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) 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...
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...
State-run Government Service Insurance System (GSIS) has committed $300 million to US-based infrastructure-focused private equity firm Global Infrastructure Partners (GIP). In a statement on Monday, April 17, Wick Veloso, GSIS president and general manager, said the pension fund has signed an...
State-owned Government Service Insurance System (GSIS) now accepts optional non-life insurance (ONLI) premium payments and the corresponding taxes and fees from clients online through Land Bank of the Philippines. In a statement on Monday, Feb. 20, Wick Veloso, GSIS president and general manager,...
State-run Government Service Insurance System (GSIS) warned the public to be vigilant against scammers and fraudsters posing as employees or representatives of the pension fund over the phone or the Internet. Wick Veloso, GSIS president and general manager, said they strongly advise members and...
The Government Service Insurance System (GSIS) posted a record-high P6.8 billion gross premium written (GPW) in its non-life insurance business for last year as more agencies move to secure state-owned assets, making the pension fund the country's largest non-life insurer in the country. In a...
State-run Government Service Insurance System (GSIS) announced on Thursday, Dec. 29, that the pension fund will grant educational assistance to kin of its members. Wick Veloso, GSIS president and general manager said they will release P100 million in financial aid to 10,000 qualified children of...
State-run Government Service Insurance System (GSIS) is offering a housing loan and restructuring program for home loan borrowers and installment sale for buyers of its retail housing units. In a statement, Wick Veloso, GSIS president and general manager, said the two new programs aim to assist the...
State-owned Government Service Insurance System (GSIS) said it would launch a housing program for government workers next year. In a statement, Wick Veloso, GSIS President and General Manager said the pension fund signed a memorandum of understanding (MOU) with the Department of Human Settlements...
