State-run pension fund Government Service Insurance System (GSIS) has credited ₱7.3 billion in loan amortization refunds to more than 500,000 government employees and pensioners. The initiative is part of the Balik Ginhawa program, which has posted a high success rate, with nearly 90 percent of...
State-run Philippine Deposit Insurance Corporation (PDIC) is implementing a more robust and accessible framework for depositors seeking to appeal denied insurance claims. Approved on February 25, Regulatory Issuance (RI) No. 2026-01 introduces a “stronger, clearer, and more responsive process”...
Pru Life UK is expanding its investment-linked offerings in the Philippines to capture demand for diversified assets, launching a multi-asset fund to help insulate local portfolios against heightened global volatility. Pru Life UK Chief Investment Officer Princess Balingit said during a roundtable...
State-run Government Service Insurance System ’s (GSIS) financial performance posted a single-digit improvement in 2025, driven by a steady increase in its core earnings and a significant expansion in its asset base. Based on the state pension fund’s latest unaudited condensed statement of...
State-run pension fund Government Service Insurance System (GSIS) has begun releasing refunds under its Balik Ginhawa program, providing immediate financial relief to qualified members and pensioners. In a statement on Thursday, April 9, GSIS said the disbursements started last Wednesday, April 8,...
The Government Service Insurance System (GSIS) will return more than ₱19 billion to 1.37 million members and pensioners under a relief program that provides a lump-sum refund of recent loan payments rather than the traditional suspension of future collections. In a statement, GSIS said the state...
A small group of patients, mostly suffering from chronic illnesses, accounts for a disproportionate share of hospital spending in the Philippines, according to state-run policy think tank Philippine Institute for Development Studies (PIDS). In a statement on Wednesday, April 1, PIDS cited its study...
The Government Service Insurance System (GSIS) is shifting its approach to debt relief, rolling out a modified three-month loan moratorium that replaces traditional payment skips with a lump-sum refund to provide immediate liquidity to state employees. In a statement on Wednesday, April 1, the...
Local government units (LGUs) in the Philippines are spending far below what is needed to deliver basic primary health care (PHC) services, according to state-run policy think tank Philippine Institute for Development Studies (PIDS). A PIDS discussion paper t itled “Are Philippine Local...
State-run pension fund Government Service Insurance System (GSIS) has expanded its service channels for members and pensioners from March 30 to April 1, offering more digital and on-site options during the Holy Week period. In a statement on Saturday, March 28, GSIS said th is move aligns with...
State-run pension fund Government Service Insurance System (GSIS) is off to a strong start with its Ginhawa Solar Energy Loan (GSEL) program, racking up over 1,200 applications worth nearly ₱400 million in less than 24 hours after its launch on Wednesday, March 25. “The rollout of GSEL is our...
State-run Government Service Insurance System (GSIS) began accepting applications on Wednesday, March 25, for its Ginhawa Solar Energy Loan (GSEL), a move intended to provide government employees with affordable financing for renewable energy as the country grapples with rising utility costs. The...
