The Philippine peso depreciated further to its weakest in nearly one month, after slipping back to the ₱57 level against the United States (US) dollar on Friday last week due the higher US inflation. The local currency dropped to the ₱57:$1 level on Wednesday, July 17, closing at ₱57.085 from...
The acquisition of over 90 percent of the Philippine Dealing System Holdings Corporation (PDSHC) has boosted the net income of the Philippine Stock Exchange by 25 percent, ₱495.7 million for the first six months of 2025 from ₱398 million in the same period last year. In a disclosure, the bourse...
The Department of Education (DepEd) on Saturday, July 12, issued a statement acknowledging the Office of the Ombudsman’s recent decision to file criminal charges against several of its former officials concerning the controversial purchase of allegedly overpriced and outdated laptops for public...
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...
President Marcos bared his plan to eventually remove the out-of-pocket expenses of patients, who are Philippine Health Insurance Corporation, if the country 's economy improves further. Citing other country 's healthcare systems, the President said it is his aspiration to expand...
The Department of Social Welfare and Development (DSWD) has reiterated that persons with disabilities (PWDs), including those with non-apparent or invisible disabilities, are fully entitled to the benefits and privileges provided by law. DSWD spokesperson Assistant Secretary Irene Dumlao issued the...
Three decades after its creation, the Commission on Higher Education (CHED) is still falling short of its mandate to guide the nation’s higher education system, according to a recent report from the Second Congressional Commission on Education (EDCOM 2), which recommends a sweeping evaluation of...
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...
The Department of Social Welfare and Development (DSWD) will begin rolling out its unified identification (ID) system for persons with disabilities (PWDs) in selected pilot local government units (LGUs) starting in October, as part of efforts to curb the proliferation of fake PWD IDs. Developed in...
The Government Service Insurance System (GSIS), the state-run pension fund for public-sector workers, reported strong growth in non-life insurance operations while it opened its new Quezon City hub to better serve members and pensioners. In a statement on Monday, June 30, the GSIS disclosed that...
As discussions on the potential removal of Senior High School (SHS) from the K to 12 curriculum resurface, an industry-led education advocacy group has called on the Marcos administration to focus on strengthening the country’s entire education system. While reiterating its support for the K to...
State-run Government Service Insurance System (GSIS) has disbursed a combined total of ₱413.4 billion, covering 1.9 million approved loan applications under its Ginhawa Flex and Ginhawa Lite programs. GSIS President and General Manager Wick Veloso reported during the pension fund’s...
