The Social Security System (SSS) has raked in nearly P28 billion in additional revenues following the increased member contribution rate last year. In a statement, Rolando Ledesma Macasaet, SSS president and chief executive officer, said the one percent rise in contribution rate from 13 percent to...
The Gotianun Group’s investment holding firm Filinvest Development Corporation (FDC) has raised P10 billion from the oversubscribed first tranche of its P32 billion shelf-registered Peso-Denominated Fixed Rate Bonds. In the photo are the executives of Filinvest Development Corporation (FDC), led...
State-owned Bases Conversion and Development Authority (BCDA) is optimistic that the Maharlika Investment Corp. (MIC) would consider New Clark City in Tarlac as one of its first investment opportunities. As one of the major players in the government's Build, Build, More initiative, Joshua Bingcang,...
The Social Security System (SSS) has issued a reminder to employers and collection partners to remit employees' contributions for the third quarter and October before the year's end. Based on a SSS circular posted on its website, the pension fund for the private sector stated that business and...
The Maharlika Investment Corp. (MIC) plans to conduct international roadshows with the aim of attracting potential investors to invest their money in the Philippines' first sovereign wealth fund. Rafael Jose D. Consing, Jr., MIC president and chief executive officer, said newly-created fund would...
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...
State-run Social Security System (SSS) has announced an extension for the remittance of contributions in areas that have been affected by the Southwest Monsoon, which was further intensified by typhoons Egay and Falcon. According to SSS Circular No. 2023-005, the deadline for the payment of June...
CEMEX Holdings Philippines, the country’s sustainability leader in the construction materials industry, has installed a new waste heat recovery facility at its APO Cement plant in Naga City, Cebu. CEMEX Holdings Philippines waste heat recovery facility at its APO Cement plant in Naga City, Cebu....
Cemex Holdings Philippines Inc. (CHP) reported a consolidated net loss of P1.0 billion for 2022, 238 percent lower than its P725.5 million profit in 2021, mainly as a result of lower sales and foreign exchange losses. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated...
Photo caption: Bases Conversion and Development Authority President and Chief Executive Officer Aileen R. Zosa presents to UK investors the investment opportunities in New Clark City during an investment roadshow at the Regent’s University in London, United Kingdom. BCDA photo. Photo caption: A...
Ayala Malls gathers its merchants in its bid to redefine the post-pandemic mall experience STRIKE A POSE Fernando Zobel takes a selfie with partner merchants, media guests, and Ayala Malls executives The social and economic impact of the ongoing pandemic has been devastating with the dramatic loss...
State-lender Development Bank of the Philippines (DBP) will help build the Marquee Doctors Medical Center, Inc. (MDMCI) in Pampanga to boost the availability of quality and affordable healthcare services in the province. In a statement Thursday, June 9, Emmanuel G. Herbosa, DBP president and chief...
