Three state-run banks and insurance corporations received the highest ratings for corporate governance in 2022 from the Governance Commission of GOCCs (GCG). During the Government-owned and Controlled Corporations (GOCC) governance awards on Monday, Nov. 20, the Land Bank of the Philippines...
The Government Service Insurance System (GSIS) has announced that it will begin distributing Christmas cash gifts to its old-age and disability pensioners on Dec. 6. In a statement, Wick Veloso, GSIS president and general manager said the pension fund has allocated a total of more than P3.47...
The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) assured that the construction of Maynilad Water Services Inc.’s modular treatment plant (MTP) will not impose any additional tariff charges. During the Public Consultation Drive on Friday, Nov. 17, Israel C. Bungay, the...
To enhance investment returns, the Social Security System (SSS) has tapped two government-owned banks to serve as its local fund managers for the next three-year period. Rolando Ledesma Macasaet, SSS president and chief executive officer said, the pension fund has allocated P2 billion in...
State-run Social Security System (SSS) received recognition for addressing all concerns from its members from the Civil Service Commission (CSC). In a statement, the insurance system gained a 100 percent rate in complaint resolution among the other government agencies in 2022. The achievement was...
The Government Service Insurance System (GSIS) reported a surge in interest for its Multi-Purpose Loan Flex (MPL Flex) Program that offers public school teachers and other members the opportunity to access loans at a low interest rate. In a Facebook post on Friday, Nov. 10, the pension fund for...
President Marcos has named the former Chairman of Century Rural Bank Inc., Rodolfo Del Rosario Jr., the new Government Service Insurance System (GSIS) chairman. Rodolfo Del Rosario Jr. (Rodolfo Del Rosario - RDR Jr/Facebook) This was bared in a Facebook post by the Presidential Communications...
Marikina City 2nd district Rep. Stella Quimbo (Ellson Quismorio/ MANILA BULLETIN) Marikina City 2nd district Rep. Stella Luz Quimbo believes that something serious must be done to fix the country's ailing healthcare system. Quimbo filed on Wednesday, Nov. 8...
ZAMBOANGA CITY – The Social Security System (SSS), Bureau of Customs (BOC), and the Philippine Ports Authority (PPA) signed a Memorandum of Agreement on Tuesday, November 7, in a hotel here for the social security coverage of job order and contractual personnel of these three offices who are not...
State-run Government Service Insurance System (GSIS) has invested in publicly listed Alternergy Holdings Corp., a renewable power pioneer known for its profitability and clean energy vision. In a statement on Tuesday, Nov. 7, the pension fund for government workers said a total of P1.45 billion was...
State-run Social Security System (SSS) has sent notices of remittance violation to a pharmacy and a household appliances retail store in Taguig City. In a statement, SSS said P3.4 million worth of unpaid workers’ contributions and penalties were found in the two establishments. This is due to...
The Philippines has informed the European Union (EU) that it is making "major reforms" in its criminal justice system as both sides recently met to reaffirm commitment to protect and promote rule of law and human rights. According to the Department of Foreign Affairs (DFA), Manila told the regional...
