State-run Government Service Insurance System (GSIS) has invested in publicly listed Alternergy Holdings Corp., a renewable power pioneer known for its profitability and clean energy vision. In a statement on Tuesday, Nov. 7, the pension fund for government workers said a total of P1.45 billion was...
State-run Government Service Insurance System (GSIS) has launched a new condonation and restructuring program with longer and affordable payment terms. In a statement, the pension fund for government workers said the Restructuring Program for Service Loans (RPSL) would benefit GSIS' former members,...
State-run Government Service Insurance System (GSIS) released a memorandum circular concerning revised check replacement policies. According to GSIS' memorandum circular -49-2023, the Policy and Procedural Guidelines (PPG) would cover all claims or refunds as well as miscellaneous checks. This also...
Land titles from the state-run Government Service Insurance System (GSIS) were given to at least 70 beneficiaries under the Pabahay sa Bagong Bayaning Manggagawa (PBBM) initiative. The PBBM initiative is a GSIS housing program that was introduced last May. It is a three-tiered strategy to support...
State-owned Government Service Insurance System (GSIS) has introduced a loan program for teachers with longer payment terms and lower interest rates. In a statement on Tuesday, Sept. 26, GSIS President and General Manager Wick Veloso said that this initiative aligns with the Department of...
Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
The Government Service Insurance System (GSIS) is leasing out two real estate properties in Ortigas Center, Pasig City for over P83 million per year. According to a notice on the GSIS website, these properties are located at the intersection of Doña Julia Vargas and Meralco Avenue, Brgy. Ugong,...
The Government Service Insurance System (GSIS) has sold its property in Sta. Mesa to the Social Housing Finance Corp. (SHFC) for the construction of an affordable high-rise condominium project. In a statement, GSIS President and General Manager Wick Veloso said that SHFC purchased the pension...
Metro Pacific Investments Corporation (MPIC) reported that its planned voluntary delisting will now push through after the bidders have obtained enough shares from a tender offer to bring down the firm’s public float to less than five percent. In a disclosure to the Philippine Stock Exchange...
State-run Government Service Insurance System (GSIS) has made it mandatory for all government agencies to join its program which offers increased credit limits, extended repayment periods, and simplified application requirements. This directive was issued through GSIS Memorandum Circular No. 048,...
The Government Service Insurance System (GSIS) assured that it will not be standing in the way of the planned voluntary delisting of Metro Pacific Investments Corporation (MPIC) as it intends to remain a shareholder of the conglomerate even if it is delisted. In a disclosure, MPIC said it was...
Instead of preparing to divest its stake in Metro Pacific Investments Corporation (MPIC), the Government Service Insurance System (GSIS) has been buying more shares to increase its stake in the conglomerate—enough to derail the management-led tender offer and delisting plan. In a disclosure to...
