State-run Government Service Insurance System (GSIS) has disbursed ₱27.29 billion in microloans to 463,608 active state workers through its expanded credit facility, offering civil servants an alternative to high-cost informal lenders. The total reflects loan issuances from Oct. 24, 2024, through...
The Government Service Insurance System (GSIS) signed an agreement with Maxicare Healthcare Corp. to launch G-HEALTH, a program offering zero-interest financing for health and hospitalization insurance to government employees. In a statement, GSIS said the initiative allows public sector workers...
State-run Government Service Insurance System (GSIS) has allocated ₱520.08 million in emergency funding to support 21,153 members and pensioners affected by public health and agricultural crises in La Union and Negros Occidental. Under the facility, GSIS said that eligible active workers and...
State-run pension fund Government Service Insurance System (GSIS) invested ₱441.26 million to acquire shares of Megawide Construction Corp. from company Chairman Edgar Saavedra’s Megacore Holdings Inc., increasing its stake to 9.5 percent. Based on data from the Philippine Stock Exchange (PSE),...
State-run pension fund Government Service Insurance System (GSIS) has allotted ₱12.62 million in emergency loans for members and pensioners in Puerto Galera town, Oriental Mindoro province, following the declaration of a state of calamity due to prolonged dry conditions and water shortages caused...
State-run pension fund Government Service Insurance System (GSIS) has increased its funeral benefit by two-thirds to ₱50,000 from ₱30,000, providing greater financial assistance to families of deceased government workers and qualified pensioners. In a statement on Monday, July 13, GSIS said the...
The Government Service Insurance System (GSIS) expanded its investment in Citicore Renewable Energy Corp. (CREC) to ₱4.5 billion, completing a series of secondary-market purchases that finalized builder Megawide Construction Corp.’s exit from the solar producer. CREC disclosed to the...
The Government Service Insurance System (GSIS) expanded its Balik Ginhawa loan moratorium program to allow state workers and pensioners to claim cash refunds equivalent to up to six months of amortizations. Under the enhanced program, also known as Balik Ginhawa 2, qualified borrowers can recover...
The Government Service Insurance System (GSIS) set aside an initial ₱69.1 million in loss reserves to cover reported damages to government properties following the magnitude 7.8 earthquake that struck Mindanao. In a statement, GSIS said the state pension fund’s allocation follows a directive...
When first staged in 2023, "Ibarra," as directed by Frannie Zamora and produced by Tanghalang Una Obra, was hailed as a vibrant musical adaptation of Jose Rizal’s "Noli Me Tangere." Flash forward to today, an updated, restaged version with Zamora still at the helm was mounted just the other night...
State-run Government Service Insurance System (GSIS) has opened 1,000 slots for ₱15,000 assistance per academic year for children of government workers to pursue Science, Technology, Engineering, and Mathematics (STEM) courses. The initiative, known as the GSIS Subsidy for STEM Program (GSSP),...
State-owned Government Service Insurance System (GSIS) has earmarked ₱15.1 billion in emergency financial relief to support over 608,000 members and retirees affected by the magnitude 7.8 earthquake in Mindanao. In a statement, Wick Veloso, GSIS president and general manager, announced the relief...
