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...
Social Security System (SSS) is preparing to launch an energy sustainability loan program in September to help qualified members finance residential solar panel systems amid elevated electricity costs. In a statement on Friday, May 22, SSS President and Chief Executive Officer (CEO) Robert Joseph...
Several years after making his theater debut in "The Rak of Aegis" in 2019, Derrick Monasterio is returning to theater, stepping into one of Philippine literature’s most iconic roles as Crisostomo Ibarra in the restaging of the 2023 musical play "Ibarra…Ngayon." During our visit to their...
The Government Service Insurance System (GSIS) posted a 170 percent surge in first-quarter net income, driven by rebound in investment gains and steady premium growth, positioning the state pension fund to meet its ambitious full-year targets. In a statement, Wick Veloso, GSIS president and general...
Over 108,000 members and pensioners affected by recent calamities may avail themselves of ₱2.64 billion worth of emergency loans from state-run pension fund Government Service Insurance System (GSIS). In a statement on Friday night, May 8, GSIS said the emergency loan program aims to provide...
State-run pension fund Government Service Insurance System (GSIS) has launched a new loan facility to help members reduce daily transportation costs by financing bicycles and electric mobility devices. In a statement on Monday, May 4, GSIS said it rolled out the Ginhawa Bike and E-Mobility Loan...
The controlling faction of the Lopez family is calling for a formal government inquiry into “poison pill” provisions at First Gen Corp., alleging the measures protect the tenure of President and Chief Executive Officer Federico R. Lopez, at the expense of state pension funds and international...