A technical hiccup due to a pipe falling into a well has affected the pace of ongoing drilling at the Malampaya gas field, according to a highly placed source whose organization is part of the Service Contract (SC) 38 consortium for the project. The source indicated that “there had been technical...
To clear up allegations surrounding its financial status following a controversial investment, the Government Service Insurance System (GSIS) reported that its net income in the first six months of 2025 jumped by more than a quarter to ₱77 billion from ₱61 billion in the same period in 2024. In...
Suspended Government Service Insurance System (GSIS) President and General Manager (PGM) Jose Arnulfo “Wick” Veloso has issued a formal statement, arguing that the preventive suspension ordered against him, along with six other executives, was merely based on bare allegations contained in an...
The Government Service Insurance System (GSIS) and the Social Security System (SSS) are ramping up efforts to provide swift financial relief to members and pensioners affected by recent calamities Both agencies have announced more accessible and streamlined loan programs. GSIS has opened emergency...
Senator Sherwin Gatchalian on Wednesday, July 23 called on the government to protect Government Service Insurance System (GSIS) members’ interests at all cost in light of authorities’ investigation into its stock investment decisions. Gatchalian is referring to the Department of Finance (DOF)...
In an effort to transform public service delivery, the Department of Education (DepEd) and Microsoft have raised the bar for digital governance with the launch of the Public Assistance Referral and Ticketing System (PARTS) in Region III. This pioneering initiative streamlines the handling of public...
The Government Service Insurance System (GSIS) has appointed Juliet M. Bautista as officer-in-charge after the Office of the Ombudsman ordered the suspension of President and General Manager Jose Arnulfo “Wick” Veloso and six other executives over the ₱1.45 billion purchase of preferred...
The United States Department of Agriculture (USDA) has revised upward its forecast for global rice production by 300,000 metric tons (MT) amid higher rice output in the Philippines. In its latest report on world grain markets and trade, the USDA credited the high yields from the Philippines for...
State-run Government Service Insurance System (GSIS) has signed an agreement with the Power Sector Assets and Liabilities Management Corporation (PSALM), and the National Power Corporation (NPC), finalizing the settlement of over ₱1 billion in unremitted premium contributions arising from...
Senator Panfilo “Ping” Lacson has filed a bill that would allow public servants who have served for at least nine (9) years in government a chance to qualify for the retirement packages of the Government Service Insurance System (GSIS). The bill, entitled “An Act Providing for Voluntary...
Bosch Car Service has entered into a formal Service Level Agreement (SLA) with VinFast Auto Philippines, marking a new step in expanding electric vehicle aftersales support in the country. The agreement authorizes Bosch Car Service centers nationwide to handle servicing duties for VinFast vehicles....
The Philippines will see a slight improvement in its rice production in the upcoming marketing year (MY) as the government’s support programs for the sector—including the sale of subsidized rice—are now starting to pay off, according to the United States Department of Agriculture (USDA). In a...