Department of Health...
A trio of pro-digital transformation bills will all be on Camarines Sur 2nd district Rep. LRay Villafuerte's mind once sessions resume in the House of Representatives after the May 9 polls. (Sergey Zolkin/ Unsplash) Villafuerte said further digitalization should preoccupy lawmakers in the remaining...
The Social Security System (SSS) has given its pensioners another three months to comply with the Annual Confirmation of Pensioners’ Program (ACOP). In a statement, Michael G. Regino, SSS president and chief executive officer, said on Thursday, March 31, that the compliance deadline for the ACOP...
The Philippines has adopted the ten-point policy agenda to accelerate and sustain the country's economic recovery from the Covid-19 pandemic, taking a whole-of-government approach to align all economic recovery programs and measures of the national government. Bloomberg photo Executive Secretary...
Finance Secretary Carlos G. Dominguez III has commended former Social Security System (SSS) President and Chief Executive Officer Aurora Ignacio for her efforts in accelerating the pension fund’s digitalization processes for the benefit of its members. According to Dominguez, Ignacio spearheaded...
State-owned Social Security System (SSS) clarified that pensioners residing in the Philippines are still exempted from complying with the annual confirmation of pensioners’ program (ACOP) to continue receiving their monthly pensions. In a statement, Michael G. Regino, SSS president and chief...
The Social Security System (SSS) has extended operating hours of its branches in Metro Manila to improve frontline services following the influx of transactions. In a statement, newly-installed SSS President and Chief Executive Officer Michael G. Regino said on Friday, March 11, that he ordered...
The digitalization program of the Social Security System (SSS) has reduced the pension fund’s operating expense, the Department of Finance (DOF) said. In a statement released by the DOF, the department reported that SSS’ operating expenses amounted to P4 for every P100 of benefits paid in 2021,...
The camp of aspiring president Ferdinand "Bongbong" Marcos Jr. has welcomed President Duterte's signing of Executive Order (EO) No.164 to allow the use of nuclear power as an alternative source of energy for the country. A nuclear power plant in Belgium (Frederic Paulussen/ Unsplash) In commending...
