The Social Security System (SSS) said the pension fund is on track to achieve a robust growth in net income this year, supported by increased investment returns and enhanced collection initiatives. Rolando Ledesma Macasaet, SSS president and chief executive officer said that the fund is projecting...
After the recent 7.2 magnitude earthquake in Taiwan, the Social Security System (SSS) will extend its calamity loan to the affected overseas Filipino workers (OFWs). In a briefing, Rolando Ledesma Macasaet, SSS president and chief executive officer said on Thursday, April 4, that active members...
State-run Social Security System (SSS) is offering to help out small and medium-sized enterprises (SMSEs) in paying their employees’ unpaid contributions. The SSS recorded a successful Run After Contribution Evaders (RACE) campaign throughout 2023, bringing P92 billion worth of unpaid remittances...
The Government Service Insurance System (GSIS) has improved its financial benefits for its members and pensioners, propelled by robust financial growth last year. Wick Veloso, GSIS president and general manager, said the pension fund is giving back the financial success to its members and...
State-run Social Security System (SSS) is encouraging overseas Filipino workers (OFWs) in Singapore to avail of the Voluntary Provident Fund Program or the Worker’s Investment and Savings Program (WISP) Plus. During the First SSS Kapihan sa Singapore, SSS President and Chief Executive Officer...
The Philippine Stock Exchange (PSE) has given the greenlight for the listing of the P1.45 billion worth of shares subscription that state-run Government Service Insurance System (GSIS) had exercised for the 100 million preferred shares of renewable energy firm Alternergy Holdings Corporation. The...
Government Service Insurance System (GSIS) borrowers who have an e-wallet account in Maya can now easily make loan payments. In a statement, Wick Veloso, GSIS president and general manager, said that Maya, formerly PayMaya, is now one of the online payment options within the mobile app, GSIS Touch....
Australian drone logistics startup Gap Drone said that it intends to put up an assembly plant for its Uncrewed Aerial System (UAS) production in the Philippines as it looks to expand its operations in Asia and other regions. According to the Melbourne-based tech company, it plans to enter...
Senator Grace Poe on Monday, March 18 reminded the Metropolitan Waterworks and Sewerage System (MWSS) on the necessity of coming up with mechanisms to resolve the country’s water crisis in preparation for the El Niño phenomenon. Poe, chairperson of the Senate Committee on Public Services,...
The Bangko Sentral ng Pilipinas (BSP) has again ordered banks and other BSP-supervised financial institutions (BSFIs) to place the Philippine identification card (PhilID) at the top of the list of acceptable valid IDs as it is the official government-issued ID. In a statement, the BSP said all...
The Philippine Statistics Authority (PSA) has cautioned that registering for the Philippine Identification System (PhilSys) and obtaining a PhilID or ePhilID does not entitle individuals to receive cash assistance. The PSA issued this clarification in response to social media posts...
In pursuance of solar-powered irrigation, the Department of Agriculture (DA) believes that diversifying irrigation other than rice use would increase the take-home pay of farmers. During a press briefing with the delegates of the DA, Department of Trade and Industry (DTI), and the Department of...
