The Philippine Stock Exchange (PSE) announced that AIA Philippines Life and General Insurance Company Inc. has agreed to sell its four percent stake in Philippine Dealing System Holdings Corporation (PDHSC). In a disclosure, the PSE said AIA is selling its 250,000 PDHSC shares for P150 million, or...
The Department of Education (DepEd) on Thursday, Jan. 16, highlighted its ongoing efforts to prepare learners for the future. (DepEd / MB Visual Content Group) At the Annual Educators' Congress (AECON) 2025, DepEd Undersecretary Peter Irving Corvera delivered a speech on behalf of Secretary Sonny...
Senator Risa Hontiveros urged on Wednesday, Jan. 15 the Social Security System (SSS) to defer the implementation of the contribution hike as she noted that this would further deplete workers’ wages. Hontiveros issued the call in Senate Resolution (HR) No. 1269, wherein she proposed a Senate...
State-owned Government Service Insurance System (GSIS) reported record loan disbursements totaling P289 billion last year, providing financial support to over 1.2 million government employees. In a statement, Wick Veloso, GSIS president and general manager, said the strong loan releases were driven...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Seeking the backing of his solon-colleagues, Cagayan de Oro City 2nd district Rep. Rufus Rodriguez has filed a resolution urging President Marcos to suspend the implementation of...
Rizal 4th district Rep. Fidel Nograles (PPAB) Rizal 4th district Rep. Fidel Nograles is urging President Marcos to suspend the increase in the Social Security System’s (SSS) contribution rates, citing the need to protect workers burdened...
Increases, such as the hike in members' contribution to the Social Security System (SSS), were studied well based on actuarial considerations, a Palace official said, amid calls to suspend the proposed SSS contribution increase. Executive Secretary Lucas Bersamin (Photo courtesy of PPA/KJ Rosales)...
Acknowledging the vital role of early childhood education in enhancing the country’s overall education quality, the Second Congressional Commission on Education (EDCOM 2) emphasized on Tuesday, Jan. 7, its support for increased investment in early childhood education as part of the 2025 national...
The Social Security System (SSS) said its contribution rate increase, effective January 2025, is projected to generate an additional P51.5 billion in revenue. In a statement, Robert Joseph M. De Claro, SSS president and chief executive officer, said the substantial increase in revenue will bolster...
Senate Minority Leader Aquilino “Koko” Pimentel III (Senate PRIB) Senate Minority Leader Aquilino “Koko” Pimentel III has thrown his support behind calls to suspend the increase in the contribution rates of Social Security System (SSS)...
Former Bayan Muna Party-list Rep. Neri Colmenares (PPAB) Bayan Muna Chairman and former congressman Neri Colmenares lambasted the “scandalous disparity” between the million-peso salaries of Social Security System (SSS) officials and the...
Gabriela Women’s Party-list Rep. Arlene Brosas (PPAB) Gabriela Women’s Party-list Rep. Arlene Brosas is urging the government to suspend the increase in the Social Security System’s (SSS) contribution rates to 15 percent, arguing that it will...
