State-run Government Service Insurance System (GSIS) has allocated nearly P8.6 billion in emergency loans to assist 363,547 active members and old-age and disability pensioners affected by recent typhoons. In a statement, GSIS said the emergency loan program is open to active members and pensioners...
The Financial Executives Institute of the Philippines Research and Development Foundation (FINEX Foundation) has decided to join other shareholders of the Philippine Dealing System Holdings Corporation (PDSHC) in selling its stake to the Philippine Stock Exchange (PSE). In a disclosure by the PSE,...
With a renewed focus on inclusivity, innovation, and quality education, the Department of Education (DepEd) looks ahead to 2025 with optimism and a commitment to further enhancing the learning experience across the country. (DepEd / MB VIsual Content Group) In his New Year's message released on...
The Philippine Army’s (PA) decision to acquire the Typhon missile system is part of the country’s efforts to improve its deterrence capabilities against external threats and not to join a global competition for superiority through the accumulation of weapons. National Security Adviser (NSA)...
Despite long-standing challenges in the country’s healthcare system, 2024 has seen significant milestones in public health, according to the Department of Health (DOH). (DOH / MANILA BULLETIN) DOH Secretary Teodoro “Ted” Herbosa highlighted the department's notable strides in advancing...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/ MANILABULLETIN) Surigao del Norte 2nd district Rep. Robert Ace Barbers has shot down the prospect of the Philippines purchasing armaments from China. Barbers had this to say...
Private sector workers will soon face higher Social Security System deductions as the state-run pension fund announced increased contribution rates to shore up revenues and ensure long-term stability. Effective Jan. 1, 2025, the SSS contribution rate will rise to 15 percent, according to Circulars...
The Philippine Stock Exchange, Inc. (PSE) is set to reshape the country's capital markets with its acquisition of a controlling stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement on Thursday, Dec. 26, the PSE announced that it had signed agreements to acquire a 61.92...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/ MANILA BULLETIN) Surigao del Norte 2nd district Rep. Robert Ace Barbers blasted China for going back to its meddling ways, particularly with the Philippines' plan...
The Philippines' justice system lags behind not only in the region but also globally in terms of access, efficiency as well as quality, according to data aggregated by the World Bank. The Washington-based multilateral lender's Prosperity Data360 Justice Country Snapshots for the Philippines...
State-run Social Security System (SSS) announced that it had disbursed over P1.15 billion in calamity loan assistance to nearly 70,000 members affected by recent typhoons. In a statement, Carlo C. Villacorta, SSS acting head for public affairs, said the swift action comes in response to the urgent...
The Government Service Insurance System (GSIS) awarded a grand total of P1.5 million in prizes to 300 members and pensioners during its annual Christmas raffle draw. GSIS reported that a total of P1.5 million was distributed, with 210 active members and 90 pensioners each receiving P5,000. Wick...
