The Government Service Insurance System (GSIS) has earmarked P1.7 billion in emergency loans to aid its members and pensioners who have been affected by rabies and El Niño in 13 different areas across the country. According to the pension fund for government workers, more than 77,000 affected...
The Department of Energy (DOE) is counting on the commercial fruition of roughly 13,000 megawatts (MW) of committed power projects for the country to ultimately get out from the ‘wobbly state’ of its electricity supply. As explained, committed capacity would refer to projects that are already...
The Social Security System (SSS) announced that its net revenues for the first three months of the year increased by 60 percent. In a proactive effort to reach its goal of P100 billion in total net income for this year, SSS said that the overall net revenues for the first quarter valued at P33.9...
State-run Social Security System (SSS) is urging seafarers to aim for a minimum of 10 years' worth of monthly contributions in order to qualify for a lifelong monthly pension after retirement. Rolando Ledesma Macasaet, SSS president and chief executive officer, said that seafarers are entitled to...
BACOLOD CITY – The Negros Occidental Police Provincial Office (Nocppo) has launched a text messaging or short messaging system-based anti-anti-criminality reporting system. POLICE Col. Rainerio de Chavez (third from left), Negros Occidental police director, and Talisay City Vice Mayor Jose...
The Government Service Insurance System (GSIS) has rolled out a debt relief program to aid borrowers currently facing payment challenges in its housing loan program. In a statement on Wednesday, May 8, Wick Veloso, GSIS president and general manager, said that the program is designed to...
(GSIS) Members of the Makabayan bloc have filed two resolutions urging the House of Representatives to investigate, in aid of legislation, the Government Service Insurance System (GSIS) over its alleged inefficiencies and irregular investments. The group led by...
Social Security System (SSS) President and Chief Executive Officer Rolando Ledesma Macasaet (left) points out toconstruction company personnel their unremitted contributions in Barangay Teacher’s Village East, Quezon City. Social Security System (SSS) President and Chief Executive Officer...
The Bankers Association of the Philippines (BAP) is waiting for the Philippine Stock Exchange to name a price if it wants to buy the stake of banks in the Philippine Dealing System Corporation (PDS), which owns the fixed income bourse Philippine Dealing & Exchange Corporation. BAP...
In light of the pertussis outbreak in Sta. Rosa City, Laguna, the Government Service Insurance System (GSIS) has set aside P178 million for emergency loans to assist members and pensioners directly affected by the situation. In a statement, the pension fund for government workers said the...
President Marcos assured on Monday, April 29, that the government has an integrated approach in addressing and easing the impact of the La Niña phenomenon as the country is poised to face more cyclones this year. President Ferdinand 'Bongbong' Marcos Jr. leads the inauguration of the...
State-run Social Security System (SSS) will continue to issue violation notices to contribution evaders nationwide in light of the upcoming Labor Day. In an effort to protect the welfare and security of private sector employees, the SSS urges establishments to responsibly remit their workers’...