State-run Government Service Insurance System (GSIS) launched a loan buyout program today, allowing government workers to consolidate their debts at interest rates as low as six percent. In a statement on Monday, Feb. 3, Wick Veloso, GSIS president and general manager, said the new program aims to...
Amid criticisms against the enacted budget of 2025, President Marcos urged public officials, who graduated from the Development Academy of the Philippines (DAP), to help his administration ensure that the budget given to the offices they belong to is spent wisely. President Ferdinand 'Bongbong'...
DAVAO CITY – The National Commission on Indigenous Peoples has urged the public to be vigilant against a bogus group claiming to be the legitimate representative of indigenous peoples groups in the Caraga region. The NCIP issued the statement after a group called the Federal...
Senator Raffy Tulfo asked the Philippine National Police (PNP) to expand their visibility and place an outpost in the Marikina-Rizal-Laguna-Quezon (Marilaque) Highway which is reportedly being used as a "race track". Sen. Raffy Tulfo examines the root causes of accidents involving land transport,...
State-run Government Service Insurance System (GSIS) reported that it had generated P15.8 billion ($272 million) from the sale of its stake in AirTrunk, a leading data center operator in the Asia-Pacific region. Wick Veloso, GSIS president and general manager, said this divestment, facilitated...
The Government Service Insurance System (GSIS) and the Philippine Government Employees Association (PGEA) will soon roll out a joint Speakers’ Bureau to enhance member education of their GSIS benefits and serve as a platform to address GSIS members’ concerns, while actively fighting ‘fake...
The Monetary Board (MB) allowed the Marcos administration to borrow as much as $3.21 (about P186.98 billion) from foreign lenders for the last three months of 2024. For the last quarter of 2024, the $3.21 approved amount accounted for six public sector medium- to long-term foreign borrowings. ...
The Government Service Insurance System (GSIS) has overhauled its loan penalty computation method, shifting to a simpler, more borrower-friendly system to provide financial relief to its members. In a statement, Wick Veloso, GSIS president and general manager, said the state pension fund aims to...
The Philippines has successfully raised $2.25 billion and €1 billion in a triple-tranche bond sale, demonstrating continued investor confidence in the country's economic prospects. The sale, totaling $2.29 billion, included 10-year and 25-year bonds denominated in US dollars, and a...
The Government Service Insurance System (GSIS) has helped more Filipinos achieve their fundamental right to home ownership through its Pabahay sa Bagong Bayaning Manggagawa (PBBM) initiative. In support of the government’s 4H housing program, the GSIS has made the dream of having a home possible...
Ignore the noise and focus on uplifting the lives of Filipinos, Executive Secretary Lucas Bersamin told public servants. Executive Secretary Lucas Bersamin (Photo courtesy of PCO) In his speech at the 2025 Budget Execution Forum on Friday, Jan. 24, Bersamin urged fellow public servants to renew...
FILE - Wind turbines at the Buckeye Wind Energy are diffused by heat vapors as they are silhouetted against the rising sun, Sept. 30, 2024, near Hays, Kan. (AP Photo/Charlie Riedel, File) A report out Thursday said a record 47 percent of the European Union's electricity came from renewable sources...
