State-run Government Service Insurance System (GSIS) announced a 21 percent increase in net income from operations to ₱135.7 billion in 2024, fueled by strong investment returns and robust operational performance. In a statement on Monday, Feb. 24, Wick Veloso, GSIS president and general manager,...
The assets of the Government Service Insurance System (GSIS) and the Home Development Mutual Fund, more popularly known as Pag-IBIG Fund, reached record highs while growing their respective bottom lines in 2024. Their fortified assets ensure the financial viability of these state-run social...
Senator Sherwin Gatchalian urged local government units (LGUs) and law enforcement agencies to arrest the proliferation of love scams that have been victimizing countless foreign nationals. Gatchalian made the call following a claim made recently by the Australian Federal Police that around AUS$24...
Government Service Insurance System (GSIS) President and General Manager Wick Veloso (rightmost) led the oath-taking of the new officers of the Philippine Alliance of Retired Educators (PARE) officers during its 10th anniversary celebration on Feb. 17 at the GSIS Gym. Among those who took...
The National Food Authority (NFA) has begun releasing rice stocks to participating local government units (LGUs), which consumers can purchase for as low as ₱33 per kilo, as part of the agency’s mandate under the food security emergency on rice. During a ceremonial turnover on Wednesday, Feb....
(Unsplash) Camarines Sur 2nd district Rep. LRay Villafuerte is upbeat with the prospects of the Philippines adopting an E-Government system this year, especially after the Senate approved its version of the E-Governance bill endorsed by...
Department of Agriculture Secretary Francisco Tiu Laurel shaking hands with Phylum Managing Partner Francois Gary (Embassy of France in Manila photo) The National Dairy Authority (NDA), an attached agency of the Department of Agriculture (DA), is teaming up with France-based food consultancy firm...
Long-term government debt yields fell on Tuesday, Feb. 11, amid expectations of a 25-basis-point cut in key borrowing costs by the Bangko Sentral ng Pilipinas (BSP) and easing U.S. Treasury yields. The Bureau of the Treasury (BTr) raised ₱30 billion ($540 million) through an auction of...
Senator Risa Hontiveros expressed belief that the maritime cooperative activity of the United States, Australia, Japan and the Philippines held within the country’s exclusive economic zone (EEZ) was a strong demonstration of solidarity amid China’s continued refusal to honor international...
President Marcos called on all government units and agencies and international partners to be part of the global commitment to open governance. President Ferdinand 'Bongbong' Marcos Jr. delivers a speech at the 2025 Open Government Partnership (OGP) Asia and the Pacific Regional Meeting (APRM) held...
BACOLOD CITY – Mayor Albee Benitez said the rehabilitation of the public plaza and the government center grounds here will start this month. BENITEZ (Glazyl Masculino) Benitez said the Tourism Infrastructure and Enterprise Zone Authority finished the bidding process last December. “They’ve...
The Hooked on Books (HOB) Library and its affiliated reading program were officially launched and opened at Pinagbuhatan Elementary School in Pasig City on Monday, Feb. 3, aiming to nurture the imagination and abilities of the youth toward a brighter future through reading. Pasig City Mayor Vico...
